VANCOUVER, BC, Jan. 21, 2025 /CNW/ - January 22, 2025 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company"or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has closed its previously announced private placement for proceeds of C$69 million1 or US$48 million (the "Strategic Investment") to Volkswagen Group ("Volkswagen" or "VW").

Following the closing of the Strategic Investment, Volkswagen now owns approximately 9.9% of Patriot's issued and outstanding Common Shares on a non-diluted basis.

VANCOUVER, BC, Jan. 21, 2025 /PRNewswire/ - January 22, 2025 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company"or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has closed its previously announced private placement for proceeds of C$69 million1 or US$48 million (the "Strategic Investment") to Volkswagen Group ("Volkswagen" or "VW").

Following the closing of the Strategic Investment, Volkswagen now owns approximately 9.9% of Patriot's issued and outstanding Common Shares on a non-diluted basis.

VANCOUVER, BC, Jan. 22, 2025 /PRNewswire/ -- January 22, 2025 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company"or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has closed its previously announced private placement for proceeds of C$69 million1 or US$48 million (the "Strategic Investment") to Volkswagen Group ("Volkswagen" or "VW").

Following the closing of the Strategic Investment, Volkswagen now owns approximately 9.9% of Patriot's issued and outstanding Common Shares on a non-diluted basis.

VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ -- December 18, 2024 – Sydney, Australia

Europe's largest car manufacturer positions Patriot Battery Metals to become a key future supplier of lithium raw materials for the North American and European battery supply chains.

HIGHLIGHTS

Volkswagen Group, through its holding and financing company, Volkswagen Finance Luxemburg S.A. ("Volkswagen"), will invest ~ C$69 million1 to acquire 9.9% of Patriot's issued and outstanding common shares (the "Common Shares").Subscription price of C$4.42 per share represents a 65% and 35% premium to the 30-day and 90-day volume weighted average price.Binding offtake commitment to be entered into with Volkswagen's 100%-owned vertically integrated battery manufacturer, PowerCo SE ("PowerCo"), to supply 100,000 tonnes of spodumene concentrate (SC5.5 target) per year over a 10-year term, representing ~25% of the estimated Stage 1 or ~12.5% of combined Stage 1 and Stage 2 production from the Shaakichiuwaanaan Lithium Project in Québec, Canada (the "Shaakichiuwaanaan Project").2Offtake expected to supply PowerCo's cell production activities in Europe and North America, including its battery cell factory in St. Thomas, Canada, with production capacity of up to 90 GWh.Memorandum of Understanding ("MoU") signed to establish an ongoing strategic relationship between PowerCo and Patriot to jointly explore and collaborate on shared strategic objectives, including opportunities for the future development of the Shaakichiuwaanaan Project centred around establishing a cost-competitive, sustainable and ESG-compliant battery supply chain that will attract government support and incentives and the potential development of a chemical conversion facility.Following completion of the feasibility study for the Shaakichiuwaanaan Project, Volkswagen may contribute additional financing to support the Shaakichiuwaanaan Project in return for additional offtake on terms to be mutually agreed.

VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ -- December 18, 2024 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to advise that Ken Brinsden, the Company's President, CEO and Managing Director, will host a live investor webinar today, December 18, 2024, following the announcement of an equity investment, off-take and strategic partnership with Volkswagen Group and PowerCo.

Mr Brinsden will discuss the strategic rationale and implications of the transaction for Patriot and its strategy to develop the Shaakichiuwaanaan Lithium Project in Quebec, Canada.

VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ - December 18, 2024 – Sydney, Australia

Europe's largest car manufacturer positions Patriot Battery Metals to become a key future supplier of lithium raw materials for the North American and European battery supply chains.

HIGHLIGHTS

Volkswagen Group, through its holding and financing company, Volkswagen Finance Luxemburg S.A. ("Volkswagen"), will invest ~ C$69 million1 to acquire 9.9% of Patriot's issued and outstanding common shares (the "Common Shares").Subscription price of C$4.42 per share represents a 65% and 35% premium to the 30-day and 90-day volume weighted average price.Binding offtake commitment to be entered into with Volkswagen's 100%-owned vertically integrated battery manufacturer, PowerCo SE ("PowerCo"), to supply 100,000 tonnes of spodumene concentrate (SC5.5 target) per year over a 10-year term, representing ~25% of the estimated Stage 1 or ~12.5% of combined Stage 1 and Stage 2 production from the Shaakichiuwaanaan Lithium Project in Québec, Canada (the "Shaakichiuwaanaan Project").2Offtake expected to supply PowerCo's cell production activities in Europe and North America, including its battery cell factory in St. Thomas, Canada, with production capacity of up to 90 GWh.Memorandum of Understanding ("MoU") signed to establish an ongoing strategic relationship between PowerCo and Patriot to jointly explore and collaborate on shared strategic objectives, including opportunities for the future development of the Shaakichiuwaanaan Project centred around establishing a cost-competitive, sustainable and ESG-compliant battery supply chain that will attract government support and incentives and the potential development of a chemical conversion facility.Following completion of the feasibility study for the Shaakichiuwaanaan Project, Volkswagen may contribute additional financing to support the Shaakichiuwaanaan Project in return for additional offtake on terms to be mutually agreed.

VANCOUVER, BC, Dec. 18, 2024 /CNW/ - December 18, 2024 – Sydney, Australia

Europe's largest car manufacturer positions Patriot Battery Metals to become a key future supplier of lithium raw materials for the North American and European battery supply chains.

HIGHLIGHTS

Volkswagen Group, through its holding and financing company, Volkswagen Finance Luxemburg S.A. ("Volkswagen"), will invest ~ C$69 million1 to acquire 9.9% of Patriot's issued and outstanding common shares (the "Common Shares").Subscription price of C$4.42 per share represents a 65% and 35% premium to the 30-day and 90-day volume weighted average price.Binding offtake commitment to be entered into with Volkswagen's 100%-owned vertically integrated battery manufacturer, PowerCo SE ("PowerCo"), to supply 100,000 tonnes of spodumene concentrate (SC5.5 target) per year over a 10-year term, representing ~25% of the estimated Stage 1 or ~12.5% of combined Stage 1 and Stage 2 production from the Shaakichiuwaanaan Lithium Project in Québec, Canada (the "Shaakichiuwaanaan Project").2Offtake expected to supply PowerCo's cell production activities in Europe and North America, including its battery cell factory in St. Thomas, Canada, with production capacity of up to 90 GWh.Memorandum of Understanding ("MoU") signed to establish an ongoing strategic relationship between PowerCo and Patriot to jointly explore and collaborate on shared strategic objectives, including opportunities for the future development of the Shaakichiuwaanaan Project centred around establishing a cost-competitive, sustainable and ESG-compliant battery supply chain that will attract government support and incentives and the potential development of a chemical conversion facility.Following completion of the feasibility study for the Shaakichiuwaanaan Project, Volkswagen may contribute additional financing to support the Shaakichiuwaanaan Project in return for additional offtake on terms to be mutually agreed.

VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ - December 18, 2024 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to advise that Ken Brinsden, the Company's President, CEO and Managing Director, will host a live investor webinar today, December 18, 2024, following the announcement of an equity investment, off-take and strategic partnership with Volkswagen Group and PowerCo.

Mr Brinsden will discuss the strategic rationale and implications of the transaction for Patriot and its strategy to develop the Shaakichiuwaanaan Lithium Project in Quebec, Canada.

VANCOUVER, BC, Dec. 18, 2024 /CNW/ - December 18, 2024 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to advise that Ken Brinsden, the Company's President, CEO and Managing Director, will host a live investor webinar today, December 18, 2024, following the announcement of an equity investment, off-take and strategic partnership with Volkswagen Group and PowerCo.

Mr Brinsden will discuss the strategic rationale and implications of the transaction for Patriot and its strategy to develop the Shaakichiuwaanaan Lithium Project in Quebec, Canada.

VANCOUVER, BC, Dec. 12, 2024 /PRNewswire/ -- December 12, 2024 – Sydney, Australia

HighlightsRecent drilling significantly expands the high-grade Vega Zone at CV13:31.2 m at 3.35% Li2O, including 4.7 m at 5.37% Li2O (CV24-747).31.8 m at 2.07% Li2O, including 11.7 m at 3.47% Li2O (CV24-773).Includes a 0.9 m sample at 7.11% Li2O, the highest-grade core sample collected from the Property to date.35.7 m at 1.65% Li2O, including 28.3 m at 2.05% Li2O (CV24-582).33.0 m at 2.02% Li2O, including 4.6 m at 4.19% Li2O (CV24-754).29.2 m at 2.05% Li2O, including 14.3 m at 3.09% Li2O (CV24-761).Vega Zone remains open in multiple directions.The Vega Zone is coincident with an interpreted structural corridor extending for approximately 3.3 km along strike to the CV12 Spodumene Pegmatite – a highly prospective corridor that remains to be drill tested.This association significantly enhances the prospectivity between CV13 and CV12.Mineralization continues to be characterized by very large spodumene crystals.Results for all drill holes completed at the CV13 Spodumene Pegmatite during the 2024 winter program are reported in this announcement – 33 holes totaling 9,950 m – with all holes completed outside the 2024 Mineral Resource Estimate or at its margin.