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Grounded Lithium Corp.

Energy Transition / Mining CALGARY, AB, Canada ~280 employees
Founded
--
Employees (Est.)
~280
14 leaders known
Total Funding
$23.9M
Funding Rounds
5
Last Funding
2024-09-10

About Grounded Lithium Corp.

Grounded Lithium is a publicly traded, Alberta-headquartered lithium resource company focused on supplying lithium for the electricity-powered economy, particularly for Electric Vehicle battery manufacturing. The company aims to responsibly generate value by producing battery metals for the global energy transition through exploration, production, and strategic acquisitions of lithium-rich brine formations in Western Canada.

Products & Services

Lithium Extraction:Focused on extracting lithium from subsurface brines in Western Canada for use in Electric Vehicle batteries.
Kindersley Lithium Project:A specific project aimed at exploring and developing lithium resources in the Kindersley area.

Specialties

Lithium Extraction from Subsurface Brines Battery Metals for Electric Vehicles Exploration and Production in Western Canada

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Earn-in Agreement
T: -
FT: Earn-in Agreement
A: 4500000
MR: -
FA: 4.5 million
FAN: 4500000
D: 2024-09-10
FD: 2024-09-10
1 investors
2 RT: Earn-in Option
T: -
FT: Earn-in Option
A: 15150000
MR: -
FA: 15,150,000
FAN: 15150000
D: 2024-01-16
FD: 2024-01-16
1 investors
3 RT: Private Placement
T: -
FT: Private Placement
A: 765320
MR: -
FA: $765,320
FAN: 765320
D: 2023-09-25
FD: 2023-09-25
2 investors
4 RT: Private Placement
T: -
FT: Private Placement
A: 500000
MR: -
FA: $500,000
FAN: 500000
D: 2023-09-07
FD: 2023-09-07
1 investors
5 RT: Non-Brokered Private Placement
T: -
FT: Non-Brokered Private Placement
A: 3000000
MR: -
FA: $3,000,000
FAN: 3000000
D: 2022-11-04
FD: 2022-11-04
-
Earn-in Agreement Latest
2024-09-10
$4.5M
1 investor (Pro only)
Earn-in Option 2024-01-16
$15.2M
Private Placement 2023-09-25
$765K

View 4 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Dale Shipman

VP Operations

G

Gregg Smith

President & CEO

G

Greg Phaneuf

SVP Corporate Development & CFO

D

Dale Cugnet

Contract Controller

G

Geoff Speers

VP Exploration

W

Wayne Gaskin

VP Geophysics & IT

View 11 more team members with Pro

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Recent News

Grounded Lithium Corp. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Energy Transition / Mining
Company Size
~280 employees (est.)
Locations
CALGARY, AB, Canada

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Technology Stack

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