Ann: Patriot Battery Metals Commences Trading on the ASX, page-2

Patriot Battery Metals Commences Trading on the ASX

VANCOUVER, British Columbia, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce that the securities of the Company will commence quotation at 12.00 PM Australia Eastern Daylight Time (AEDT) on Wednesday, 7 December 2022.The shares of Patriot Battery Metals will trade under the ticker PMT and will be settled in the form of CHESS Depositary Interests (‘CDIs’) at a ratio of 10 CDIs to 1 share.

The Company raised AUD $4,200,000 pursuant to the offer under its prospectus dated 9 November 2022 by the issue of 7,000,000 CDIs at an issue price of AUD $0.60 per CDI.Blair Way, Company President, CEO and Director, comments: “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 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 be receiving a backlog of assay results, with further announcements expected over the coming weeks.