This website is owned and operated by Grounded Lithium Corp. (“GLC”, the “Company”, “we” or “us”). By using this website, you agree to the following terms and conditions. We may amend this legal notice from time to time without notice. Accordingly, you should review the current legal notice to determine whether you wish to continue accessing this website.
Website Protected by Copyright
Website is Provided as a Service Only
This website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by the Company to that effect. Information posted on the GLC website is believed to be accurate at the time it is posted, but may be superseded by more recent public disclosure of GLC. Stock quotes on the GLC website may be delayed or may be otherwise inaccurate. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to the Company and should not be used for the purpose of making investment decisions concerning the Company’s securities. The information on this website is not intended to be a comprehensive review of all matters and developments concerning the Company. GLC makes no representations or warranties as to the accuracy, reliability, completeness or timeliness of information on the GLC website. For current information with respect to the Company, refer to the documents filed by the Company with Canadian securities regulatory authorities on the website www.sedar.com.
Caution on Forward-Looking Information
This website may include certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation, including estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved.
Forward-looking statements contained on this website include statements with respect to the Company’s business objectives, financing initiatives, industry trends including the rising demand for electronic vehicles, upward trends in lithium prices and the current lithium supply and demand imbalance, cost of brine lithium extraction, expectations with respect to future production costs and capacity, impact of direct lithium extraction (DLE) technology on the lithium market, the Company’s intention to grow its business and commercialize operations and future operating revenues and expenses.
Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate and are subject to risks and uncertainties. In making the forward-looking statements, the Company has made various material assumptions, including but not limited to general business and economic conditions will proceed as expected; the availability of equity and other financing on reasonable terms; the Company’s ability to attract and retain skilled labour and staff; future prices of lithium; the timing and results of exploration and drilling programs; the accuracy of mineral reserve and mineral resource estimates; the geology and geophysical data of the Company’s locations; the Company’s expectation that its operations will be in Western Canada; third party contractors, equipment and supplies will be available on reasonable terms and in a timely manner; the accuracy of budgeted exploration and development costs and expenditures; the price of other commodities such as fuel; future currency exchange rates and interest rates; operating conditions being favourable, including whereby the Company is able to operate in a safe, efficient and effective manner; political and regulatory stability; the receipt of governmental and third party approvals and permits on favourable terms and in a timely manner; the absence of natural disasters and adverse weather conditions; the absence of an outbreak or escalation of infectious diseases or other similar health threats, including the novel coronavirus, that could result in the suspension or shutdown of the Company’s operations; and the availability of water, gas, electricity or other power supply, chemicals and other critical supplies. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.
Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied. Such risk factors include, without limitation: the inherent risks involved in the exploration and development of mineral properties; unexpected problems may arise due to technical difficulties and operational difficulties which impact the production, transport costs or delays in the sale of the Company’s products; geographic and weather conditions can impact the production of the Company’s products; current global and credit conditions may impact commodity prices and consumption more than the Company currently predicts; the Company’s exposure to operating hazards and risks in the mining industry; the Company may be unable to obtain additional financing on acceptable terms or not at all; uncertainty in the calculation of mineral reserves, resources and metal recovery estimates; dependence on adequate infrastructure; unexpected delays due to the limited availability of drilling equipment and personnel; uncertainty regarding future exploration and development activities, including that drilling may not result in commercial projects; the Company cannot provide assurance that a market will continue to develop or exist for its common shares and, if such market continues to develop, what the market price of the common shares will be; the market price for common shares may be volatile and subject to wide fluctuations in response to numerous factors, many of which are beyond the Company’s control; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively; the Company’s ability to meet contractual obligations and condition precedents under permits, options and joint ventures; the Company’s ability to obtain certain licenses and permits, the Company faces competition from other companies and those companies may have a higher capitalization, more experienced management or may be more mature as a business; the Company may become subject to litigation, which may have a material adverse effect on the Company’s reputation, business, results from operations and financial condition; and the other risk factors detailed from time to time in GLC’s periodic reports which may be viewed at www.sedar.com. GLC’s forward-looking statements are expressly qualified in their entirety by this cautionary statement.
The Company’s forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date on which such statements are made, or, for dated documents included on this website, the date of such document. The Company does not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.
Third Party and Technical Information
This website includes market share information, industry data and forecasts obtained from independent industry publications, market research and analyst reports, surveys and other publicly available sources. Although the Company believe these sources to be generally reliable, market and industry data is subject to interpretation and cannot be verified with complete certainty. Accordingly, the accuracy and completeness of this data is not guaranteed. Actual outcomes may vary materially from those forecast in such reports, surveys or publications, and the prospect for material variation can be expected to increase as the length of the forecast period increases. The Company has not independently verified any of the data from third party sources referred to on this website nor ascertained the underlying assumptions relied on by such sources.
Unless otherwise indicated, all mineral resource estimates included on this website have been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). NI 43-101 is a rule developed by the Canadian securities regulatory authorities, which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Standards for reporting reserves and resources under Canadian securities laws, including NI 43-101, differ significantly from the standards under United States securities laws, and resource information contained or referenced herein may not be comparable to similar information disclosed by U.S. companies.
This website and the materials posted on it may include certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards (“IFRS). Non-IFRS measures do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data presented is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS and should be read in conjunction with the Company’s financial statements, which are available under the Company’s corporate profile at www.sedar.com.
Exclusion of Liability
The Company shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits, opportunities or information arising from:
- the use of or reliance on information contained in this website;
- any inaccuracy or omission in such information or failure to keep the information current;
- use of any third party websites linked to this website;
- any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; and
- any other matter connected with this website;
even if the Company is made aware of the possibility of such claims, expenses, damages or losses.
Company Not Responsible for Linked Websites
The Company may provide links to third-party websites. Independent parties over whom GLC has no control maintain the linked sites. GLC makes no representations or warranties as to the accuracy or any other aspect of the information contained on the linked sites, including any goods or services sold or made available. GLC disclaims all liability and responsibility for the content of any linked site.