Calgary's Lithium Horizon: Grounded Lithium Corp. Reports Q3 Amid Critical Minerals Surge

Grounded Lithium Corp. Updates on Q3 Performance

Calgary-based Grounded Lithium Corp. (GLC), a key player in the burgeoning critical minerals sector, announced its financial and operating results for the three and nine-month periods ended September 30, 2025, on November 12, 2025. Trading on the TSX Venture Exchange (GRD) and OTCQB (GRDAF), GLC's update offers insights into its strategic advancements within Western Canada's evolving energy landscape.

Kindersley Project: A Strategic Asset

GLC's flagship Kindersley Lithium Project (KLP) in Southwest Saskatchewan continues to be a cornerstone of its operations. The project's Preliminary Economic Assessment (PEA), titled "NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 Update," dated November 7, 2023, reported a compelling Phase 1 after-tax Net Present Value (NPV8) of US$1.0 billion and an after-tax Internal Rate of Return (IRR) of 48.5%. With partner Denison Mines Corp. and lead author Stantec for the Pre-Feasibility Study (PFS), GLC controls significant resources: approximately 1.0 million metric tonnes of Measured & Indicated, and 3.2 million metric tonnes of Inferred lithium carbonate equivalent.

Calgary: Hub for Critical Minerals Innovation

Grounded Lithium's Calgary headquarters places it squarely in a city recognized by federal leaders like Minister François-Philippe Champagne as pivotal to Canada's critical minerals and energy transition strategy. The company's work, including direct lithium extraction (DLE) research with facilities like Ottawa's Canmet, aligns with a broader effort to diversify Calgary's economy beyond traditional oil and gas. This fosters high-skilled jobs and attracts investment, leveraging existing energy sector expertise for sustainable resource development.

Policy Paves the Way for Lithium Growth

Both federal and provincial governments are actively supporting this diversification. Canada's $3.8 billion Critical Minerals Strategy and recent G7-backed initiatives underscore lithium's vital role. Alberta's own Mineral Strategy and *Mineral Resource Development Act* (effective March 2023 for brine-hosted minerals) create a clear regulatory environment, further bolstered by investments like Alberta's TIER program funding for local DLE facilities, solidifying the region's commitment to a robust, environmentally responsible lithium supply chain.