PMT 2.68% 57.5¢ patriot battery metals inc.

Ann: Patriot Announces C$75M Flow-Through Financing, page-8

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    Patriot is capitalizing on the current advantageous flow through financing conditions by executing a private placement at $14.54 per share for C$75m at a 51% premium to the Company’s last traded price on the TSX as of May 17, 2024.
    How does the premium get lost in conversion to Aus$ price ?
 
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57.5¢
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54.5¢ 57.5¢ 53.0¢ $3.069M 5.525M

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