Battery X Metals Announces Engagement of Corporate Awareness Service Provider
Battery X Metals Announces Engagement of Corporate Awareness Service
Provider
VANCOUVER, British Columbia – October 24, 2024 – Battery X Metals Inc. (CSE: BATX) (OTCQB: BATXF)
(FSE: R0W, WKN: A3EMJB) ("Battery X Metals" or the "Company") is pleased to announce that, in line
with its goal to increase corporate awareness, the Company has engaged Market IQ Media Group, Inc.
("MIQ") to provide investor relations and digital marketing services to the Company to increase public
awareness of the Company, its business and its securities.
On October 22, 2024, the Company entered into a corporate marketing services agreement
(the “Agreement”) with MIQ, pursuant to which MIQ will provide certain services to the Company,
including but not limited to, content creation such as article writing, website reviews, landing page
development and testing, and digital marketing services such as search engine optimization (SEO), online
advertising campaigns (including Google Ads and banner ads), Ticker Tag articles, performance analytics
and reporting. The Agreement is effective as of October 22, 2024, and has an initial term of six months,
with either party having the right to terminate upon 30 days' written notice. In consideration for the
services to be provided under the Agreement, the Company has paid MIQ USD $60,000 plus applicable
taxes.
MIQ is based in Vancouver, British Columbia and provides communications, content creation and digital
marketing services. The principal of MIQ is Brady Allan of 107–995 West 7th Ave, Vancouver, B ritish
Columbia V5Z 1C4 . Mr. Allan can be reached by telephone at 604-265-2873 or by email
at [email protected]. MIQ and its principal act at arm’s length to the Company. No stock options
are being granted to MIQ under the terms of the Agreement. To the knowledge of the Company, at the
time of entering into the Agreement, MIQ and its principals directly and indirectly held 525,000 common
shares of the Company.
The Company also announces that, as of September 30, 2024, its portfolio company, Lithium -ion Battery
Renewable Technologies Inc. (“ LIBRT”) and Shanghai Richpower New Energy Technology Co., Ltd. have
mutually agreed to terminate their North American exclusive license agreement dated January 1, 2023
(the “License Agreement”), which covered certain technologies and intellectual property related to
second-life batteries, including Battery Energy Storage Systems (BESS). This amicable termination reflects
that both parties have shifted toward pursuing independent strategies align ed with their respective
business goals. For LIBRT, this means a con tinued focus on the development and eventual
commercialization of its proprietary lithium -ion and electric vehicle (EV) battery diagnostic and
rebalancing hardware and software technologies, rather than BESS applications.
About Battery X Metals Inc.
Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXF) (FSE:R0W, WKN:A3EMJB) is committed to advancing the
clean energy transition by developing proprietary lithium-ion battery technologies and exploring domestic
resources for battery and critical metals. It’s portfolio company Lithium -ion Battery Renewable
Technologies Inc. (LIBRT)1 is developing proprietary technology to diagnose the health and extend electric
vehicle (EV) battery lifespan. Battery X Recycling Technologies Inc., its wholly -owned subsidiary, has
partnered with a global Top 20 university to develop a proprietary eco -friendly battery-grade material
recovery technology from black mass.
Battery X Metals also owns 100% of the Y Lithium Project in Saskatchewan (5,855 hectares), the Nunavik
Leaf River Project (3,500 hectares) and Abitibi Reservoir-Dozios Project (3,500 hectares) in Quebec, and
the NI 43 -101 compliant Belanger Property in Red Lake, Ontario (2,100 hectares). The Company has an
equity stake in Premier Silver Corp., which owns the Mallay Mine & Processing Plant in Peru, part of the
10,562.4-hectare Tres Cerros Au-Ag Project.
1 49% owned portfolio company
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 securities laws.
These forward-looking statements include, but are not limited to, statements regarding the Agreement,
the anticipated benefits and outcomes of MIQ’s services in raising public awareness of the Company, its
business and its securities, the potential impact on the Company’s business and market presence, and the
future direction of LIBRT following the termination of the License Agreement. Forward-looking statements
also include the Company’s plans for the development and commercialization of its proprietary lithium-ion
and electric vehicle (EV) battery technologies, and its battery -grade material recovery technologies. Such
forward-looking statements reflect management's current expectations based on information available as
of the date of this release. They are subject to known and unknown risks, uncertainties, and other factors
that may cause actual results or events to differ materially from those anticipated in such forward-looking
statements. These factors include, but are not limited to, risks related to: the ability of MIQ to execute the
marketing services as anticipated, the effectiveness of the marketing strategy, changes in public perception
and market demand, the outcome of LIBRT's technology development, the implications of terminating the
License Agreement, the availability of financing, regulatory changes, competition, supply chain disruptions,
and other risks detailed in the Co mpany's public filings on SEDAR+. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable, they involve assumptions,
including those regarding the Company's business strategies, anticipated events, financial projections, and
market conditions, which may prove to be incorrect. Accordingly, readers should not place undue reliance
on these forward -looking statements. The Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future events, or otherwise, except
as required by applicable law.