Patriot Battery Metals receives $109 million strategic investment from Albemarle Corporation

Company

Patriot Battery Metals Inc.

Law Firm / Organization
Norton Rose Fulbright Canada LLP

Company

Albemarle Corporation

Law Firm / Organization
Shearman & Sterling LLP

Norton Rose Fulbright's Montréal, Vancouver and Melbourne offices assisted Patriot Battery Metals Inc., a hard-rock lithium exploration company, in connection with a cross-border private placement of approximately $109 million in Patriot by Albemarle Corporation. The proceeds from the strategic investment by Albemarle will be used to accelerate the development activities at Patriot's Corvette Lithium Project and for general corporate purposes.

Financing/Investment
Mining
$ 109,000,000
Closed
03 August 2023