- Common shares of Patriot Battery Metals (PMET) have commenced trading on the ASX under the ticker PMT
- The company’s shares will be settled in the form of CHESS Depositary Interests (‘CDIs’)
- The company raised A$4,200,000 pursuant to the offer by issuing 7,000,000 CDIs
- Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals
- Patriot Battery Metals Inc. (PMET) opened trading at C$8.54
Common shares of Patriot Battery Metals (PMET) have commenced trading on the ASX under the ticker PMT.
The company’s shares will be settled in the form of CHESS Depositary Interests (‘CDIs’) at a ratio of 10 CDIs to 1 share.
The company raised A$4,200,000 pursuant to the offer by issuing 7,000,000 CDIs at an issue price of A$0.60 per CDI.
Blair Way, Company President, CEO and Director, commented on the news.
“It is great to be trading on the ASX. With the ASX listing blackout behind us, I look forward to getting back to our normal news flow and providing progress updates and assay results. Commencing trading on the ASX is a major milestone for the company, and I appreciate the significant efforts of our team to make this happen.”
The company will receive a backlog of assay results, with further announcements expected over the coming weeks.
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 per cent owned Corvette Property, located in the James Bay Region of Québec.
Patriot Battery Metals Inc. (PMET) opened trading at C$8.54.