Battery X Metals Announces Engagement of Corporate Awareness Provider & Market Maker
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Battery X Metals Announces Engagement of Corporate Awareness Provider &
Market Maker
VANCOUVER, British Columbia – August 13, 2024 – Battery X Metals Inc. (CSE:BATX) (OTCQB:BATX)
(FSE:R0W, WKN:A3EMJB) (“Battery X Metals” or the “Company”) is pleased to announce that it has
entered into an agreement with Sidis Holdings Limited (“Sidis”) dated August 13, 2024 (the “ Sidis
Agreement”), whereby Sidis has agreed to provide certain corporate marketing services in an effort to
increase public awareness of the Company and its services and securities, and an agreement with Venture
Liquidity Providers Inc. (“VLP”) dated August 13, 2024 (the “VLP Agreement”), whereby VLP has agreed to
initiate its market-making service to provide assistance in maintaining an orderly trading market for the
common shares of the Company.
Sidis Agreement
Pursuant to the Sidis Agreement, the Company has engaged Sidis for the purposes of obtaining corporate
communications services such as digital media consulting and wholesale ad digital placements. These
services include, but are not limited to, digital med ia campaigns for branding, media consulting,
multimedia services and project management. For its services, the Company has agreed to pay Sidis a fee
of $250,000, $150,000 of which was payable upon entry into the agreement and the remainder payable
in agreed installments. No stock options are being granted to Sidis under the terms of the engagement.
The Sidis Agreement is effective for a 3 -month period starting on August 13, 2024. Either party has the
right to terminate the Agreement at any time, with or without cause, by providing the other party with
thirty (30) days' written notice. The Company and Sidis act at arm’s length.
The promotional activities will take place across multiple platforms, including landing pages, native
advertising, pay-per-click campaigns, and targeted article writing.
Sidis is a Hong Kong company based in Hong Kong providing corporate communications services such as
digital media consulting, wholesale ad digital placements. Sidis’ Principals, James Walker, Karl Marek, and
Frances Barker of Hong Kong Flat 2A1-A7, Pahsang Industrial Bldg., 16 San On Street, Tuen Mun, N.T, Hong
Kong, can be reached by telephone at +0896123679 or by email at [email protected]. Mr. Walker. Mr.
Marek and Mr. Barker act at arm's length to the Company, and to the knowledge of the Company, at the
time of entering into the Sidis Agreement, the Principals of Sidis , directly and indirectly , hold 1,164,000
common shares of the Company.
VLP Agreement
The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co., Ltd.
(“W.D. Latimer”), in compliance with the applicable policies of the CSE and applicable laws. For its
services, the Company has agreed to pay VLP $5,000 per month, commencing on August 1, 2024. No stock
options are being granted to VLP under the terms of the engagement. The VLP Agreement has an initial
term of 12 months, following which will renew for successive one-month terms, provided that after the
initial three month term, the agreement may be terminated by either party at any time. The Company
and VLP act at arm’s length, and VLP has no interest, directly or indirectly, in the Company or its securities.
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The finances and the shares required for the market -making service are provided by W .D. Latimer. The
fee paid by the Company to VLP is for services only.
VLP is a specialized consulting firm based in Toronto providing a variety of services focused on CSE -listed
issuers. VLP’s Principal, JC Cunningham at 1 McGuire Cres. Uxbridge, ON V9P 1G7 , can be reached by
telephone at (416) 891-4349 or by email at [email protected]. The Company and JC Cunningham act at arm’s
length, and to the knowledge of the Company, at the time of entering into the VLP Agreement, JC
Cunningham had no interest in the Company or its securities.
About Battery X Metals Inc.
Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXF) (FSE:R0W) is dedicated to advancing North America's
clean energy transition through the development of proprietary technologies and domestic battery and
critical metal resource exploration. The Company focuses on extending the lifespan of electric vehicle (EV)
batteries, recovering battery grade metals from end -of-life lithium-ion batteries, and exploring domestic
battery and critical metals resources.
The Company's portfolio company 1, Lithium -ion Battery Renewable Technologies Inc. (“ LIBRT”), is
developing proprietary technology to test and extend electric vehicle (EV) battery lifespan by addressing
battery degradation through cell rebalancing. LIBRT is also developing battery health diagnostic equipment
for EV batteries and LIBRT holds the exclusive license for BatteryMap AI in North America, an AI model
with a comprehensive patent portfolio for precise battery monitoring and prediction, extensively trained
on vast amounts of real-world data.
The Company’s wholly-owned subsidiary, Battery X Recycling Technologies Inc., in collaboration with one
of Canada’s leading research institutes, pioneers advanced EV battery metal recovery technologies. With
a focus on recovering battery -grade metals, incl uding lithium, nickel, cobalt, manganese, copper, and
graphite, from the residual material of shredded lithium -ion batteries known as black mass, utilizing an
eco-friendly proprietary froth flotation separation process.
The Company’s 100% owned Y Lithium Project, located in Northern Saskatchewan near Bailey Lake,
comprises four mineral claims across two blocks and spans 5,855 hectares (14,470 acres) and holds
potential for lithium-cesium-tantalum (LCT) pegmatites. Additionally, Battery X Metals owns 100% of the
Nunavik, QC Leaf River Project, encompassing 83 claims over an area of approximately 3,500 hectares, and
Abitibi, QC Reservoir -Dozios Project, encompassing 52 claims over an area of approximately 3,500
hectares. Each project is in close proximity to key mining projects and within an area of successful lithium
exploration. The Nunavik property is contiguous to the Eureka Lithium's New Leaf Project and the Abitibi
Project is located near Sayona Mining Limited's Abitibi Lithium Hub. Both aforementioned companies
report large, mineralized structures and pegmatite formations within the regions.2
In addition to its lithium exploration ventures, Battery X Metals also holds The Belanger Property, which is
NI 43-101 compliant. The property comprises 105 claims over an area of approximately 2,100 hectares
and is located in one of Canada’s most prolific gold mining districts, Red Lake, Ontario. Battery X Metals
also holds an equity stake in Premier Silver Corp., which acquired the Mallay Mine & Processing Plant in
Peru from Buenaventura, a prominent mining company listed on the NYSE. Conveniently located near Lima
and Churin town, the Mallay mine is part of Premier Silver’s extensive 10,562.4-hectare Tres Cerros Au-Ag
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Project. This diversification enhances Battery X Metals’ investment portfolio, offering potential
opportunities in the precious metals sector.
With a dedicated management team, focused on maximizing shareholder value and commitment to
sustainability, Battery X Metals is positioned to be an emerging leader in lithium-ion battery technologies,
as well as battery and critical metal exploration.
1 49% owned Portfolio Company
2 Sigeom.Mines
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
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts
responsibility for the adequacy or accuracy of this release).
Forward-Looking Statements
Certain statements contained in this press release constitute “forward -looking information” as such term
is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”,
“potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar
expressions as they relate to the Company, are intended to ide ntify forward -looking information. All
statements other than statements of historical fact may be forward-looking information. Such statements
reflect the Company’s current views and intentions with respect to future events, and current information
available to them, and are subject to certain risks, uncertainties and assumptions, including, without
limitation: the benefits derived from the Company’s corporate marketing service engagements and market-
marking service engagements; the potential of the Company’s mineral properties; and the availability of
necessary financing. Many factors could cause the actual results, performance or achievements that may
be expressed or implied by such forward -looking information to vary from those described herein should
one or more of these risks or uncertainties materialize. Such factors include but are not limited to: changes
in economic conditions or financial markets; increases in costs; litigation; legislative, environmental and
other judicial, regulatory, political and competitive developments; and exploration or operational
difficulties. This list is not exhaustive of the factors that may affect forward-looking information. These and
other factors should be considered carefully, and readers should not place undue reliance on such forward-
looking information. Should any factor affect the Company in an unexpected manner, or should
assumptions underlying the forward-looking information prove incorrect, the actual results or events may
differ materially from the results or events predicted. Any such forward -looking information is expressly
qualified in its entirety by this cautionary statement. Moreover, the Company does not assume
responsibility for the accuracy or completeness of such forward-looking information. The forward-looking
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information included in this press release is made as of the date of this press release and the Company
undertakes no obligation to publicly update or revise any forward -looking information, other than as
required by applicable law.