Patriot Lithium Limited (ASX:PAT) entered into an asset purchase agreement to acquire 73% interest in Borland Project located in Ontario, Canada from Guyana Frontier Mining Corp. for CAD 0.5 million on October 30, 2023. The consideration consists of the payment of 3,379,630 of ordinary shares. In a related transaction Patriot Lithium Limited entered into an asset purchase agreement to acquire remaining 27% interest in Borland Project located in Ontario, Canada from Gold Canyon Resources Inc. The transaction is subject to the necessary regulatory approvals and Patriot's shareholder approval, Patriot having entered into a binding agreement with Gold Canyon Resources Inc. (?Gold Canyon?) for the remaining 27% interest in the Favourable Lake Claims.

Patriot Lithium Limited (ASX:PAT) completed the acquisition of 73% interest in Borland Project located in Ontario, Canada from Guyana Frontier Mining Corp. on November 15, 2023.