Patriot Battery Metals

The lithium market has been in a severe bear market. Delays in major projects like Zijin Mining's 3Q Project could roughly balance the market from 2026 to 2028. Booming EV and BESS sales, if they continue, could cause large lithium deficits from 2029 onwards. Strong lithium demand and potential deficits set up a favorable scenario for patient investors in quality junior lithium miners over the next 5-7 years.» Mehr auf seekingalpha.com

Highlights The 2025 winter drill program at the Shaakichiuwaanaan Property is well underway, targeting a minimum of 15,000 m over the January to April period. The winter drill program has three primary objectives: Extend the high-grade Vega Zone (CV13 Pegmatite) westward along an interpreted structural corridor toward the CV12 Pegmatite, Test the highly prospective CV5 to CV13 pegmatite corridor, and Complete condemnation drilling at two proposed waste rock pile locations in support of the ongoing Feasibility Study at the CV5 Pegmatite.» Mehr auf prnewswire.com

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 million 1 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.» Mehr auf prnewswire.com