Patriot Battery Metals Announces Proposed Name Change to PMET RESOURCES
The Company will retain its existing trading symbols: "PMET" on the
The name change and corporate rebranding marks the next evolution of the Company as development of the world-class
The evolution of the Company's brand to PMET Resources is consistent with its growth as a diversified global critical minerals company, focused on becoming a reliable long-term supplier of critical minerals to key North American and European markets.
In line with this shift, the Company's tagline will evolve from "
The Company's President, CEO and Managing Director
"The evolution of Patriot into PMET comes at the right time for our company and the
"PMET RESOURCES, with our new logo and, importantly, website at pmet.ca, provides a fresh, effective and seamless platform to communicate with all of our key stakeholders."
Effective at the start of trading on
About
For further information, please contact us at info@patriotbatterymetals.com or by calling +1 (604) 279-8709, or visit www.patriotbatterymetals.com. Please also refer to the Company's continuous disclosure filings, available under its profile at www.sedarplus.ca and www.asx.com.au, for available exploration data.
This news release has been approved by
"
Qualified/Competent Person
The technical and scientific information in this news release that relates to the Shaakichiuwaanaan Property is based on, and fairly represents, information compiled by Mr.
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1
Determination based on Mineral Resource data, sourced through |
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2
The Consolidated MRE cut-off grade is variable depending on the mining method and pegmatite (0.40% Li2O open-pit, 0.60% Li2O underground CV5, and 0.70% Li2O underground CV13). A grade constraint of 0.50% Cs2O was used to model the Rigel and |
Disclaimer for Forward-looking Information
This press release contains "forward-looking information" or "forward-looking statements" within the meaning of applicable Securities Laws.
All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as "plan", "development", "growth", "continued", "intentions", "expectations", "strategy", "opportunities", "anticipated", "trends", "potential", "outlook", "ability", "additional", "on track", "prospects", "viability", "estimated", "reaches", "enhancing", "strengthen", "target", "will", "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements in this press release include, but are not limited to, statements concerning: the timing of the name change, the timing of the feasibility study, progress with permitting and stakeholder engagement, and the Company's business strategy.
Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. As such, these risks are not exhaustive; however, they should be considered carefully. If any of these risks or uncertainties materialize, actual results may vary materially from those anticipated in forward-looking statements. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, readers should not place undue reliance on forward-looking statements.
Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Forward-looking statements are also subject to risks and uncertainties facing the Company's business, any of which could have a material adverse effect on the Company's business, financial condition, results of operations and growth prospects. Some of the risks the Company faces and the uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others, the ability to execute on plans relating to the Company's Project, including the timing thereof. In addition, readers should review the detailed risk discussion in the Company's most recent Annual Information Form filed on SEDAR+ for a fuller understanding of the risks and uncertainties that affect the Company's business and operations.
The forward-looking statements contained herein are made only as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. The Company qualifies all of its forward-looking statements by these cautionary statements.
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