VANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce, that subject to regulatory approval, it has retained the services of Venture Liquidity Providers Inc. ("VLP") to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Company, and Oakstrom Advisors ("Oakstrom") to provide investor relations and strategic communications services to the Company.
The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. ("W.D. Latimer"), in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws, on an ongoing basis. The agreement with VLP may be terminated at any time by the Company or VLP. The Company and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the Company or its securities. The finances and the common shares required for the market-making services are provided by W.D. Latimer. The fees paid by the Company to VLP are for market-making services only.
Oakstrom has been contracted to provide comprehensive investor relations and strategic communications services for an initial 12-month term which may be extended by mutual agreement. The Company has had no prior relationship with Oakstrom and Oakstrom does not currently own or control, directly or indirectly, any securities of the Company. The arrangements with Oakstrom and VLP are for monthly fees of $15,000 and $5,000 respectively, and are subject to acceptance by the TSX Venture Exchange.
About VLP and Oakstrom Advisors
VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.
Oakstrom Advisors is a leading international consultancy based in Toronto and focused on the delivery of investor relations, strategic communications and capital markets outreach services. Founded in 2014, Oakstrom has helped clients from a broad cross section of industries navigate the nuances and complexities of capital markets communications by leveraging the collective experience of its seasoned practitioners to provide bespoke solutions for its clients.
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 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 with over 70 lithium bearing pegmatite outcrops identified to date.
The Corvette Property, located 15 km from all-weather Trans Tiaga road and 15 km from Quebec hydro power lines in the James Bay Region of Québec. The Property hosts significant lithium potential highlighted by the CV5 principal pegmatite body which has been traced by drilling over a strike length of at least 3.15 km, with spodumene-bearing pegmatite encountered down to a vertical depth of approximately 315 metres.
For further information, please contact:
Tel: +1 (604) 279-8709
Email: info@patriotbatterymetals.com
www.patriotbatterymetals.com
Please also refer to the Company's continuous disclosure filings, available under its profile at www.sedar.com, 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 Information
This 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. 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. 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.
