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PMET Resources gets non-binding financing interest from Société Générale for Quebec lithium project Phase 1.

Company Fundamentals
03 Jun 2026
PRNewsWire
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Bullish
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PMET Resources announced it received a non-binding Letter of Interest from Société Générale for potential debt financing of Phase 1 development of its Shaakichiuwaanaan lithium project in Quebec. This interest supports PMET's strategy to build a strong syndicate of international lenders and follows prior engagement with other financial institutions. The financing is subject to due diligence and approvals as PMET advances its updated Feasibility Study, expected by Q4 2026. The project is a large-scale lithium and critical minerals development with significant resource potential, aiming for competitive spodumene concentrate production.

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