Ann: Patriot Battery Metals Commences Trading on the ASX, page-398

Investing in Lithium: The Most Significant Discovery in Decades

https://resourcestockdigest.com/mar...um-the-most-significant-discovery-in-decades/

Published Oct 25

Extract:

Gerardo Del Real: There's been some confusion about whether or not there would be any assays released between now and the ASX listing. It was pretty clear to me from our previous conversations that there would not be. Am I incorrect in that?

Blair Way: Yeah, yeah. I've had that same confusion. I've had a few people reaching out to me as well. And yeah, because of the fact we're in a listing process, there's actually a mandatory financing, which is where we have to get a 300 investor distribution here in Australia. So during that financing, just as we did during the flow-through financing that we just closed for C$20 million bucks, we cannot put any material news during a financing. So unfortunately, and it's frustrating, we will have assays flowing in. And what happens is, we tell the lab during this period, "Do not send the results to us, but keep working. Don't stop working.” It's not going to stop the processing. It just means those assays are not sent to us until we're ready. And by the looks of it, with the process laying ahead of us for this ASX listing, the prospectus will be filed shortly. All going to plan, that'll be the end of November.

So, we do have a gap. We're going to have a gap, which I guess to make it clear, there'll be no assays out during this period whilst we're working through the ASX financing. But what it does mean, look out, because as soon as the ASX financing is through, we're going to have another bucket of assays to put out. And then, there'll be another bucket probably after Christmas, or into Christmas and after Christmas as a drill core from the holes that we're just wrapping up now we'll be processed and sent to us.