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Patriot Battery Metals ASX Listing Update

Corporate Updates

Patriot Battery Metals Inc.

Suite 700 - 838 W. Hastings Street, Vancouver, BC, Canada, V6C 0A6

www.patriotbatterymetals.com TSX-V: PMET / OTC: PMETF / FSE: R9GA

Patriot Battery Metals ASX Listing Update

September 12, 2022 – Vancouver, BC, Canada

Patriot Battery Metals Inc. (the “Company” or “Patriot”) ( TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA)

is pleased to provide the following update on its plans to dual list on the ASX.

Patriot has been in consultation with the ASX to obtain in -principle approval to undertake a dual listing on the ASX

and TSX-V. Following the successful relisting of Patriot on the TSX-V on 14 July 2022, the Company now anticipates

it will receive in-principle approval along with the standard ASX Listing Rule waivers for a TSX-V company to dual

list on the ASX shortly. The Company now expects to lodge its listing prospectus in October 2022.

Subject to the successful completion of the conditions in the in-principle approval including successful closing of the

prospectus, Patriot would commence trading on the ASX. This is expected to be prior to the end of 2022.

The Company will provide further updates on the ASX listing process but cautions investors there is no guarantee that

the Company will 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 100% owned Corvette Property, located proximal to the Trans -Taiga Road and

powerline infrastructural corridor in the James Bay Region of Québec. The land package hosts significant lithium

potential highlighted by the CV5- 1 spodumene pegmatite corridor with drill intercepts of 1.22 % Li2O and 138 ppm

Ta2O5 over 152.8 m (CV22-030), and 2.22% Li 2O and 147 ppm Ta 2O5 over 70.1 m, including 3.01% Li2O and 160

ppm Ta2O5 over 40.7 m (CV22-017). Additionally, the Property hosts the Golden Gap Trend with grab samples of 3.1

to 108.9 g/t Au from outcrop and 10.5 g/t Au over 7 m in drill hole, and the Maven Trend with 8.15% Cu, 1.33 g/t Au,

and 171 g/t Ag in outcrop.

The Company also holds 100% ownership of the Freeman Creek Gold Property in Idaho, USA which hosts two

prospective gold prospects - the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag

over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75%

Cu.

The Company’s other assets include the Pontax Lithium -Gold Property, QC; and the Hidden Lake Lithium Property,

NWT, where the Company maintains a 40% interest, as well as several other assets in Canada.

For further information, please contact us at [email protected] Tel: +1 ( 604) 279-8709 , or visit

www.patriotbatterymetals.com.

On Behalf of the Board of Directors,

“BLAIR WAY”

Blair Way, President, CEO, & Director

Disclaimer for Forward-Looking Information

This news release contains forward -looking statements and other statements that are not historical facts. Forward -looking statements are often

identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of

historical fact, included in this news release are forward -looking statements that involve risks and uncertainties. There can be no assurance that

such statements will prove to be accurate and actual results and future events c ould differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from the Company’s expectations include the results of further exploration

and testing, and other risks detailed from time to time in the filings made by the Company with securities regulators, available at www.sedar.com.

The reader is cautioned that assumptions used in the preparation of any forward -looking information may prove to be incorrect. Events or

circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties,

and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance o n any forward-

looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and

actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by

this cautionary statement. The forward -looking statements contained in this news release are made as of the date of this news release and the

Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this

news release.