Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (AU:PMT) has released an update.
In a significant financial move, Patriot Battery Metals Inc’s Director Blair Way has transferred 8 million Chess Depository Interests (CDIs), equating to 800,000 ordinary shares, to Equities First Holdings, LLC as collateral for a loan. The off-market transfer, which took place on April 9, 2024, has adjusted Way’s direct and indirect holdings within the company. This strategic decision is part of a Master Loan Agreement and Deed of Security, reflecting a notable change in the director’s interest in the company.
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