Patriot Battery Metals Inc. (OTCMKTS:RGDCF) Stock Pulled Back After The Recent Rally

Patriot Battery Metals Inc. (OTCMKTS:RGDCF) stock continued to trend lower as investors took profit after the recent jump. The stock has soared 27% over the past month.

Market Action

On Friday, RGDCF stock decreased 2.10% to $0.4062. A total of 45K shares traded for the session hands, compared to its average volume of 82K shares. The stock opened at $0.4235 and moved in a range of $0.3841 – 0.4360.

Key Trigger

Patriot Battery Metals Stakes New Claims at Corvette FCI Project and Terminates Amalgamation Agreement with Global Green Energy Acquisition Corp

o announce that it has staked additional claims (active status pending) adjacent to its CorvetteFCI Property as the Company increases it focus on lithium. The Company will provide further details on this consolidation of claims as it becomes available. The company also announces that further to the Company’s press release of July 21, 2021 in respect of the amalgamation agreement dated July 20, 2021 (the “Agreement”) with Global Green Energy Acquisition Corp the Companies have mutually agreed to terminate the proposed Transaction.

Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral projects containing battery, base and precious metals. The Company’s flagship assets are the wholly owned Corvette Property and the FCI Property (held under Option from O3 Mining Inc.) located in the James Bay Region of Québec, and the 100% owned Freeman Creek Gold Property, located in Idaho, USA.