Patriot Battery Metals Announces Grant of Incentive Equity Compensation
30 Juni 2023 - 5:16AM
Patriot Battery Metals Inc. (the “Company” or “Patriot”)
(TSX-V: PMET | ASX: PMT | OTCQX: PMETF | FSE: R9GA) has
agreed to issue an aggregate of 48,002 restricted share units (the
“RSUs”), and 48,002 performance share units (the “PSUs”) have also
been granted to employees and consultants of the Company. All were
granted in accordance with the Company’s Omnibus Equity Incentive
Plan.
100% of the RSUs will vest on the date which is
three years from their date of grant. Up to 72,003 common shares
are issuable pursuant to the vesting of the PSUs upon the
achievement of certain performance milestones by the Company.
About Patriot Battery Metals
Inc.Patriot Battery Metals Inc. is a hard-rock lithium
exploration company focused on advancing its district-scale
100%-owned Corvette Property located in the Eeyou Istchee James Bay
region of Quebec, Canada. The Corvette Property is one of the
largest and highest-grade hard rock lithium projects being
explored, with over 50 kilometres of strike length over a
214-square-kilometre land package and more than 70 lithium bearing
pegmatite outcrops identified to date.
The Corvette Property is situated proximal to
the all-weather Trans Taiga Road and Hydro-Québec power line
infrastructure in the Eeyou Istchee James Bay region of
Quebec. The Property hosts significant lithium potential
highlighted by the CV5 Pegmatite, which has been traced by drilling
over a strike length of at least 3.7 km with spodumene pegmatite
encountered as deep as 425 m vertical depth.
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.sedar.com and www.asx.com.au,
for available exploration data.
This news release has been approved by the Board of Directors,
“BLAIR
WAY” Blair
Way, President, CEO, & Director
Disclaimer for Forward-Looking
InformationThis news release contains forward-looking
statements and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
“will”, “may”, “should”, “anticipate”, “expects” and similar
expressions. All statements other than statements of historical
fact, included in this news release are forward-looking statements
that involve risks and uncertainties, including without limitation
statements with respect to potential continuity of pegmatite
bodies. There can be no assurance that such statements will prove
to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from
the Company’s expectations include the results of further
exploration and testing, and other risks detailed from time to time
in the filings made by the Company with securities regulators,
available at www.sedar.com and www.asx.com.au. The reader is
cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of the Company. The reader is cautioned not to place undue
reliance on any forward-looking information. Such information,
although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. The forward-looking statements
contained in this news release are made as of the date of this news
release and the Company will update or revise publicly any of the
included forward-looking statements as expressly required by
applicable law.
No securities regulatory authority or stock exchange has
reviewed nor accepts responsibility for the adequacy or accuracy of
the content of this news release.
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