00:36:14 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Patriot Battery Metals Inc
Symbol PMET
Shares Issued 92,848,572
Close 2023-06-23 C$ 15.85
Market Cap C$ 1,471,649,866
Recent Sedar Documents

Patriot Battery clarifies no deals for sale of assets

2023-06-26 00:35 ET - News Release

Mr. Blair Way reports

PATRIOT BATTERY METALS RESPONSE TO MEDIA ARTICLE

Patriot Battery Metals Inc. has noted the article in an Australian newspaper of today (Patriot Battery Metals taps Macquarie Capital for a deal) and has provided the following clarifying statement:

  1. The company has not commenced a process that would have the effect of initiating a sale of any of its assets, nor the listed parent.
  2. The company has appointed a range of advisers and key personnel that further support the continued development of its flagship wholly owned Corvette property.
  3. The company remains intently focused on the timely development of the Corvette property, including the presentation of the mineral resource estimate (MRE) at the Corvette property in the coming weeks.

About Patriot Battery Metals Inc.

Patriot Battery is a hardrock lithium exploration company focused on advancing its district-scale 100-per-cent-owned Corvette property located in the Eeyou Istchee James Bay region of Quebec, Canada. The Corvette property is one of the largest and highest-grade hardrock lithium projects being explored, with over 50 kilometres of strike length over a 214-square-kilometre land package and over 70 lithium-bearing pegmatite outcrops identified to date.

The Corvette property is situated proximal to the all-weather Trans Taiga Road and Hydro-Quebec power line infrastructure in the Eeyou Istchee James Bay region of Quebec. The property hosts significant lithium potential highlighted by the CV5 pegmatite, which has been traced by drilling over a strike length of at least 3.7 kilometres with spodumene pegmatite encountered as deep as a 425-metre vertical depth.

We seek Safe Harbor.

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