Good News & Bad News, page-30607

July 10, 2023 – Sydney, Australia
Madeleine Green
Principal Adviser, Listings Compliance (Perth)
Level 40, Central Park
152-158 St George’s Terrace
Perth WA 6000
Dear Madeleine,
Patriot Battery Metals Inc. – Request for Trading Halt
Patriot Battery Metals Inc. (TSX-V: PMET; ASX: PMT; OTCQX: PMETF; FSE: R9GA) (the “Company” or
“Patriot” requests an immediate halt in the trading of its securities pending an announcement regarding
the following:
(1) to finalise assay results from the winter 2023 drilling program at the Corvette Property;
(2) to provide a response in relation to the AFR article titled "Pilbara weighs tilt at Patriot Battery
Metals, RBC hired" published 9 July 2023; and
(3) to provide a response in accordance with ASIC Information Sheet 255 (Activist short selling
campaigns in Australia) in relation to a short selling report released on 7 July 2023 following a
request from ASX.
The Company cautions investorsthat the short selling report contains a number of claims that are
wrong and misleading and further contain substantial factual inaccuracies.
The Company requests that the trading halt remain in place until the earlier of commencement of normal
trading on Wednesday, July 12, 2023 or when the anticipated announcement is released to the market.
The Company is not aware of any reason why the trading halt should not be granted or of any other
information necessary to inform the market about the trading halt.