Patriot to rebrand as PMET Resources, reflecting critical minerals focus
Patriot Battery Metals will change its name to PMET Resources this week, marking what it describes as the next stage in its evolution into a diversified global critical minerals company.
The Toronto- and Sydney-listed firm said on Monday that the rebranding aligned with its strategy to become a long-term supplier of critical minerals to North American and European markets. The company’s new tagline will shift from “North America’s lithium powerhouse” to “North America’s critical-mineral powerhouse”, reflecting the broader resource endowment of its Shaakichiuwaanaan project in Québec. In addition to lithium, the project contains tantalum, caesium and gallium.
“The evolution of Patriot into PMET comes at the right time for our company and the Shaakichiuwaanaan project,” said president, CEO and MD Ken Brinsden. “Our new logo, a three faced crystal, is representative of a mineral, with the three faces each representing the LCT components of our pegmatites: lithium, caesium and tantalum. It also represents the three cultures active on-site and in the company more broadly, namely – the Cree, French and English – collaborating to build Shaakichiuwaanaan into a key supplier of critical minerals to the North American and European markets.”
The name change will take effect on the TSX on Thursday, subject to approval, and on the ASX on Friday. The company will retain its trading symbols, “PMET” in Toronto and “PMT” in Sydney. Shareholders will not be required to exchange certificates, and the change will not affect the rights of securityholders.
Patriot, which controls the Shaakichiuwaanaan property in the Eeyou Istchee James Bay region, is advancing feasibility work and permitting at what it says is the largest lithium pegmatite resource in the Americas. The project also hosts what the company describes as the world’s largest pollucite-hosted caesium resource.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation