MONTREAL, June 3, 2026 /PRNewswire/ -- June 03, 2026 – Sydney, Australia - PMET RESOURCES INC. (THE "COMPANY" OR "PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has received a non-binding Letter of Interest ("LOI") from Société Générale ("SG"), a leading international corporate and investment bank, in relation to potential project financing for the Phase 1 development of the Company's 100%-owned Shaakichiuwaanaan Project, located in the Eeyou Istchee James Bay region of Quebec, Canada.
Under the LOI, SG has expressed interest in participating as a Mandated Lead Arranger for potential debt financing package. The LOI represents another important step in advancing PMET's long-term financing strategy and aligns with PMET's objective to assemble a high-quality syndicate of internationally recognized mining project finance lenders and Export Credit Agencies. This builds on the recently announced support and engagement from EDC, KfW IPEX-Bank and an additional major Canadian financial institution.