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, 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. 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, 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 /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

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

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

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. 11, 2024 /CNW/ - 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.

VANCOUVER, BC, Dec. 11, 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.

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.

VANCOUVER, BC, Dec. 4, 2024 /CNW/ - December 05, 2024 – Sydney, Australia

Highlights

307 g sample of marketable, on-specification, battery-grade lithium hydroxide monohydrate product produced from the CV5 Spodumene Pegmatite.The CV5 Pegmatite Deposit forms the cornerstone of the Company's Shaakichiuwaanaan Lithium Project in Canada, representing the bulk of the consolidated Mineral Resource Estimate1 of 80.1 Mt at 1.44% Li2O Indicated and 62.5 Mt at 1.31% Li2O Inferred.No impurities of concern present.Testwork completed as a successful "proof-of-concept" to demonstrate that a high-quality battery-grade lithium end-product can be produced using representative feed material from CV5.The test sample was produced from spodumene concentrate grading 6.2 % Li2O and 0.6% Fe2O3, produced from a Dense Media Separation ("DMS") pilot plant using drill core samples representing the expected early mine-life at the CV5 Pegmatite.This marks a significant de-risking milestone as Patriot advances CV5 through the stages of development.Sample to be used to further advance and strengthen engagement with potential strategic partners and end-users.

VANCOUVER, BC, Dec. 4, 2024 /PRNewswire/ - December 05, 2024 – Sydney, Australia

Highlights

307 g sample of marketable, on-specification, battery-grade lithium hydroxide monohydrate product produced from the CV5 Spodumene Pegmatite.The CV5 Pegmatite Deposit forms the cornerstone of the Company's Shaakichiuwaanaan Lithium Project in Canada, representing the bulk of the consolidated Mineral Resource Estimate1 of 80.1 Mt at 1.44% Li2O Indicated and 62.5 Mt at 1.31% Li2O Inferred.No impurities of concern present.Testwork completed as a successful "proof-of-concept" to demonstrate that a high-quality battery-grade lithium end-product can be produced using representative feed material from CV5.The test sample was produced from spodumene concentrate grading 6.2 % Li2O and 0.6% Fe2O3, produced from a Dense Media Separation ("DMS") pilot plant using drill core samples representing the expected early mine-life at the CV5 Pegmatite.This marks a significant de-risking milestone as Patriot advances CV5 through the stages of development.Sample to be used to further advance and strengthen engagement with potential strategic partners and end-users.

VANCOUVER, BC, Dec. 5, 2024 /PRNewswire/ -- December 05, 2024 – Sydney, Australia

Highlights

307 g sample of marketable, on-specification, battery-grade lithium hydroxide monohydrate product produced from the CV5 Spodumene Pegmatite.The CV5 Pegmatite Deposit forms the cornerstone of the Company's Shaakichiuwaanaan Lithium Project in Canada, representing the bulk of the consolidated Mineral Resource Estimate1 of 80.1 Mt at 1.44% Li2O Indicated and 62.5 Mt at 1.31% Li2O Inferred.No impurities of concern present.Testwork completed as a successful "proof-of-concept" to demonstrate that a high-quality battery-grade lithium end-product can be produced using representative feed material from CV5.The test sample was produced from spodumene concentrate grading 6.2 % Li2O and 0.6% Fe2O3, produced from a Dense Media Separation ("DMS") pilot plant using drill core samples representing the expected early mine-life at the CV5 Pegmatite.This marks a significant de-risking milestone as Patriot advances CV5 through the stages of development.Sample to be used to further advance and strengthen engagement with potential strategic partners and end-users.

High-grade mineralised intercepts including 100.5 m at 1.62% Li2O from in-fill drilling at the cornerstone CV5 Deposit, plus extensive geotechnical and hydrogeological drill programs completed supporting the Feasibility Study

VANCOUVER, BC, Nov. 27, 2024 /PRNewswire/ -- November 27, 2024 – Sydney, Australia

Highlights

Extensive in-fill drilling program successfully completed at the cornerstone CV5 Spodumene Pegmatite Deposit to support the ongoing Feasibility Study.No further in-fill drilling is anticipated to achieve the primary objective of upgrading Inferred Mineral Resources to the Indicated category.Record 65,384 m drilled during summer/fall program, for a total of 128,052 m during calendar 2024, further de-risking and advancing the Project.Wide, well-mineralized, and high-grade pegmatite intercepts from in-fill drilling at CV5.124.5 m at 1.25% Li2O, including 16.5 m at 2.32% Li2O (CV24-613).100.5 m at 1.62% Li2O, including 55.5 m at 2.01% Li2O (CV24-651).77.3 m at 1.66% Li2O, including 17.5 m at 2.16% Li2O (CV24-639).67.2 m at 1.18% Li2O, and 25.8 m at 2.65% Li2O, including 17.6 m at 3.30% Li2O (CV24-661).55.1 m at 1.31% Li2O, including 9.5 m at 2.07% Li2O (CV24-609).44.3 m at 1.47% Li2O and 58.1 m at 1.21% Li2O (CV24-591).48.5 m at 1.85% Li2O, including 8.5 m at 4.86% Li2O (CV24-616).Expansive geotechnical and hydrogeological drill campaigns also now largely complete at CV5 and at proposed infrastructure development sites – 70 holes (1,514 m) completed as part of the summer-fall program.Core assay results are reported in this announcement for 64 in-fill drill holes (22,408 m) at CV5 and 70 geotechnical & hydrogeological drill holes (1,514 m) to support CV5 development and the ongoing Feasibility Study.Results for 98 drill holes (31,513 m) remain to be reported from CV5 – 90 in-fill (29,754 m) and 8 geomechanical (1,759 m).Results for 33 drill holes (9,950 m) remain to be reported from CV13 – focused on extensions of the high-grade Vega Zone.Delivery of Feasibility Study and maiden Ore Reserve Estimate for the CV5 Spodumene Pegmatite remains on schedule for Q3-2025.

High-grade mineralised intercepts including 100.5 m at 1.62% Li2O from in-fill drilling at the cornerstone CV5 Deposit, plus extensive geotechnical and hydrogeological drill programs completed supporting the Feasibility Study

VANCOUVER, BC, Nov. 26, 2024 /CNW/ - November 27, 2024 – Sydney, Australia

Highlights

Extensive in-fill drilling program successfully completed at the cornerstone CV5 Spodumene Pegmatite Deposit to support the ongoing Feasibility Study.No further in-fill drilling is anticipated to achieve the primary objective of upgrading Inferred Mineral Resources to the Indicated category.Record 65,384 m drilled during summer/fall program, for a total of 128,052 m during calendar 2024, further de-risking and advancing the Project.Wide, well-mineralized, and high-grade pegmatite intercepts from in-fill drilling at CV5.124.5 m at 1.25% Li2O, including 16.5 m at 2.32% Li2O (CV24-613).100.5 m at 1.62% Li2O, including 55.5 m at 2.01% Li2O (CV24-651).77.3 m at 1.66% Li2O, including 17.5 m at 2.16% Li2O (CV24-639).67.2 m at 1.18% Li2O, and 25.8 m at 2.65% Li2O, including 17.6 m at 3.30% Li2O (CV24-661).55.1 m at 1.31% Li2O, including 9.5 m at 2.07% Li2O (CV24-609).44.3 m at 1.47% Li2O and 58.1 m at 1.21% Li2O (CV24-591).48.5 m at 1.85% Li2O, including 8.5 m at 4.86% Li2O (CV24-616).Expansive geotechnical and hydrogeological drill campaigns also now largely complete at CV5 and at proposed infrastructure development sites – 70 holes (1,514 m) completed as part of the summer-fall program.Core assay results are reported in this announcement for 64 in-fill drill holes (22,408 m) at CV5 and 70 geotechnical & hydrogeological drill holes (1,514 m) to support CV5 development and the ongoing Feasibility Study.Results for 98 drill holes (31,513 m) remain to be reported from CV5 – 90 in-fill (29,754 m) and 8 geomechanical (1,759 m).Results for 33 drill holes (9,950 m) remain to be reported from CV13 – focused on extensions of the high-grade Vega Zone.Delivery of Feasibility Study and maiden Ore Reserve Estimate for the CV5 Spodumene Pegmatite remains on schedule for Q3-2025.

High-grade mineralised intercepts including 100.5 m at 1.62% Li2O from in-fill drilling at the cornerstone CV5 Deposit, plus extensive geotechnical and hydrogeological drill programs completed supporting the Feasibility Study

VANCOUVER, BC, Nov. 26, 2024 /PRNewswire/ - November 27, 2024 – Sydney, Australia

Highlights

Extensive in-fill drilling program successfully completed at the cornerstone CV5 Spodumene Pegmatite Deposit to support the ongoing Feasibility Study.No further in-fill drilling is anticipated to achieve the primary objective of upgrading Inferred Mineral Resources to the Indicated category.Record 65,384 m drilled during summer/fall program, for a total of 128,052 m during calendar 2024, further de-risking and advancing the Project.Wide, well-mineralized, and high-grade pegmatite intercepts from in-fill drilling at CV5.124.5 m at 1.25% Li2O, including 16.5 m at 2.32% Li2O (CV24-613).100.5 m at 1.62% Li2O, including 55.5 m at 2.01% Li2O (CV24-651).77.3 m at 1.66% Li2O, including 17.5 m at 2.16% Li2O (CV24-639).67.2 m at 1.18% Li2O, and 25.8 m at 2.65% Li2O, including 17.6 m at 3.30% Li2O (CV24-661).55.1 m at 1.31% Li2O, including 9.5 m at 2.07% Li2O (CV24-609).44.3 m at 1.47% Li2O and 58.1 m at 1.21% Li2O (CV24-591).48.5 m at 1.85% Li2O, including 8.5 m at 4.86% Li2O (CV24-616).Expansive geotechnical and hydrogeological drill campaigns also now largely complete at CV5 and at proposed infrastructure development sites – 70 holes (1,514 m) completed as part of the summer-fall program.Core assay results are reported in this announcement for 64 in-fill drill holes (22,408 m) at CV5 and 70 geotechnical & hydrogeological drill holes (1,514 m) to support CV5 development and the ongoing Feasibility Study.Results for 98 drill holes (31,513 m) remain to be reported from CV5 – 90 in-fill (29,754 m) and 8 geomechanical (1,759 m).Results for 33 drill holes (9,950 m) remain to be reported from CV13 – focused on extensions of the high-grade Vega Zone.Delivery of Feasibility Study and maiden Ore Reserve Estimate for the CV5 Spodumene Pegmatite remains on schedule for Q3-2025.

VANCOUVER, BC , Nov. 26, 2024 /PRNewswire/ - November 27, 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 tomorrow, 27 November 2024, to provide shareholders and investors with an update on recent exploration and development activities at the Shaakichiuwaanaan Lithium Project in Quebec, Canada.

VANCOUVER, BC , Nov. 26, 2024 /PRNewswire/ -- November 27, 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 tomorrow, 27 November 2024, to provide shareholders and investors with an update on recent exploration and development activities at the Shaakichiuwaanaan Lithium Project in Quebec, Canada.