Patriot Battery Metals Inc. on a flow-through shares offering

Our Montréal office advised Patriot Battery Metals Inc. on a charity flow-through shares offering on a private placement basis for gross proceeds of approximately C$75 million. A portion of the common shares issued in this primary flow-through shares offering were converted to Chess Depositary Interests for trading in Australia on the Australia Securities Exchange. The subscribers in the primary flow-through offering then sold the entirety of the acquired common shares and Chess Depositary Interests to institutional, professional and sophisticated investors in various jurisdictions, including Canada, Australia, and the United States.

The offering was one of the largest charity flow-through shares offerings in Canadian history.