Investment
Features
FeesSafety
Academy
More
Pluang+

Grounded Lithium diversifies with oil interests, reports Q1 2026 loss amid strategic shifts

Company Fundamentals
13 May 2026
PRNewsWire
View Source
Neutral
pluang ai news

Grounded Lithium Corp. reported a net loss of CAD 63,993 for Q1 2026 as it diversified its portfolio by acquiring a 13.5% working interest in low-risk oil-producing properties. This move aims to support the company's working capital through income from these oil wells. Despite the loss, the company continues to develop its lithium resources in Saskatchewan, with a strong economic outlook from its Kindersley Lithium Project. The strategy reflects GLC's goal to become a leading environmentally responsible Canadian lithium producer amid the global energy transition.

More News

Study finds 2 years of lenalidomide maintenance as effective as indefinite treatment for multiple myeloma.

Study finds 2 years of lenalidomide maintenance as effective as indefinite treatment for multiple myeloma.

The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...

Company Fundamentals
Neutral
38 minutes ago
Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Lowey Dannenberg, P.C. is investigating Hims & Hers Health, Inc. for allegedly sharing sensitive user health data, including medical histories and mental health info, with third parties without proper consent. This raises concerns about violations of...

Market News
Bearish
2 hours ago
DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...

Others
Bullish
3 hours ago
Law firm investigates Starfighters Space after CEO and secretary resign amid board disputes, stock drops 14.6%.

Law firm investigates Starfighters Space after CEO and secretary resign amid board disputes, stock drops 14.6%.

Bragar Eagel & Squire, P.C. is investigating Starfighters Space, Inc. following the resignation of its founder and CEO Rick Svetkoff and company secretary Brenda Svetkoff due to disagreements with the board over company operations. The company disput...

Market News
Bearish
4 hours ago
Willis Towers Watson stock could rise 25% on new digital sales and advanced analytics innovations.

Willis Towers Watson stock could rise 25% on new digital sales and advanced analytics innovations.

Willis Towers Watson, a global advisory firm, is poised for growth with a 25.3% potential stock upside, driven by new initiatives like KwantSure, a digital insurance sales channel for subcontractors, and a Geospatial Mortality Model to improve pensio...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App