Patriot Battery Metals ASX Listing Update
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
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Patriot Battery Metals ASX Listing Update
December 1, 2022 – Vancouver, BC, Canada
Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX -V: PMET) (OTCQB: PMETF) (FSE: R9GA)
is pleased to announce that it has successfully completed an initial public offering on the Australian Securities
Exchange ("ASX") of 7,000,000 CHESS Depository Interests (each, a "CDI" and each 10 CDIs representing one fully
paid Common Share for a total of 700,000 underlying Common Shares ), at a price of AUD$0.60 per CDI, for gross
proceeds of AUD$4,200,000 (approximately CAD$3,654,000). The Company has received approval, subject to the
usual conditions, from the ASX to Patriot's admission to the Official List and to the Official Quotation of Patriot's
CHESS Depository Interests (CDIs). Patriot is working with ASX to meet the listing conditions and it is expected that
trading in Patriot's CDIs (assigned a code of "PMT") on the ASX will commence on a normal settlement basis on
December 7, 2022 (Australian time).
Upon completion of the ASX listing the Company expects to receive and review a backlog of assay results, with
further announcements expected over the coming weeks.
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 2.2 km long CV5 spodumene pegmatite with drill intercepts of 1.65% Li2O and 193 ppm
Ta2O5 over 159.7 m (CV22-042), and 2.22% Li2O and 147 ppm Ta2O5 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
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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.