Grounded lithium executes strategic investment with denison mines

Provides funds to materially advance the kindersley lithium project  conference call and webcast to be held at 10:00am (mst) on january 17, 2024 to describe the transaction calgary, ab , jan. 16, 2024 /prnewswire/ - (tsxv: grd) (otcqb: grdaf) – grounded lithium corp. ("glc" or the "company") is pleased to announce we entered into a definitive agreement dated january 15, 2024 with denison mines corp (tsx: dml nyse american: dnn) ("denison") whereby denison has the option to earn up to a 75% working interest in the kindersley lithium project ("klp") by funding in aggregate up to $15,150,000 comprised of both cash payments to glc of up to $3,150,000 and funding project expenditures of up to $12,000,000 through a structured earn-in option. (the "agreement").
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