Battery X Metals Announces Annual General Meeting Results, Corporate Awareness Agreement, and Initiative to Strengthen Financial Position
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OR FOR DISSEMINATION IN THE UNITED STATES
BaƩery X Metals Announces Annual General MeeƟng Results, Corporate
Awareness Agreement, and IniƟaƟve to Strengthen Financial PosiƟon
VANCOUVER, Bri Ɵsh Columbia – July 18, 2025 – BaƩery X Metals Inc.
(CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W) (“BaƩery X Metals ” or the “ Company”) an energy
transiƟon resource exploraƟon and technology company, announces the voƟng results from its Annual
General and Special MeeƟng ("AGSM") held on July 16, 2025 in Vancouver, BriƟsh Columbia.
Shareholders voted in favor of all items of business presented at the AGSM, as outlined in the proxy-
related materials, including the No Ɵce of Mee Ɵng and the Informa Ɵon Circular dated June 11, 2025
(the “InformaƟon Circular ”). These items included the elec Ɵon of directors, the appointment of the
Company’s auditor, the approval of the Omnibus Equity Incen Ɵve Plan, and the proposed share
consolidaƟon.
A total of 15,447,811 common shares were represented at the mee Ɵng, represen Ɵng 2 6.73% of the
Company’s issued and outstanding common shares as of the record date of the meeƟng (57,791,550).
Results of VoƟng
ResoluƟon Votes For % For Votes Withheld / Against % Withheld / Against
1. Set number of
directors at five (5)
15,362,620 99.45% 85,191 0.55%
2. ElecƟon of
Directors
Massimo Bellini
Bressi
15,317,041 99.15% 130,770 0.85%
Howard Blank 15,419,988 99.82% 27,823 0.18%
MarƟno Ciambrelli 15,417,837 99.81% 29,974 0.19%
Dallas PreƩy 15,259,673 98.78% 188,138 1.22%
John Campbell 15,419,988 99.82% 27,823 0.18%
3. Appointment of
Manning EllioƩ LLP
as auditor
15,440,589 99.95% 7,222 0.05%
4. Approval of
Omnibus Equity
IncenƟve Plan
15,237,463 98.64% 210,348 1.36%
5. Approval of Share
ConsolidaƟon (up to
25:1)
15,359,469 99.43% 88,342 0.57%
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Following the AGSM, Mr. Dallas PreƩy and Mr. John Campbell were elected as Directors of the Company.
The Company also reappointed its current officers and confirmed the composi Ɵon of its Audit and
Governance CommiƩees.
For more informaƟon on the resoluƟons and full meeƟng materials, shareholders are encouraged to refer
to the InformaƟon Circular available at the Company’s profile on SEDAR+.
Corporate Awareness Agreement
The Company also announces that , effecƟve July 17, 2025, it has entered into a service agreement (the
“Agreement”) with Apollo Shareholder RelaƟons Ltd. (“Apollo”) to provide investor communicaƟons and
markeƟng services for a period of four (4) months, commencing on or about August 1, 2025.
Apollo is arm’s length to the Company. Pursuant to the terms of the Agreement, Apollo will be responsible
for delivering a comprehensive suite of services, including investor rela Ɵons strategy, content crea Ɵon,
digital campaigns, social and community engagement, public rela Ɵons, SEO and analy Ɵcs, technology
integraƟon, compliance and governance, and training and support. The objecƟve of the engagement is to
enhance the Company’s investor awareness and public profile within the Canadian and global capital
markets.
The Company has agreed to pay Apollo a total fee of CAD $35,000 (plus applicable taxes) for the four-
month term, payable as follows: CAD $17,000 upon execu Ɵon of the agreement and CAD $6,000 on the
first day of each of the second, third, and fourth months of the term. No stock opƟons are being granted
to Apollo under the terms of the engagement. To the knowledge of the Company, at the Ɵme of entering
into the agreement, Apollo and its principals, directly and indirectly hold 74,038 common shares of the
Company. Contact: Jazz Chodak, Chief Revenue Officer, Apollo Shareholder Rela Ɵons Ltd., 1395 Bear
Mountain Parkway, Victoria, BC V9B 0E1, jazz@apollorelaƟons.com.
Proposed Debt SeƩlement
The Company also announces that it intends to se Ʃle outstanding indebtedness in an aggregate amount
of up to $550,000 (the “ Debt Se Ʃlement”) owing to certain creditors of the Company. The Debt
SeƩlement is anƟcipated to be saƟsfied through the following issuances:
Up to $453,264.32 in considera Ɵon for the issuance of an aggregate of 1,888,601 units of the
Company (each, a “Debt SeƩlement Unit”) at a deemed price of $0.24 per Debt SeƩlement Unit. Each
Debt SeƩlement Unit will consist of one common share of the Company (each, a “ Debt Share”) and
one transferable common share purchase warrant (each, a “ Debt SeƩlement Warrant”). Each Debt
SeƩlement Warrant will be exercisable to acquire one addi Ɵonal common share of the Company
(each, a “ Debt Se Ʃlement Warrant Sh are”) at an exercise price of $0.315 per Debt Se Ʃlement
Warrant Share for a period of two (2) years from the date of closing of the Debt SeƩlement.
Up to $96,735.62 in considera Ɵon for the issuance of an aggregate of 403,065 Debt Shares at a
deemed price of $0.24 per Debt Share.
The securiƟes issued under the Debt Se Ʃlement will be subject to a statutory hold period expiring four
months and one day from the date of issuance. Closing of the Debt SeƩlement is expected to occur on or
around July 28, 2025.
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Insiders may par Ɵcipate in the Debt Se Ʃlement and such par ƟcipaƟon may cons Ɵtute a related party
transacƟon under Mul Ɵlateral Instrument 61 -101 – ProtecƟon of Minority Security Holders in Special
TransacƟons ("MI 61-101"). The Company intends to rely on exemp Ɵons from the formal valua Ɵon and
minority shareholder approval requirements provided under subsec Ɵons 5.5(a) and 5.7(a) of MI 61 -101
on the basis that par ƟcipaƟon in the Debt Se Ʃlement by insiders will not exc eed 25% of the fair market
value of the Company’s market capitalizaƟon.
This press release shall not consƟtute an offer to sell or the solicitaƟon of an offer to buy securiƟes in the
United States, nor shall there be any sale of the securi Ɵes in any jurisdic Ɵon in which such offer,
solicitaƟon or sale would be unlawful. The securi Ɵes being offered have not been, nor will they be,
registered under the U.S. Securi Ɵes Act of 1933, as amended (the “ 1933 Act”), or under any U.S. state
securiƟes laws, and may not be offered or sold in the United States absent registra Ɵon or an applicable
exempƟon from the registraƟon requirements of the 1933 Act and applicable state securiƟes laws.
About Battery X Metals Inc.
Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW, WKN:A40X9W) is an energy transition resource
exploration and technology company committed to advancing domestic and critical battery metal resource
exploration and developing next-generation proprietary technologies. Taking a diversified, 360° approach
to the battery metals industry, the Company focuses on exploration, lifespan extension, and recycling of
lithium-ion batteries and battery materials. For more information, visit batteryxmetals.com.
On Behalf of the Board of Directors
Massimo Bellini Bressi, Director
For further information, please contact:
Massimo Bellini Bressi
Chief Executive Officer
Email: [email protected]
Tel: (604) 741-0444
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable securiƟes laws.
Forward-looking statements in this release include statements regarding the Company’s engagement of
Apollo Shareholder RelaƟons Ltd. and the results of such engagement, the proposed Debt SeƩlement, the
terms of the Debt Se Ʃlement, and the expected closing date of the Debt Se Ʃlement. Forward-looking
statements reflect management’s current beliefs, expecta Ɵons, and assump Ɵons based on available
informaƟon as of the date of this release. However, these statements are subject to known and unknown
risks, uncertainƟes, and other facto rs that could cause actual results, performance, or achievements to
differ materially from those expressed or implied by such forward-looking statements. These risks include,
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but are not limited to, the risk that the engagement with Apollo Shareholder RelaƟons Ltd. is terminated
prior to the compleƟon of the contemplated services, that the Company may not complete the proposed
Debt Se Ʃlement as expected or at all , and general economic, market, and regulatory condi Ɵons.
AddiƟonal risks and uncertainƟes are discussed in the Company’s filings on SEDAR+. The forward-looking
statements in this news release are made as of the date hereof, and Ba Ʃery X Metals disclaims any
intenƟon or obliga Ɵon to update or revise such statements, except as required by law. Investors are
cauƟoned not to place undue reliance on these forward-looking statements.