Results of Annual General Meeting of Shareholders By Investing.com



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VANCOUVER, BC, Sept. 17, 2024 /PRNewswire/ – September 18, 2024Sydney, Australia

Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA)  is pleased to announce results of voting at its Annual General Shareholder Meeting held on Tuesday, September 17, 2024, at 4pm (Eastern Time) in Montreal, Quebec, Canada (the “Meeting”).

All matters submitted to shareholders for approval as set out in the Company’s Notice of Annual General Meeting of Shareholders and Information Circular (the “Circular“),  dated  August  5,  2024,  were  approved by the requisite majority of votes cast at the Meeting.

A total of 49,735,927 common shares were voted at  the Meeting, representing approximately 35.237% of the total issued and outstanding common shares of the Company as of the record date of the Meeting.

As required under ASX Listing Rule 3.13.2, we advise details of resolutions passed, the proxies received and the total number of votes cast for each resolution as set out at Appendix 1, which includes detailed voting results for the election of each director nominated in the Company’s Circular.

A report with the final results on all matters voted on at the Meeting will also be filed on SEDAR+ under Patriot’s  profile at  www.sedarplus.ca.

About Patriot Battery Metals Inc.

Patriot Battery Metals Inc. is a hard-rock lithium exploration company focused on advancing its district- scale  100%  owned Shaakichiuwaanaan  Property  (formerly  known  as  Corvette)  located  in  the  Eeyou  Istchee James Bay  region  of  Quebec, Canada, which is  accessible year-round  by  all-season road and  is  proximal  to regional powerline infrastructure. The Shaakichiuwaanaan Mineral Resource1, which includes the CV5 & CV13 spodumene pegmatites, totals 80.1  Mt at 1.44%  Li2O Indicated, and 62.5  Mt at 1.31% Li2O Inferred, and ranks as the largest lithium pegmatite resource in the Americas, and the 8th  largest lithium pegmatite resource in the world. Additionally, the Shaakichiuwaanaan Property hosts multiple other spodumene pegmatite  clusters  that  remain  to  be  drill tested,  as  well  as  significant  areas  of  prospective  trend  that  remain to be assessed.

1 Shaakichiuwaanaan (CV5 & CV13) Mineral Resource Estimate (80.1 Mt at 1.44% Li2O and 163 ppm Ta2O5  Indicated, and 62.5  Mt at  1.31% Li2O and 147 ppm  Ta2O5  ppm Inferred)  is reported  at a cut-off  grade of  0.40% Li2O (open-pit), 0.60% Li2O (underground CV5), and 0.80% Li2O (underground CV13) with an Effective Date of August 21, 2024 (through drill hole CV24-526). Mineral resources are not mineral reserves as they do not have demonstrated economic viability.

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.sedarplus.ca and www.asx.com.au, for available exploration data.

This  news  release  has  been  approved by  the  Board  of  Directors.

KEN  BRINSDEN

Kenneth  Brinsden, President, CEO, & Managing Director

Qualified/Competent  Person

The technical information in this news release is based on, and fairly represents, information from the report titled “NI 43-101 Technical Report, Preliminary Economic Assessment for  the Shaakichiuwaanaan Project, James  Bay  Region,  Québec, Canada”  with  an  Issue  Date  of  September  12,  2024,  and  Effective  Date  of  August 21,  2024  reviewed  and  approved  by  Mr.  Darren L.  Smith,  M.Sc.,  P.Geo.,  who  is  a  Qualified  Person as  defined by  National Instrument 43-101 “ Standards of Disclosure for Mineral Projects, and member in good standing with the  Ordre des Géologues du Québec  (Geologist Permit number 01968), and with the Association of Professional Engineers and Geoscientists of Alberta (member number 87868).

Mr. Smith is Vice President of Exploration for Patriot Battery Metals Inc. and holds common shares and options in the Company.

Mr. Smith has sufficient experience, which is relevant to the style of mineralization, type of deposit under consideration, and to the activities being undertaken to qualify as a Competent Person as described by the  Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr. Smith consents to the inclusion in  this news release of the matters in the form and context in which they appear.

APPENDIX  1  “  Results of  Annual  General Meeting  of  Shareholders.

Resolution

Resolution
Result

Number  of  votes  cast in  Meeting

Instructions  given to  validly  appointed  proxies

For

Against

Withheld/Abstain

For

Against

Withheld/Abstain

Discretion

1a  Election  of  Director  –
  Pierre Boivin

Pass

43,256,149

95.60%

N/A

1,992,860

4.404%

43,256,149

95.60%

N/A

1,992,860

4.40%

1b  Election  of  Director –

44,024,359

N/A

1,224,650

44,024,359

N/A

1,224,650

Brian Jennings

Pass

97.29  %

2.71  %

97.29  %

2.71  %

1c  Election  of  Director –

44,173,979

N/A

1,075,030

44,173,979

N/A

1,075,030

Ken Brinsden

Pass

97.62  %

2.38  %

97.62  %

2.38  %

1d  Election  of  Director –

43,336,514

N/A

1,912,495

43,336,514

N/A

1,912,495

David  Blair  Way

Pass

95.77  %

4.23  %

95.77  %

4.23  %

1e  Election  of  Director –

42,978,599

N/A

2,270,410

42,978,599

N/A

2,270,410

Mélissa Desrochers

Pass

94.98  %

5.02  %

94.98  %

5.02  %

2.  Appointment of  Auditor

Pass

49,651,546

N/A

66,064

49,651,546

N/A

66,064

99.87  %

0.13  %

99.87  %

0.13  %

3.  Ratification  of  previous

issuance of Shares under the Flow-Through  Financing

Pass

34,004,868

94.79 %

140,496

0.39 %

1,728,248

4.82  %

34,004,868

94.79  %

140,496

0.32  %

1,728,248

4.82  %

Placement

4.  Ratification  of  previous

issuance  of  Shares  for

Pass

45,160,720

63,882

24,407

45,160,720

63,882

24,407

acquisition  of  blocks  at  the

99.81  %

0.14  %

0.05  %

99.81  %

0.14  %

0.05  %

Eastmain  Project

5.  Ratification  of  previous
issuance of Shares for

Pass

45,010,275

64,327

24,407

45,010,275

64,327

24,407

acquisition  of  JBN-57  claim

99.80  %

0.14  %

0.05  %

99.80  %

0.14  %

0.05  %

block

6.  Approval  to  issue FY24

38,804,897

2,757,072

9,653

38,804,897

2,757,072

9,653

Options  and DSUs  to Ken

Pass

93.35  %

6.63  %

0.02  %

93.35  %

6.63  %

0.02  %

Brinsden

7.  Approval  to  issue FY24

28,196,818

13,365,152

9,653

28,196,818

13,365,152

9,653

Options  and  DSUs  to Pierre

Pass

67.83  %

32.15  %

0.02  %

67.83  %

32.15  %

0.02  %

Boivin

8.  Approval to issue FY24 Options  and  DSUs  to  Mélissa Desrochers

Pass

28,197,082

67.83%

13,364,888

32.15%

9,653

0.02%

28,197,082

67.83%

13,364,888

32.15%

9,653

0.02%

9.  Approval  to  issue FY24

DSUs  to  Brian  Jennings

Pass

38,628,852

92.92%

2,933,118

7.06%

9,653

0.02%

38,628,852

92.92%

2,933,118

7.06%

9,653

0.02%

10.  Approval  to  issue DSUs to  non-executive  Directors for FY25

Pass

38,633,556

92.93%

2,927,964

7.04%

10,103

0.02%

38,633,556

92.93%

2,927,964

7.04%

10,103

0.02%

11.  Approval  to  issue  Salary Sacrifice DSUs to non-

executive  Directors  for  FY25

Pass

38,698,451

93.09%

2,862,228

6.89%

10,944

0.03%

38,698,451

93.09%

2,862,228

6.89%

10,944

0.03%

12.  Approval  to  issue RSUs and PSUs to Ken Brinsden for FY25

Pass

38,351,700

92.255%

3,210,269

7.72%

9,653

0.02%

38,351,700

92.26%

3,210,269

7.72%

9,653

0.02%

 


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