Patriot Battery Metals Inc. (CNSX:PMET) entered into an agreement to acquire Deca-Goose and Felix claim blocks of Canadian Mining House for CAD 1.2 million on February 14, 2022. The purchase consideration consists of CAD 150,000 cash payment and issuance of a total of 1,800,000 common shares of the Patriot Battery Metals. Canadian Mining House will also retain a 2% NSR which has 50% buyback option by Patriot Battery Metals for CAD 2 million.

In addition, Patriot Battery Metals announced a non-brokered private placement of up to CAD 3 million, and will use the proceeds towards the acquisitions.