- Patriot Battery Metals (PMET) has announced a $20M flow-through private placement
- The company will issue 1,507,170 shares at a price of C$13.27 per share
- The gross proceeds received will be used for exploration expenses on the company’s Corvette Property in the James Bay area of Quebec
- Patriot Battery Metals is a mineral exploration company focused on acquiring and developing mineral properties containing battery, base, and precious metals
- Patriot Battery Metals Inc. (PMET) is down 6.14 per cent on the day, trading at C$5.96 per share at 12 pm ET
Patriot Battery Metals (PMET) has announced a $20M flow-through private placement.
The company will issue 1,507,170 shares at a price of C$13.27 per share. All shares issued will be subject to a statutory four-month hold period.
The gross proceeds received will be used to incur exploration expenses on the company’s Corvette Property in the James Bay area of Quebec.
The closing of the offering is subject to certain conditions, including the receipt of all necessary regulatory and other approvals.
Patriot Battery Metals is a mineral exploration company focused on acquiring and developing mineral properties containing battery, base, and precious metals. The company’s flagship asset is the 100 per cent owned Corvette Property, located in the James Bay Region of Québec.
Patriot Battery Metals Inc. (PMET) is down 6.14 per cent on the day, trading at C$5.96 per share at 12 pm ET.