It was a busy week for the PMET team. We had team members attending @THEMiningEvent with two full days of meetings and a presentation. As well, we attended the annual @AMQ_minesQc conference.
Both events were great to interact with investors, industry and government. Thanks to both organizations for running great events!
Next up: @benchmarkmin Giga US 2026 conference next week in Washington followed by the @RBC Capital Markets Global Mining and Materials Conference in New York on Thursday.
$PMET $PMT.AX
PMET has received a non-binding Letter of Interest from Société Générale for potential debt financing for Phase 1 of Shaakichiuwaanaan.
SG has expressed interest in participating as a Mandated Lead Arranger, adding another globally recognized mining project finance lender to PMET’s financing discussions.
This builds on recently announced engagement from EDC, KfW IPEX-Bank and another major Canadian financial institution, as PMET advances lender due diligence ahead of the updated Feasibility Study targeted for Q4 2026.
PMET is assembling a high-quality financing syndicate for Shaakichiuwaanaan Phase 1.
Full PR here: https://t.co/g43Ye6euJO
$PMET $PMT
At Shaakichiuwaanaan, the new Cosma, Felix and Drakkar discoveries extend the prospective Mickel LCT Pegmatite Trend to ~10.5 km.
Only ~450 m of strike has been drill tested at CV9.
This highlights meaningful exploration upside west of the core CV5/CV13 deposits.
PMET has announced multiple new high-grade LCT pegmatite discoveries across its James Bay portfolio.
Highlights include:
✅ Cosma: 16.43% Cs₂O in channel sampling
✅ Skald: 2.94% Li₂O in outcrop
✅ Overload: 7.53% Cs₂O + 3,768 ppm Ta₂O₅ in outcrop
Last week was a wreat week in Europe with meetings across Brussels, Munich, and Paris as part of the Québec critical minerals delegation organized by Investissement Québec and the MRNF.
Strong discussions around supply chain security, strategic partnerships, and Europe’s growing need for responsibly sourced critical minerals.
The Shaakichiuwaanaan Project continues to attract interest for the role it could play as a future supplier of lithium, tantalum, and cesium to European markets.
Thank you to @InvestQuebec, the @mrnfqc, and the Québec Delegations for organizing a very productive mission.
#CriticalMinerals #Lithium #Québec #Europe #EnergyTransition
$PMET $PMT
A big thank you for hosting our CEO @KenBPMET for a wide-ranging interview. You can click on @The_Hole_Truth_ 's bio to access the link to the interview.
$PMET $PMT
PMET is happy to be participating in
@CG_Driven 5th Annual Global Metals and Mining Conference, from May 19-21. Our COO, Frédéric Langevin and our EVP Exploration, Darren L. Smith, are in attendance. TODAY, Frédéric will be participating on a panel: North American Lithium; The Next Wave of Lithium Supply. It will be at 8:30-9:10 AM PST in Casablanca Ballroom A/B. $PMET
$PMT
PMET has commenced its 2026 summer-fall drill campaign at Shaakichiuwaanaan in Québec.
The program is expected to include ~45,000 m of drilling through October 2026, using 4–8 drill rigs.
The Shaakichiuwaanaan Camp has also reopened ahead of schedule, with critical restart activities completed safely.
This campaign is designed to support both exploration and development.
Key focus areas include:
✅ Step-out and infill drilling at CV13
✅ Follow-up drilling along the CV5–CV4 corridor
✅ ~25,000 m at CV5 to support bulk sample design, the updated FS and detailed engineering
The 2026 program is a key part of PMET’s path toward Final Investment Decision.
Data from the campaign will support:
• Updated CV5 Feasibility Study with tantalum as a co-product
• Broader lithium-caesium-tantalum PEA
• Updated Mineral Resource Estimate
All targeted for Q4 2026.
Read the full PR here: https://t.co/jngnXvkpSU
$PMET $PMT
PMET has received non-binding letters of support from leading government-backed and Canadian financial institutions for potential financing support at Shaakichiuwaanaan.
This includes Export Development Canada, Germany’s KfW IPEX-Bank and another major Canadian Government financial institution.
VW has also confirmed final internal approvals for its participation in PMET’s February 2026 equity raise for ~C$12M.
Following closing, VW is expected to hold ~9.553% of PMET, further supporting the Company’s financing objectives and strategic positioning.
The letters are an important step in advancing lender due diligence, technical review and broader financing discussions ahead of PMET’s updated Feasibility Study, targeted for Q4 2026.
Shaakichiuwaanaan continues to stand out as a strategic critical minerals project for North American and European supply chains.
Full PR here: https://t.co/mSHekJAzgL
$PMET $PMT
Recently, our CEO @KenBPMET sat down with the @TMXGroup for a quick project update interview, discussing permitting steps, the importance of caesium and funding. You can watch it here: https://t.co/SLut6ev4zQ
$PMET $PMT
New PMET 3D animation just dropped!
With the help of the team @moonpatrolvr we have a new video to showcase our Shaakichiuwaanaan project, inclusive of a geology and surface infrastructure update. Check it out here: https://t.co/Uk3PVaGQfm
$IXHL is honored to be recognized as the winner of the “Best New Technology Solution for Drug Development” in the 10th annual @MedTech_Awards program.
The award highlights our innovative approach to combination medicines and growing momentum following positive Phase 2 data and FDA Fast Track designation for IHL-42X.
🔗 https://t.co/6XqqWhHmep
Tune in to hear $IXHL's Chief Scientific Officer, Mark Bleackley, Ph.D., talk on the unmeet needs of #obstructivesleepapnea and how we are taking novel approaches in developing drugs to combat the disease.
Learn more about IHL-42X here: https://t.co/TFjqQOYJd5
Indeed it is an excellent map - looks not dissimilar to Western Australia spodumene producers/projects.
IMO, Quebec can replicate over the next 10 years what WA did over the last 10 years.
$ELVR $RIO $QTWO.V $PMET.V $LIFT.V $CRE.V