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Patriot Battery Metals Commences Process to Dual List on ASX

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Patriot Battery Metals Inc. (CSE: PMET, OTCQB: PMETF) announced plans to dual list on the Australian Securities Exchange (ASX) to enhance market access and attract new investors. This move is strategic given the growing presence of Australian shareholders and established lithium companies on the ASX. The company emphasized its commitment to keeping shareholders updated, although they noted that ASX listing approval is not guaranteed. Patriot's flagship asset, the Corvette Property, is located in Quebec and shows significant lithium potential, highlighted by drill intercepts averaging up to 1.25% Li2O.

Positive
  • Commencing dual listing on ASX to improve investor access.
  • Strong Australian shareholder base potentially supports listing.
  • Flagship Corvette Property exhibits significant lithium potential with drill intercepts up to 1.25% Li2O.
Negative
  • No guarantee of ASX listing approval.

VANCOUVER, British Columbia, May 02, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce it has commenced the process to dual list Patriot Battery Metals on the ASX. Patriot already has a strong number of shareholders based out of Australia on its register so it is the logical next step for the Company to provide greater ease of access to existing and new investors.

The Company also believes the ASX listing will position the company better in the Australian market which has many well established lithium companies listed on ASX with hard rock lithium projects in Canada.

The Company will provide further update as we progress this process as there there is no guarantee the Company will be granted approval to list on ASX.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

The Company’s flagship asset is the Corvette Property, which includes the wholly owned 213 sq kilometer of claim blocks located in the James Bay Region of Québec. The land package hosts significant lithium potential highlighted by the CV5-6 spodumene pegmatite with drill intercepts of 0.94% Li2O and 117 ppm Ta2O5 over 155.1 m (CF21-002), and 1.25% Li2O and 194 ppm Ta2O5 over 58.1 m at (CF21-003). The total strike length of the lithium trend is over 50km with a number of lithium bearing pegmatite outcrops identified throughout this trend yet to be drill tested.

For further information, please contact us at info@patriotbatterymetals.com Tel: +1 (778) 945-2950 , or visit www.patriotbatterymetals.com.

On Behalf of the Board of Directors,

BLAIR WAY
Blair Way, CEO, President & Director

Disclaimer for Forward-Looking Information

Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.


FAQ

What is Patriot Battery Metals planning regarding ASX?

Patriot Battery Metals is planning to dual list on the ASX to improve market access and cater to its Australian shareholders.

What are the key assets of Patriot Battery Metals?

The key asset of Patriot Battery Metals is the Corvette Property located in Quebec, which has significant lithium potential.

What is the current status of the ASX listing for PMETF?

The ASX listing process has started, but there is no guarantee that approval will be granted.

What are the lithium grades reported from Patriot's Corvette Property?

Patriot's Corvette Property reported drill intercepts of up to 1.25% Li2O.

PATRIOT BATTERY METALS

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