Accessibility StatementSkip Navigation PMET Resources President and CEO Ken Brinsden to host an investor call MONTREAL and SYDNEY, Oct. 20, 2025 /PRNewswire/ - PMET Resources Inc. (the "Company" or "PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA)Â is pleased to advise that it will host a live investor teleconference and webcast to discuss the results of the lithium-only Feasibility Study for the Shaakichiuwaanaan Project on Tuesday, 21 October, commencing at 8.00am AWST / 11.00am AEDT Australian ti ...

Core Viewpoint - Patriot Battery Metals Inc. is rebranding to PMET Resources Inc. to reflect its evolution into a diversified global critical minerals company, focusing on supplying critical minerals to North American and European markets [2][3][4]. Company Name Change - The company will change its name to PMET Resources Inc. in English and « Ressources PMET Inc. » in French, while retaining existing trading symbols on the Toronto Stock Exchange and Australian Securities Exchange [1][4]. Project Development - The Shaakichiuwaanaan Project in Canada is advancing with the imminent completion of the Feasibility Study and ongoing progress in permitting and stakeholder engagement [2][4]. Brand Evolution - The new tagline will shift from "North America's lithium powerhouse" to "North America's critical-mineral powerhouse," highlighting the project's broader mineral resources, including tantalum, caesium, and gallium [3][4]. Mineral Resource Details - The Shaakichiuwaanaan Project hosts the world's largest pollucite-hosted caesium pegmatite Mineral Resource, with 0.69 million tonnes at 4.40% Cs2O (Indicated) and 1.70 million tonnes at 2.40% Cs2O (Inferred) [5]. - The project also has a Consolidated Mineral Resource totaling 108.0 million tonnes at 1.40% Li2O, 0.11% Cs2O, 166 ppm Ta2O5, and 66 ppm Ga (Indicated), and 33.4 million tonnes at 1.33% Li2O, 0.21% Cs2O, 155 ppm Ta2O5, and 65 ppm Ga (Inferred) [5]. Leadership Statement - The President and CEO, Ken Brinsden, emphasized the timing of the rebranding and the new logo, which symbolizes the mineral components and the collaboration of the three cultures involved in the project [4]. Trading and Compliance - The name change will take effect on September 18, 2025, on the Toronto Stock Exchange and September 19, 2025, on the Australian Securities Exchange, with no consolidation of share capital required from shareholders [4].

Core Viewpoint - The permitting process for the Shaakichiuwaanaan Lithium Project is progressing well, with both federal and provincial assessments running in parallel, aiming to streamline approvals and minimize duplication [1][5][6]. Group 1: Project Overview - The Shaakichiuwaanaan Property is located in the Eeyou Istchee James Bay region of Quebec and is accessible year-round by all-season road, situated approximately 14 km from a major hydroelectric powerline corridor [2][13]. - The project hosts significant mineral resources, including the world's largest pollucite-hosted caesium pegmatite and ranks as the largest lithium pegmatite resource in the Americas [13][16]. Group 2: Permitting Process - The Initial Project Description for the Shaakichiuwaanaan Lithium Project was submitted to the Impact Assessment Agency of Canada (IAAC) in February 2025, marking the formal initiation of the federal permitting process [3]. - The IAAC has issued Tailored Impact Statement Guidelines and a detailed Permitting Plan, indicating the formal commencement of the federal impact assessment phase [4][6]. - The provincial Environmental and Social Impact Assessment (ESIA) submissions are on track for late 2025, with the federal ESIA to follow shortly thereafter [6][9]. Group 3: Engagement and Collaboration - The company has engaged constructively with federal and provincial authorities, including the Cree Nation Government, to ensure a timely approval process [1][4][7]. - The company intends to maintain close contact with key government agencies and the Cree to facilitate the permitting process [7].

Core Viewpoint - Patriot Battery Metals Inc. announced a maiden Mineral Resource Estimate for caesium at the Rigel and Vega zones of its Shaakichiuwaanaan Property, highlighting the significance of this discovery and its implications for the company's future projects [1]. Group 1 - The live investor webinar will be hosted by Ken Brinsden, the Company's President, CEO, and Managing Director, to discuss the caesium discovery and provide updates on the lithium-only Definitive Feasibility Study for CV5 Shaakichiuwaanaan [1]. - Investors and shareholders can submit questions during the webinar or in advance via email to the Investor Relations Manager [2]. - The webinar is scheduled for July 22, 2025, at 8:00 AM Australian Western Standard Time, lasting approximately 45 minutes, with registration available online [3].

Core Insights - The company has confirmed the world's largest pollucite-hosted caesium pegmatite deposit at the Shaakichiuwaanaan Project, with a maiden Mineral Resource Estimate (MRE) for the Rigel and Vega zones [4][8][11] - The total contained caesium content is 30.5 kt Cs2O Indicated and 40.8 kt Cs2O Inferred, highlighting the scale and global significance of the discovery [4][8][11] - The caesium resources are included within the CV13 Pegmatite open-pit resource, which forms part of the company's consolidated MRE for the project [4][8][11] Mineral Resource Estimate - Rigel Caesium Zone: Indicated 163,000 t at 10.25% Cs2O, 1.78% Li2O, and 646 ppm Ta2O5 [11] - Vega Caesium Zone: Indicated 530,000 t at 2.61% Cs2O, 2.23% Li2O, and 172 ppm Ta2O5; Inferred 1,698,000 t at 2.40% Cs2O, 1.81% Li2O, and 245 ppm Ta2O5 [11] - The consolidated MRE includes Indicated 108.0 Mt at 1.40% Li2O, 0.11% Cs2O, and Inferred 33.4 Mt at 1.33% Li2O, 0.21% Cs2O [20] Market Potential - Caesium is a high-value, rare, and critical mineral currently supply constrained, with limited sources supplying the global market [4][17] - The discovery has the potential to be a primary source of supply for global markets, including applications in next-generation terrestrial solar panel technologies [4][17] - The market for caesium compounds is largely opaque, trading through bi-lateral contracts, with caesium carbonate currently trading at approximately US$120/kg and refined caesium metal around US$2,540/oz [16][17] Next Steps - The company is evaluating options to advance and incorporate the caesium opportunity at CV13 as a potential additional saleable product following the completion of the lithium-only Feasibility Study on the CV5 Pegmatite [19][21] - A scoping metallurgical program has commenced to test pollucite recovery using conventional X-ray ore sorting methods [21] - The company remains on track to deliver a maiden Ore Reserve and Feasibility Study for lithium at the CV5 Spodumene Pegmatite in CYQ3-2025 [4][22]