CRR 0.00% 0.9¢ critical resources limited

Ann: Appointment of Experienced Lithium Executive MD, page-54

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    PLS BMX Auction

    Pilbara Minerals intends to accept the highest bid of US$6,988/dmt (SC5.5, FOB PortHedland basis) which on a pro rata basis for lithia content (and adjusted to be inclusive offreight costs) equates to a price of ~US$7,708/dmt (SC6.0, CIF China basis).
    News was released after market closed
    Lithium is still trending up

    5.5% US$ 6,988 (~US$7,708 SC 6.0 basis)Previous result was: 5.5% US$6,350 (~US$7,012 SC 6.0 basis)

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    I believe that we will go into production quickly, faster than big projects like AVZ or similar. It is just completely manageable our area, easy to plan mining and costs of production can be easily calculated, there are no nasty surprises, also the size of the resource is not of global or national importance, so we will go into production quietly without being stopped by manipulations or governments.Small and fine, that is our strength at CRR. Look at this, all the people who used to work at Pilbara and its current success have now all moved to Canada to take their skills back to success. We have a very strong neighbour in Quebec with CRR at Patriot Battery Metals who have a very large resource of national importance, the people all know each other from Australia and are now doing the same thing in Canada, but all 5 years back, everything is just starting in Canada, the rates are still very cheap today, but look 5 years into the future and you can see the golden future today at Pilbara, the same will be in Canada in 5 years.Very good time for us, just hold the shares for 5 years and you will get rich.
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    our manager jr. Cheesman was already working in Australia with the people who are now also in Canada next to us, just brilliant
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    At Altura Mining, Mr Cheeseman held a key role in the delivery of the Altura lithium mine and processing plant, commencing at the start of bulk earthworks in early 2017, through to declaration of commercial production in 2019.Mr Cheeseman became responsible for marketing and export logistics, developing and extensive network throughout the lithium supply chain. During a challenging period for the lithium industry, he worked alongside the Chief Executive Officers' of Pilbara Minerals and Galaxy Resources to lobby and be awarded royalty relief form the Western Australian state Government

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    VANCOUVER, British Columbia, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (OTCQB: PMETF) (FSE: R9GA) is very pleased to announce that it has appointed highly experienced mining executive and former Managing Director and CEO of Pilbara Minerals Limited, Ken Brinsden, as Non-Executive Chairman and director, effective August 22, 2022.Mr. Brinsden is a Mining Engineer with approximately 30 years’ experience in surface and underground mining operations.

    Mr. Brinsden joined Pilbara Minerals as Chief Executive Officer in January 2016 and was appointed Managing Director and CEO in May 2016. He led the rapid development of Pilbara Minerals through corporate development, financing, project execution and ongoing production at Pilgangoora such that it has become one of the leading lithium development projects globally and facilitated Pilbara’s entry into the ASX 100. Pilbara Minerals is now an AUD$8B company producing and selling in excess of 580k tons of spodumene concentrate annually, with a developing pipeline of vertically integrated production growth options.
 
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