Board Change • May 20
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Executive Chairman Hugh Warner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Duyuru • May 08
Patriot Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million. Patriot Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: AUD 0.05
Transaction Features: Subsequent Direct Listing Board Change • May 01
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Executive Chairman Hugh Warner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Duyuru • Apr 09
Patriot Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1528 million. Patriot Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.1528 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,056,000
Price\Range: AUD 0.05
Transaction Features: Subsequent Direct Listing Board Change • Dec 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Phil Thick was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Dec 12
Patriot Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.25 million. Patriot Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.0475
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 49,473,684
Price\Range: AUD 0.0475
Transaction Features: Subsequent Direct Listing Duyuru • Oct 01
Patriot Resources Limited, Annual General Meeting, Nov 20, 2025 Patriot Resources Limited, Annual General Meeting, Nov 20, 2025. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Phil Thick was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jul 09
Patriot Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.496269 million. Patriot Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.496269 million.
Security Name: Ordinary Share
Security Type: Common Stock
Securities Offered: 36,604,490
Price\Range: AUD 0.06
Security Features: Attached Options
Security Name: Ordinary Share
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.06
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • May 26
Patriot Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.196269 million. Patriot Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.196269 million.
Security Name: Ordinary Share
Security Type: Common Stock
Securities Offered: 36,604,490
Price\Range: AUD 0.06
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Duyuru • Nov 08
Rapid Lithium Limited (ASX:RLL) agreed to acquire New Energy Metals (US) Inc. from Patriot Lithium Limited (ASX:PAT) for approximately $0.4 million. Rapid Lithium Limited (ASX:RLL) has signed a binding agreement to acquire New Energy Metals (US) Inc. from Patriot Lithium Limited (ASX:PAT) for approximately $0.4 million on November 7, 2024. The deal is subject to approval from the Rapid Lithium Limited (ASX:RLL) shareholders, regulatory approvals, third party approval and due diligence requirements. The consideration for the transaction is 59.3 million of fully paid ordinary shares in Rapid Lithium, that will be subject to voluntary escrow restrictions for a period of 12 months from their date of issue. Duyuru • Oct 02
Patriot Lithium Limited, Annual General Meeting, Nov 28, 2024 Patriot Lithium Limited, Annual General Meeting, Nov 28, 2024. New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.42m market cap, or US$3.06m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (46% increase in shares outstanding). Duyuru • May 01
Patriot Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 2.53975 million. Patriot Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 2.53975 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,138,657
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,724,676
Price\Range: AUD 0.075
Discount Per Security: AUD 0.0045
Transaction Features: Subsequent Direct Listing Board Change • Feb 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Phil Thick was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jan 25
Patriot Lithium Limited, Annual General Meeting, Feb 28, 2024 Patriot Lithium Limited, Annual General Meeting, Feb 28, 2024, at 10:30 W. Australia Standard Time. Location: Suite 6 245 Churchill Avenue Subiaco Western Australia Australia Agenda: To consider ratification of prior issue of shares to gold canyon resource inc and guyana frontier mining corp; and to consider ratification of prior issue of shares to beyond lithium inc. Duyuru • Jan 23
Patriot Lithium Limited (ASX:PAT) acquired Borland Claims located in Ontario, Canada from Beyond Lithium Inc. Patriot Lithium Limited (ASX:PAT) agreed to acquire Borland Claims located in Ontario, Canada from Beyond Lithium Inc. (CNSX:BY) for CAD 2.7 million on January 10, 2024. The company will issue to beyond 1,100,000 fully paid ordinary shares of the company. Additionally, subject to closing occurring the company shall pay beyond a payment of CAD 2.5 million for an initial mineral resource estimate filed or announced by the company declaring any JORC-, N1 41-101- or SK-1300-compliant deposits or orebodies which is exclusively contained in any part of the borland claims exceeding twenty million (20,000,000) metric tonnes of contained Li2O with an average grade equal to 1.0% Li2 O or greater. The completion is subjected to customary due diligence investigations and the purchaser obtaining all necessary security holder approvals to issue the purchase price shares. The transaction is expected to close on or before 19 January 2024, extendable to 31 January 2024.Patriot Lithium Limited (ASX:PAT) completed the acquisition of Borland Claims located in Ontario, Canada from Beyond Lithium Inc. (CNSX:BY) on January 23, 2024. Board Change • Jan 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Phil Thick was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 10
Non- Executive Chairman recently bought AU$78k worth of stock On the 9th of November, Hugh Warner bought around 371k shares on-market at roughly AU$0.21 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Hugh's only on-market trade for the last 12 months. New Risk • Oct 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.7m free cash flow). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.2m market cap, or US$11.6m). Duyuru • Oct 11
Patriot Lithium Limited, Annual General Meeting, Nov 28, 2023 Patriot Lithium Limited, Annual General Meeting, Nov 28, 2023. Board Change • Apr 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Joint Company Secretary & Independent Non-Executive Director Matt Worner was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 09
Patriot Lithium Limited Reports Initial Results of Field Reconnaissance Site Visit At the Company's 100% Owned Wickenburg Project in Arizona, USA Patriot Lithium Limited reported initial results of a field reconnaissance site visit at the Company's 100% owned Wickenburg Project in Arizona, USA. As part of the Company's systematic exploration approach, a reconnaissance site visit has been conducted at Wickenburg to follow up on an extensive desktop review. The purpose of the visit was to verify surface expressions of pegmatites previously identified and reported in historical data sets. Field inspection of the Dove priority target has revealed two LCT pegmatites with widespread, visually identified spodumene mineralization. At the Dove target, which has been described by previous workers 1 as an "extensive pegmatite dyke" with spodumene and lepidolite, PAT's reconnaissance site visit has uncovered and verified the presence of a LCT pegmatite system with massive spodumene zones. The Dove pegmatites contain spodumene, including pink kunzite, lepidolite, green beryl and dark green tourmaline. The presence of these gem varieties potentially indicates a spodumene-rich pegmatite system. Dove contains several pegmatites that can be traced along strike for at least ~165m at the Dove West pegmatite and ~250m at Dove East. The pegmatites are trending subparallel but are separated by ~150m. The apparent maximum width of the individual pegmatites is ~10m. The Mammoth pegmatite, which is located ~500m to the north of Dove, is poorly exposed but its intermittent surface expressions can be traced along strike for ~300m. Field reconnaissance at Mammoth identified dark green tourmaline, which has also been recorded at nearby Dove. Further work, including mapping and sampling, will be required to evaluate the potential for spodumene mineralisation at Mammoth. The information collected from this reconnaissance site visit will be synthesised by Patriot to further the evaluation of all data across the Wickenburg Project and plan for drill testing. Detailed mapping and sampling of the Dove pegmatite system, among other targets within the Wickenburg Project, has commenced as a precursor to developing a drilling program. As the winter snow melts, the Company will turn its attention to the Keystone and Tinton West Projects in the Black Hills of South Dakota and Wyoming, as well as the Gorman, Birkett and Forester Projects in northwest Ontario. The Patriot exploration team has a long history of successful exploration using this systematic approach and remain excited about the lithium potential across all the project areas. As at Wickenburg, field work in the Black Hills and Ontario greenstone belts will initially focus on mapping and geochemical surface sampling as well as geophysics to determine priority drill targets. Duyuru • Jan 10
Patriot Lithium Limited (ASX:PAT) acquired three lithium prospective land packages in Ontario. Patriot Lithium Limited (ASX:PAT) acquired three lithium prospective land packages in Ontario on January 9, 2023.Patriot Lithium Limited (ASX:PAT) completed the acquisition of three lithium prospective land packages in Ontario on January 9, 2023. 