Oct. 31 at 2:17 AM
$MSMGF TORONTO, ON / ACCESS Newswire / October 30, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce it has closed the second and final tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C
$2,347,158 (the "Second Tranche"). The Second Tranche consisted of the issuance of 7,060,903 Common Shares to a strategic investor (the "Investor") and an existing institutional shareholder at a price of C
$0.12 per Common Share and 7,575,000 charity flow-through shares (the "CFT Shares") to charitable purchasers at a price of C
$0.198 per CFT Share. Each CFT Share will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada).