Grounded Lithium Corp. GRD.V

Company Overview

Grounded Lithium Corp. is a Canadian lithium development company focused on the exploration and commercial development of lithium brine resources in western Canada. The company operates primarily in the lithium and energy transition materials sector, with activities centered on identifying, delineating, and advancing lithium-bearing brine assets suitable for future production of battery-grade lithium chemicals. Its shares trade on the TSX Venture Exchange under the symbol GRD.V.

The company’s principal assets are located in Saskatchewan within the Kindersley region of the Williston Basin, an area with established oil-and-gas infrastructure and extensive subsurface data coverage. Grounded Lithium’s strategy has focused on leveraging existing regional infrastructure and modern direct lithium extraction (DLE) technologies to potentially reduce development timelines and capital intensity relative to conventional hard-rock lithium projects. The company evolved from a resource-focused exploration platform into a lithium-focused developer as demand for battery supply chain materials accelerated across North America and global electric vehicle markets.

Business Operations

Grounded Lithium’s operations are concentrated around the advancement of its Saskatchewan lithium brine portfolio, including resource delineation, reservoir analysis, pilot testing, and development planning. The company’s core business activity involves evaluating lithium concentrations within subsurface brine formations and assessing commercial extraction opportunities using emerging processing technologies. Revenue generation has not historically come from lithium production, as the company remains in the development-stage phase according to public filings and investor disclosures.

The company’s primary operational focus is its Kindersley Lithium Project and associated land holdings in Saskatchewan. Grounded Lithium has pursued technical collaborations and evaluation programs related to direct lithium extraction technologies, which are intended to selectively recover lithium from produced brines while minimizing freshwater usage and land disturbance relative to conventional evaporation ponds. Operations are primarily domestic within Canada, though the company’s strategic relevance is tied to broader North American battery supply chain development and critical minerals policy initiatives.

Strategic Position & Investments

Grounded Lithium’s strategic direction has centered on positioning itself as a future supplier of lithium chemicals for the North American battery ecosystem. Public disclosures indicate that the company has focused on expanding and upgrading lithium resource estimates, conducting preliminary economic evaluations, and assessing commercial-scale DLE processing options. The company has also highlighted the importance of Saskatchewan’s established energy infrastructure, regulatory environment, and access to subsurface expertise as strategic advantages.

The company has pursued partnerships and technical evaluations involving lithium processing technologies and reservoir engineering expertise. Grounded Lithium has emphasized capital-efficient development pathways and scalable project design in investor communications. While the company has evaluated multiple technology pathways and strategic opportunities, some long-term commercial development outcomes remain dependent on future feasibility work, financing availability, regulatory approvals, and broader lithium market conditions. Data regarding future production timelines and definitive commercial arrangements remains inconclusive based on available public sources.

Geographic Footprint

Grounded Lithium’s operations are concentrated in Saskatchewan, Canada, particularly within the Kindersley region of the Williston Basin. The company is headquartered in Calgary, Alberta, which serves as a major operational and financial center for many Canadian energy and resource companies. Its asset base is primarily domestic, with exploration and development activities focused entirely within western Canada based on publicly available disclosures.

Although the company does not currently maintain a broad international operating footprint, its strategic positioning is linked to the expanding North American critical minerals supply chain. The company’s projects are viewed within the context of increasing regional demand for lithium used in electric vehicles, energy storage systems, and battery manufacturing across Canada and the United States. Grounded Lithium’s regional focus also aligns with Canadian government initiatives supporting domestic critical mineral development.

Leadership & Governance

Grounded Lithium’s leadership team includes executives and directors with backgrounds in energy, subsurface resource development, finance, and capital markets. The company’s governance approach has emphasized technical evaluation, disciplined capital allocation, and strategic positioning within the evolving lithium supply chain. Public company disclosures and investor materials indicate a management philosophy focused on advancing lithium brine assets through staged technical de-risking and partnerships where appropriate.

Key executives and leadership personnel include:

• Gregg Smith – President & Chief Executive Officer
• David Wheeler – Chief Financial Officer
• Garrett Schmidt – Vice President, Exploration
• Robin Dunbar – Chairman of the Board

The company’s leadership has publicly emphasized the importance of integrating Saskatchewan’s existing energy infrastructure and geological expertise into lithium development strategies. Management communications have also highlighted a focus on sustainability considerations, technological adaptability, and participation in the growing North American battery materials market.