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PATRIOT ANNOUNCES CLOSING OF C$69 MILLION STRATEGIC INVESTMENT, OFFTAKE AND STRATEGIC PARTNERSHIP WITH VOLKSWAGEN AND POWERCO

Newswire.ca - Tue Jan 21, 2025

VANCOUVER, BC, Jan. 21, 2025 /CNW/ - January 22, 2025 – Sydney, Australia

Patriot Battery Metals Inc. (the "Company"or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has closed its previously announced private placement for proceeds of C$69 million1 or US$48 million (the "Strategic Investment") to Volkswagen Group ("Volkswagen" or "VW").

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