Patriot Battery Metals Adjusts Capital Structure Amid CDI Changes
Company Announcements

Patriot Battery Metals Adjusts Capital Structure Amid CDI Changes

Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (AU:PMT) has released an update.

Patriot Battery Metals Inc. has reported a decrease in the total number of CHESS Depositary Interests (CDIs) by over 5.4 million for the month of October 2024, reaching a total of approximately 590 million. This change is attributed to net transfers of securities between CDIs and ordinary shares, reflecting the company’s dynamic adjustments in its capital structure. Additionally, the number of ordinary fully paid securities increased by 542,252 during the same period.

For further insights into AU:PMT stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App