Mosaic Minerals Corp. acquired 110 mining claims adjacent to the eastern edge of Patriot Battery Metals Corvette in James Bay from two unknown independent prospectors for approximately CAD 0.17 million on February 2, 2023. The project was acquired partly from 2 independent prospectors (39 claims) and by staking (71 claims). In return for the acquisition of the claims held by the prospectors, Mosaic will issue them respectively 0.45 million and 1 million shares and will grant them 0.50% NSR for one and 2% NSR for the other, of which 1% may be bought back for CAD 1 million. The transaction is subject to the approval of the competent authorities.

Mosaic Minerals Corp. completed the acquisition of 110 mining claims adjacent to the eastern edge of Patriot Battery Metals Corvette in James Bay from two unknown independent prospectors for on February 2, 2023.