Battery X Metals Announces Private Placement Financing to Advance Corporate Growth and Strategic Initiatives to Strengthen Financial Position and Enhance Capital Markets Presence
Battery X Metals Announces Private Placement Financing to Advance Corporate
Growth and Strategic Initiatives to Strengthen Financial Position and Enhance
Capital Markets Presence
VANCOUVER, British Columbia – January 6, 2026 – Battery X Metals Inc.
(CSE:BATX)(OTCQB:BATXF)(FSE:5YW0, WKN:A41RJF) (“Battery X Metals” or the “Company”) an energy
transition resource exploration and technology company, announces a series of strategic initiatives
intended to advance the Company’s corporate grow th objectives, strengthen its balance sheet, and
enhance its capital markets presence and corporate awareness.
Private Placement to Advance Strategic Corporate Growth Initiatives
The Company announces a proposed non-brokered private placement financing (the “ Private
Placement”), consisting of the issuance of an aggregate of up to 1,176,471 units of the Company (each, a
“Unit”), at a price of $2.55 per Unit for aggregate gross proceeds of up to $3,000,000.
Each Unit will consist of one common share in the capital of the Company (each, a “ Share”) and one
transferable common share purchase wa rrant of the Company (each, a “ Warrant”), with each Warrant
entitling the holder to acquire one additional Share (each, a “ Warrant Share ”) at a price of $3.00 per
Warrant Share for a period of 24 months from the date of closing.
Closing of the Private Placement is anticipated to close on or ab out January 16, 2026, and is subject to
compliance with the policies of the Canadian Securities Exchange.
The net proceeds of the Private Placement are intended to be allocated towards advancing the Company’s
business initiatives, including expenses related to corporate development an d regulatory matters in
connection with strategic capital markets initiati ves, the payment of outstanding payables and
indebtedness, corporate awareness, and general working capital purposes. These proceeds are expected
to support the Company’s integrated 360° strategy across the battery me tals value chain, encompassing
exploration, rebalancing, and recycling, and the continued advancement of next-generation solutions that
contribute to the global clean energy transition. The securities issued under the Private Placement will be
subject to a statutory hold period expiring four months and one day from the date of issuance.
Initiative to Strengthen Financial Position
The Company announces that it intends to settle outstanding indebtedness in an aggregate amount of up
to $850,000 (the “Debt Settlement”) owing to certain creditors of the Company. The Debt Settlement is
anticipated to be satisfied thro ugh the issuance of an aggregate of 188,889 common shares of the
Company (each, a “Debt Share”) at a deemed price of $4.50 per Debt Share. The securities issued under
the Debt Settlement will be subject to a statutory hold period expiring four months and one day from the
date of issuance. Closing of the Debt Settlement is expected to occur on or around January 16, 2026.
Amendment to Corporate Awareness Engagement
The Company announces that, further to its news release dated November 21, 2025, it has increased the
budget of its previously announced corporate awar eness engagement with bullVestor Medien GmbH
(“bullVestor”) to provide marketing services for a period of three (3) months, commencing on November
21, 2025.
bullVestor is arm’s length to the Company. Under the terms of the engagement, bullVestor will be
responsible for strategic planning, procurement and implementation of native advertising campaigns
across premium financial advertising networks, as we ll as overseeing progress and reporting on results
throughout the campaign. The objective of the engagement is to increase awareness of the Company and
its business among the German investment community.
The Company has agreed to pay bullVestor an a dditional fee of €80,000 (approximately CAD $129,000),
payable on or before January 7, 2026. As previously disclosed, the original fee paid by the Company was
€150,000 (approximately CAD $245,000). No stock opti ons have been granted to bullVestor under the
terms of the engagement. To the knowledge of the Company, as of the date of this announcement,
bullVestor and its principals do not, directly or indirectly, own any common shares or other securities of
the Company. Contact information: Helmut Pollinge r, Gutenhofen 4, 4300 St. Valentin, Österreich, +43
7435 54077-0, [email protected].
Insiders may participate in the Private Placement and Debt Settlement, and such participation may
constitute a related party transaction under Multilateral Instrument 61-101 – Protection of Minority
Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from
the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a)
and 5.7(a) of MI 61-101 on the basis that participation in the Debt Settlement by insiders will not exceed
25% of the fair market value of the Company’s market capitalization.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the
United States, nor shall there be any sale of the se curities in any jurisdicti o n i n w h i c h s u c h o f f e r ,
solicitation or sale would be unlawful. The securiti es being offered have not been, nor will they be,
registered under the U.S. Securiti es Act of 1933, as amended (the “ 1933 Act”), or under any U.S. state
securities laws, and may not be offered or sold in the United States absent regist ration or an applicable
exemption from the registration requirements of the 1933 Act and applicable state securities laws.
About Battery X Metals Inc.
Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW0, WKN: A41RJF) is an energy transition resource
exploration and technology company committed to advancing domestic batte ry and critical metal
resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360°
approach to the battery metals industry, the Compan y 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 securities laws.
Forward-looking statements in this release rela te to, among other things: the proposed Private
Placement, including the size, terms, timing, pricing, and anticipated closing thereof, including the
potential closing of the Private Placement in one or more tranches; the anticipated use of proceeds from
the Private Placement; the Company’s ability to sa tisfy any comments from the Canadian Securities
Exchange in connection with the Private Placement and the Debt Settlement; the proposed settlement of
outstanding indebtedness, including the amount, timing, pricing, and completion of the Debt Settlement;
the participation of insiders in the Private Plac ement and Debt Settlement and the availability of
exemptions under MI 61-101; the Company’s ability to strengthen its balance sheet and improve its
financial position through the Private Placement and Debt Settlement; the continuation and anticipated
benefits of the Company’s corporate awareness enga gement with bullVestor; the Company’s ability to
meet its payment obligations under the amended mark eting engagement, subjec t to the availability of
capital resources; the expected impact of the corporate awareness campaign on investor awareness and
capital markets presence; the Company’s broader corporate growth objectives, capital markets initiatives,
and strategic priorities; and the allocation of ca pital to support the Company’s integrated business
strategy across battery metals exploration, batter y rebalancing technologies, and battery recycling
solutions. Forward-looking statements are based on management’s current expectations, estimates,
assumptions, and projections that are believed to be reasonable as of the date of this news release.
However, such statements are inherently subject to known and unknown risks, uncertainties, and other
factors that may cause actual results, performance, or achievements to differ materially from those
expressed or implied by such forward-looking statem ents. These risks and uncert ainties include, but are
not limited to: the risk that the Private Placement or Debt Settlement may not be completed on the terms
described herein or at all; the risk that regulatory approvals may not be obtained in a timely manner or at
all; market conditions and investor demand; fluctuatio ns in capital markets; the availability of sufficient
funds to meet ongoing obligations, including marketing commitments; changes in the Company’s business
plans, priorities, or capital allocation strategies; the risk that the corporate awareness campaign may not
generate the anticipated level of investor interest or trading liquidity; general economic, market, and
geopolitical conditions; and other risks disclosed in the Company’s public disclosure filings. Forward-
looking statements reflect management’s beliefs, assu mptions, and expectations only as of the date
hereof and are not guarantees of future performanc e. There can be no assurance that the Private
Placement or Debt Settlement will be completed as proposed, that the Company will realize the
anticipated benefits of its capital markets initiatives, or that the corporate awareness engagement will
achieve its intended objectives. Except as required by applicable securities laws, the Company undertakes
no obligation to update or revise any forward-look ing information to reflect new information, future
events, or otherwise. Readers are cautioned not to place undue reliance on forward-looking statements
and are encouraged to consult the Company’s continuous disclosure filings available under its profile at
www.sedarplus.ca for additional risk factors and further information.