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BLAIR WAY TO RETIRE FROM HIS ROLE AS CHIEF OPERATING OFFICER

Core Viewpoint - Patriot Battery Metals Inc. announces the retirement of Chief Operating Officer Blair Way, effective June 30, 2024, while he will continue to serve as a Non-Executive Director and provide advisory services during the transition period [1][2]. Company Leadership Changes - Blair Way has played a significant role in the company's growth, leading it from a market cap of under $10 million in late 2020 to a leading position in lithium raw materials development globally [2]. - Ken Brinsden, President and CEO, expressed gratitude for Way's contributions and leadership during challenging times [2][3]. - John Drapack has been appointed as Director of Studies, bringing over 30 years of experience in mining and mineral processing, while Cathryn Moffett has been appointed as Director of Environment, with over 15 years of experience in Environmental and Social Impact Assessments [3]. Project Development - The CV Lithium Trend, discovered in 2017, spans over 50 kilometers across the Corvette Property, with the CV5 Spodumene Pegmatite hosting a maiden Mineral Resource estimate of 109.2 million tonnes at 1.42% Li2O Inferred [4][9]. - Eight distinct clusters of lithium pegmatite have been identified on the Corvette Property, indicating potential for larger subsurface deposits [5]. Resource Estimates - The CV5 Mineral Resource Estimate is reported at a cut-off grade of 0.40% Li2O, with an effective date of June 25, 2023, and is noted as the largest lithium pegmatite resource in the Americas based on contained lithium carbonate equivalent [10].