PMET Resources Inc.

PMET

CA73015G1046

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 04:00:00 2026-06-05 pm EDT			5-day change	1st Jan Change
6.380 ^CAD	-13.78%		-9.89%	+18.15%

Jun. 03	Pmet Resources Shares Fall After Securing Non-Binding LOI From Societe Generale for Canada Project Financing	MT
Jun. 03	Pmet Resources Secures Non-Binding LOI From Societe Generale for Canada Project Financing	MT

PMET Resources Gets Funding Interest From Societe General for Quebec Lithium Project

Published on 06/03/2026 at 08:01 am EDT - Modified on 06/03/2026 at 08:02 am EDT

Dow Jones

PMET RESOURCES INC.

-13.78%

SOCIÉTÉ GÉNÉRALE

-1.39%

By Robb M. Stewart

Canadian mineral explorer PMET Resources has an offering of financing from Societe Generale for its high-grade lithium project in Quebec.

PMET said Wednesday it received a non-binding letter of interest from the investment bank to potentially finance the first phase of development for the Shaakichiuwaanaan project in the Eeyou Istchee James Bay region.

Societe Generale is interested in participating as lead arranger for a possible debt financing package, PMET said. The letter of interest is intended to help with lender due diligence, including technical, environmental and commercial reviews, as PMET pushes toward completing an updated feasibility study by the end of the year.

PMET late last year unveiled what it said was a positive lithium-only feasibility study for the Shaakichiuwaanaan property, which is accessible year-round by all-season road and near to regional hydro-power infrastructure.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

06-03-26 0800ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
	PMET RESOURCES INC.	6.380CAD	-13.78%	-9.89%	852M
	SOCIÉTÉ GÉNÉRALE	70.26EUR	-1.39%	-1.91%	59.23B

Latest news about PMET Resources Inc.

Jun. 03	Pmet Resources Shares Fall After Securing Non-Binding LOI From Societe Generale for Canada Project Financing	MT
Jun. 03	Pmet Resources Secures Non-Binding LOI From Societe Generale for Canada Project Financing	MT
Jun. 03	Attorneys General Sue Trump Administration Over Payment Ending Offshore Wind Projects -- Commodities Roundup	DJ
Jun. 03	PMET Resources Says Received Letter Of Interest From Societe Generale For Shaakichiuwaanaan Project Financing	MT
Jun. 03	PMET Resources Gets Funding Interest From Societe General for Quebec Lithium Project	DJ
Jun. 03	PMET Resources Says Received Letter Of Interest From Societe Generale For Shaakichiuwaanaan Project Financing	MT
Jun. 02	PMET Resources' Quebec Portfolio Surface Exploration Encounters Lithium-Caesium-Tantalum Pegmatite Discoveries	MT
Jun. 02	PMET Resources Discovers New High-grade Lithium, Caesium, and Tantalum Pegmatite in Surface Exploration Works	MT
Jun. 02	PMET Says Its Premier James Bay, Quebec Geology Delivers Further Exploration Success Surface Samples at its Pontois, Shaakichiuwaanaan, and Pontax Properties	MT
Jun. 02	PMET Updates On New High-grade Lithium, Caesium, and Tantalum Pegmatite Discoveries in Surface Exploration Works	MT
Jun. 02	Pmet Resources Inc Announces Multiple New Li-Cs-Ta Pegmatite Discoveries At Shaakichiuwaanaan, Pikwa, Pontois, and Pontax Properties	CI
May. 21	PMET Resources Launches Drilling Campaign at Canada Project	MT
May. 21	PMET Resources Starts 2026 Summer-Fall Drilling Campaign at Shaakichiuwaanaan Property	MT
May. 21	PMET Resources Inc. Commences 2026 Summer-Fall Drill Campaign At the Shaakichiuwaanaan Property	CI
May. 19	PMET Resources Receives Nonbinding Letters of Support for Potential Financing of Canada Project	MT

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Company Profile

PMET Resources Inc., formerly Patriot Battery Metals Inc., is a Canada-based hard-rock lithium exploration company focused on advancing its district-scale Shaakichiuwaanaan Property (463 claims totaling 23,710 ha) located in the Eeyou Istchee James Bay region of Quebec. Situated within the La Grande Greenstone Belt, the Shaakichiuwaanaan Property hosts significant mineral potential over multiple deposit types. It owns 100% of a 237 km2 Shaakichiuwaanaan Property land package, covering approximately 50 kilometers of prospective lithium pegmatite trend. Exploration of the Property has outlined three primary mineral exploration trends, crossing dominantly east-west over large portions of the Property's principal claim group: Golden Trend (gold), Maven Trend (copper, gold, silver), and CV Trend (Li-Cs-Ta Pegmatite). It also holds several other non-core assets in Quebec, Canada, and Idaho, USA, which are considered prospective for Lithium, Caesium, Tantalum, Copper, Silver, and Gold.

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Diversified Mining

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