Business
Grid Battery-Engages i2i Marketing Group, LLC for Marketing Program
COQUITLAM, BC / ACCESSWIRE / August 16, 2024 / Grid Battery Metals Inc. (the "Company" or "Grid...
About this update from Grid Battery Metals Inc
[{"type":"text","content":"Grid Battery-Engages i2i Marketing Group, LLC for Marketing ProgramCOQUITLAM, BC / ACCESSWIRE / August 16, 2024 / Grid Battery Metals Inc. (the \"Company\" or \"Grid\") (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) is pleased to announce that it has engaged i2i Marketing Group, LLC (\"i2i\") of Key West Florida, and has entered into a Marketing Agreement dated August 15, 2024, whereby i2i will provide a marketing and media distribution for an initial term of four months commencing upon TSX Venture Exchange (\"Exchange\") approval for a fee of US$600,000.Upon Exchange approval, the Company will pay i2i an initial deposit of US$150,000 to write and design the creative for an advertising campaign. The US$150,000 will offset the payments required for the initial medial distribution budget.i2i will create an advertising campaign and utilize their physical marketing program strategy with the aim of increasing investor awareness through various online platforms and methods of engagement, including the direct mailing of advertising materials to potentially interested parties. Following the end of the initial term, the Company has the sole option to extend the media distribution budget for an additional period of six months for an additional US$600,000. After the secondary term this agreement may continue on a month-to-month basis as mutually agreed upon by i2i and the Company.The Company will not issue any securities to i2i as compensation for its marketing services. As of the date hereof, to the Company's knowledge, i2i (including its directors and officers) does not own any securities of the Company and is arm's length to the Company.About Grid Battery Metals Inc. www.gridbatterymetals.com.Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.About Texas Springs PropertyThe Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program at the Texas Sprin...