Patriot Battery Metals (CSE: PMET) is evidently on a slow roll to the big boards. The firm this morning announced it has received conditional approval to move its public listing to the TSX Venture.
The move is currently viewed as being conditional, with certain undisclosed standard and customary conditions to be met by the company. A timeline was not provided for how long it is expected to take for these conditions to be met, nor for when the company currently expects to complete the uplisting.
Patriot Battery did however indicate that it expects to remain trading under the symbol “PMET” following the move the Venture. The company at the same time will delist from the from the CSE.
The announcement follows yesterdays news that the company has intersected spodumene pegmatite in all nine holes conducted to date under its summer drill program. The current program is expected to consist of a 15,000 metres in aggregate of drilling, which will focus largely on infill and step out drilling at its flagship Corvette Property, found in Quebec.
Patriot Battery Metals last traded at $2.71 on the CSE.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
