VANCOUVER, British Columbia, Dec. 06, 2022 (GLOBE NEWSWIRE) — Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQB: PMETF) (FSE: R9GA) is happy to announce that the securities of the Company will begin citation at 12.00 PM Australia Eastern Daylight Time (AEDT) on Wednesday, 7 December 2022.
The shares of Patriot Battery Metals will commerce underneath the ticker PMT and will likely be settled within the type of CHESS Depositary Interests (‘CDIs’) at a ratio of 10 CDIs to 1 share.
The Company raised AUD $4,200,000 pursuant to the supply underneath its prospectus dated 9 November 2022 by the difficulty of seven,000,000 CDIs at a problem worth of AUD $0.60 per CDI.
Blair Way, Company President, CEO and Director, feedback: “It is nice to be buying and selling on the ASX. With the ASX itemizing blackout behind us I stay up for getting again to our regular information move offering progress updates and assay outcomes. Commencing buying and selling on the ASX is a significant milestone for the corporate and I admire the numerous efforts of our crew to make this occur.”
The Company will likely be receiving a backlog of assay outcomes, with additional bulletins anticipated over the approaching weeks.
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a mineral exploration firm centered on the acquisition and growth of mineral properties containing battery, base, and valuable metals.
The Company’s flagship asset is the 100% owned Corvette Property, situated proximal to the Trans-Taiga Road and powerline infrastructural hall within the James Bay Region of Québec. The land bundle hosts vital lithium potential highlighted by the two.2 km lengthy CV5 spodumene pegmatite with drill intercepts of 1.65% Li2O and 193 ppm Ta2O5 over 159.7 m (CV22-042), and a couple of.22% Li2O and 147 ppm Ta2O5 over 70.1 m, together with 3.01% Li2O and 160 ppm Ta2O5 over 40.7 m (CV22-017). Additionally, the Property hosts the Golden Gap Trend with seize samples of three.1 to 108.9 g/t Au from outcrop and 10.5 g/t Au over 7 m in drill gap, and the Maven Trend with 8.15% Cu, 1.33 g/t Au, and 171 g/t Ag in outcrop.
The Company additionally holds 100% possession of the Freeman Creek Gold Property in Idaho, USA which hosts two potential gold prospects – the Gold Dyke Prospect with a 2020 drill gap intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with floor pattern outcomes together with 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu.
The Company’s different belongings embody the Pontax Lithium-Gold Property, QC; and the Hidden Lake Lithium Property, NWT, the place the Company maintains a 40% curiosity, in addition to a number of different belongings in Canada.
For additional data, please contact us at email@example.com
Tel: +1 (604) 279-8709 or go to www.patriotbatterymetals.com.
On Behalf of the Board of Directors,
Blair Way, President, CEO, & Director
Competent individual assertion (ASX Listing Rule 5.22)
The data on this information launch which pertains to beforehand introduced exploration outcomes for the Corvette Property had been first launched by the Company in its prospectus for its ASX itemizing dated 9 November 2022 and launched to the ASX platform on 5 December 2022 (Prospectus). The Company confirms it isn’t conscious of any new data or knowledge that materially impacts the exploration outcomes included within the Prospectus.
Disclaimer for Forward-Looking Information
This information launch accommodates forward-looking statements and different statements that aren’t historic info. Forward-looking statements are sometimes recognized by phrases reminiscent of “will”, “could”, “ought to”, “anticipate”, “expects” and related expressions. All statements apart from statements of historic truth, included on this information launch are forward-looking statements that contain dangers and uncertainties. There could be no assurance that such statements will show to be correct and precise outcomes and future occasions might differ materially from these anticipated in such statements. Important components that would trigger precise outcomes to vary materially from the Company’s expectations embody the outcomes of additional exploration and testing, and different dangers detailed occasionally within the filings made by the Company with securities regulators, obtainable at www.sedar.com. The reader is cautioned that assumptions used within the preparation of any forward-looking data could show to be incorrect. Events or circumstances could trigger precise outcomes to vary materially from these predicted, because of quite a few recognized and unknown dangers, uncertainties, and different components, lots of that are past the management of the Company. The reader is cautioned to not place undue reliance on any forward-looking data. Such data, though thought-about affordable by administration on the time of preparation, could show to be incorrect and precise outcomes could differ materially from these anticipated. Forward-looking statements contained on this information launch are expressly certified by this cautionary assertion. The forward-looking statements contained on this information launch are made as of the date of this information launch and the Company will replace or revise publicly any of the included forward-looking statements as expressly required by relevant regulation.
No securities regulatory authority or inventory alternate has reviewed nor accepts accountability for the adequacy or accuracy of the content material of this information launch.
Source: Patriot Battery Metals
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