Each one in plain English, with the numbers worked through for a shareholder.
22 Feb 2023other▲ GoodMajor
Phase II heavy liquid separation tests on 11 CV5 core composites averaged 5.98% Li2O concentrate at 77% recovery. This supports a simple dense media process without flotation, consistent with the earlier 5.8% at 79%. Five CV13 samples are selected for testing next.
15 Feb 2023half year report● Neutral
Unaudited quarterly accounts to 31 December 2022: cash C$19.3m, total assets C$54.0m, nine-month net loss C$8.5m. Cash is up from C$11.7m at 31 March 2022. Routine financial reporting.
14 Feb 2023drilling result▲ GoodMajor
Assays from the 14 holes at the CV13 cluster, discovered in summer 2022, show lithium pegmatite in ten holes. Best is 22.6 m at 1.56% Li2O, including 6.0 m at 3.19%. An initial CV13 resource estimate is scheduled for 2023.
6 Feb 2023drilling progress report▲ GoodMajor
First 2023 holes extend the CV5 pegmatite about 400 m east, giving at least 2.6 km of traced strike. Four rigs are active with a fifth coming; 20,000 m minimum targeted. No 2023 assays are in yet; resource estimate still targeted for first half 2023.
2 Feb 2023other● Neutral
Monthly statement of securities for January 2023. Quoted CDIs rose from 119,720,150 to 158,571,800, with some warrant and option exercises. Administrative; no operational news.
30 Jan 2023drilling result▲ GoodMajor
Final 2022 CV5 assays: hole CV22-093 hit 52.2 m at 3.34% Li2O, including 15.0 m at 5.10%, extending the high-grade 'Nova Zone' to about 350 m. All 2022 CV5 assays are now reported; the 14 CV13 holes remain outstanding.
27 Jan 2023remuneration report● Neutral
Board approved a new rolling Omnibus Equity Incentive Plan (up to 10% of shares) replacing the earlier proposed fixed 20% plan, which the text says raised concerns. 750,000 options granted to new management at $12.50. Shareholder vote at 3 March 2023 AGM.
27 Jan 2023director officer appointment● Neutral
Mélissa Desrochers, formerly of Agnico Eagle, joins the board as independent director and audit committee member. Director Jon Christian Evensen has resigned. Her Quebec community and government relations experience is relevant to Corvette's permitting work.
24 Jan 2023director officer appointment● NeutralMajor
Natacha Garoute, formerly CFO of Champion Iron Ore, became CFO on 23 January 2023, replacing Dusan Berka, who stays on the board after about 10 years as CFO.
19 Jan 2023drilling result▲ GoodMajor
Hole CV22-083 returned 156.9 m at 2.12% Li2O, including 25.0 m at 5.04%, the best CV5 intercept to date. High-grade zone now traced about 250 m. 24 holes await assays; initial resource estimate planned for first half 2023.
13 Jan 2023investor presentation● Neutral
January 2023 company presentation titled 'Unlocking North America's Next Lithium District'. Visible text is mainly legal disclaimers; it appears to repeat known Corvette information, with no new results shown.
10 Jan 2023director officer appointment▲ Good
Hired Alix Drapack as Vice President ESG and Andrée Drolet as senior adviser, environment and permitting, both formerly of Osisko Mining. They will support Corvette's environmental assessment and permitting.
6 Jan 2023drilling scheduled▲ GoodMajor
2023 winter drilling is mobilising at Corvette: minimum 20,000 m, three rigs rising to five from February, with a ~20 km winter road nearly done. An initial CV5 resource estimate is targeted for the first half of 2023; 38 holes await assays.
4 Jan 2023other● Neutral
Monthly statement of securities for December 2022. Quoted CDIs rose by 7,000,000 to 119,720,150 per the text's table, with small option and warrant exercises. Administrative; no operational news.
20 Dec 2022other▲ GoodMajor
Preliminary dense media separation test on CV5 drill core gave 5.8% Li2O spodumene concentrate at 79% recovery with low iron (0.60%). Supports a simpler processing route without flotation; further variability testing on eleven samples is under way.
14 Dec 2022drilling result▲ GoodMajor
Twelve more CV5 holes reported, led by 113.4 m at 1.61% Li2O (hole CV22-066), including 2.0 m at 6.41%. Mineralisation stays open along 2,200 m strike. 38 holes still await assays; drilling resumes January with up to five rigs.
7 Dec 2022other▲ Good
Trading in PMT CDIs began 7 December 2022 after the A$4.2m raise (7,000,000 CDIs at A$0.60). The CEO says a backlog of assay results is coming, ending the listing news blackout.
5 Dec 2022other● Neutral
Formal application form to list on ASX, dated 10 November 2022, seeking quotation of up to 7,000,000 CDIs over fully paid shares. Administrative; no new information beyond the listing.
5 Dec 2022other▲ GoodMajor
ASX admitted Patriot Battery Metals (ASX: PMT) to the Official List on 5 December 2022, with trading from 7 December. Its A$4.2 million IPO sold 7,000,000 CDIs at A$0.60 each.
5 Dec 2022other● Neutral
The company's articles under British Columbia law, the governing rules for shares, meetings and directors. Legal document, no new information for shareholders.
5 Dec 2022other● Neutral
Register snapshot at 2 December 2022: 7,000,000 CDIs held by 907 holders, the largest holding 166,667 (2.38%). The top 20 hold 18.33%. Administrative listing data.
5 Dec 2022other● Neutral
Discloses ASX waivers granted for listing: PMT can lodge its Canadian half-year and quarterly reports instead of ASX-format ones, and need not quote all shares. Administrative; no change to operations.
5 Dec 2022other● Neutral
Foreign-entity annexure to the listing checklist, pointing to prospectus sections on Canadian company law, taxation and accounting standards (IFRS, Canadian auditing standards). Administrative; no new substance.
5 Dec 2022admin correction● Neutral
Pre-quotation disclosure at admission: no securities restricted, 92,771,239 shares (700,000 held as CDIs per the text), 31.4m warrants and 8.26m options on issue. Confirms no impediments to exploring the 417-claim Corvette Property. Administrative.
5 Dec 2022other● Neutral
Stock option plan document for directors, officers and staff, with options priced at not less than market price. The text names 'Gaia Metals Corp', apparently a former or template name. Administrative; no new substance.
5 Dec 2022other● Neutral
Prospectus for the offer of 7,000,000 CDIs at A$0.60 to raise A$4.2 million before costs, with 10 CDIs per share. It describes the Corvette Property and warns the investment is highly speculative. Text provided is truncated.
5 Dec 2022other● Neutral
Securities trading policy setting insider-trading rules for directors and staff under Australian and Canadian law. Administrative; no new substance.
5 Dec 2022other● Neutral
Listing checklist giving corporate details: incorporated in British Columbia in 2007, also listed on TSX-V, chaired by Kenneth Brinsden with Blair Way as CEO. Administrative listing paperwork with no new events.
5 Dec 2022other● Neutral
Mining-entity annexure to the listing checklist, pointing to where the prospectus covers JORC compliance and competent-person consents. It states no metal-equivalent calculations are used. Administrative; no new results.
