Patriot Battery Metals graduates to TSX
Hard-rock lithium exploration company Patriot Battery Metals has received final approval from the TSX to list its common shares, effective upon market opening on Thursday.
The shares will trade under its current symbol ‘PMET’.
The company applied for the graduation from the TSX-V to the TSX with a view to accessing further institutional capital and investors, enhancing the trading liquidity, and increasing the firm’s visibility and reputation as an issuer on a senior exchange.
"This is an important milestone for Patriot, as we heighten our corporate profile and reach a broader range of investors," said CEO and president Ken Brinsden.
"The scale emerging at our Corvette project, presentation of the project description to the CREE and Quebec government, combined with Patriot being one of the very few lithium companies to graduate to the TSX demonstrates our maturing profile."
Patriot owns the district-scale Corvette property, located in the Eeyou Istchee James Bay region of Quebec. Corvette hosts the CV5 spodumene pegmatite with a maiden mineral resource estimate of 109.2-million tonnes at 1.42% lithium oxide inferred and ranks as the biggest lithium pegmatite resource in the Americas based on contained lithium carbonate equivalent, and one of the top 10 largest lithium pegmatite resources in the world.
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