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Battery X Metals Reports Estimated Driving Range Increase of ~135 Kilometers After Battery Rebalancing Procedure of Previously Inoperable Light-Duty Electric Vehicle with Severe Battery Cell Imbalance in Preliminary Performance Trial

Battery X Metals Reports Estimated Driving Range Increase of ~135

Kilometers After Battery Rebalancing Procedure of Previously Inoperable Light-

Duty Electric Vehicle with Severe Battery Cell Imbalance in Preliminary

Performance Trial

News Release Highlights:

1. Battery X Metals successfully restored meaningful real-world driving range to a previously

inoperable light-duty electric vehicle, demonstrating an average post-rebalancing driving distance

of approximately 135.9 kilometers per charge following deployment of its patent-pending, second-

generation lithium-ion battery rebalancing platform.

2. The preliminary rebalancing trial materially narrowed the cell-level voltage differential within a

severely degraded 144-cell NMC lithium-ion battery pack, achieving post-rebalancing alignment of

approximately 0.27 volts between the highest and lowest cells, compared to a difference of

approximately 0.63 volts prior to rebalancing, reflecting a meaningful restoration of pack-level

balance and supporting improved effective utilization of the battery pack’s available capacity,

without replacing cells.

3. The results provide strong technical and commercial validation of Battery X Metals’ proprietary

solution an effective pathway to extend remaining useful battery life and reduce total cost of

ownership for electric vehicle fleets facing out-of-warranty battery degradation.

VANCOUVER, British Columbia – January 13, 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 that its wholly-owned subsidiary, Battery X Rebalancing

Technologies Inc. (“ Battery X Rebalancing Technologies ”), has successfully completed a lithium-ion

battery rebalancing procedure and real-world driving trial that demonstrated a significant increase in

estimated driving range for a fully electric Class 3 commercial vehicle, or light-duty electric vehicle (the

“Electric Truck”), following a full battery rebalancing process using the Company’s patent-pending,

second-generation lithium-ion battery rebalancing hardware and software platform (the “Rebalancing

Machine”).

As part of its ongoing performance validation program for the Rebalancing Machine, the Company

recently conducted a series of real -world road tests on a rebalanced Electric Truck to evaluate post -

rebalancing driving range and battery efficiency. The Electric Truck was supplied to the Company by an

arms’ length owner of the Electric Truck (the “Electric Truck Owner”) and, as represented by the Electric

Truck Owner and observed by the Company, had previously demonstrated a significantly degraded driving

range of approximately 0.1 kilometers (~100 meters) per full charge prior to becoming effectively

inoperable due to significant natural cell imbalance caused by real-world conditions.

In response to this battery capacity performance deficiency, the Company performed a battery

rebalancing procedure on the Electric Truck utilizing the Rebalancing Machine . During the preliminary

rebalancing trial (the “Rebalancing”), the Company successfully completed a full rebalancing process on

a 144-cell lithium-ion battery pack composed of lithium nickel manganese cobalt oxide (NMC) chemistry,

which had exhibited substantial imbalance attributable to real- world operating conditions. The

Rebalancing materially narrowed the cell-level voltage differential, achieving post-rebalancing alignment

of approximately 0.27 volts between the highest and lowest cells, compared to a difference of

approximately 0.63 volts prior to rebalancing, with residual variance attributable in part to certain cells

exhibiting accelerated self-discharge characteristics observed during the procedure. This convergence of

cell-level voltages reflects a meaningful restoration of battery pack-level balance and supports improved

effective utilization of the battery pack’s available capacity, as described herein.

The Results

Following completion of the rebalancing procedure, the Company conducted a series of controlled real-

world driving performance evaluations (each, a “Trial” and together, the “Battery Range Performance

Trials”) on the Electric Truck for the purpose of assessing post-rebalancing driving performance under

actual operating conditions. In the first Trial, conducted under mixed city and highway driving conditions,

the Electric Truck traveled a total distance of approximately 138.8 kilometers, commencing at

approximately 87% state of charge and concluding at approximately 10% state of charge. In the second

Trial, the vehicle traveled approximately 140.6 kilometers under similarly mixed driving conditions,

commencing at approximately 99% state of charge and again concluding at approximately 10% state of

charge. In the third Trial, also conducted under mixed city and highway driving conditions, the Electric

Truck traveled approximately 128.3 kilometers, commencing at approximately 99% state of charge and

concluding at approximately 10% state of charge (together, the “Results”). As all Trials were concluded at

approximately 10% state of charge, the measured distances reflect a conservative estimate of driving

performance, and the Electric Truck may have achieved additional driving range beyond the Results, which

was not evaluated during the Battery Range Performance Trials.

Battery Range Performance Trial Results Summary

Trial Trial

Duration

Start State of

Charge (SOC)

End State of

Charge (SOC)

Distance

Traveled (km)

Driving Conditions

Trial 1 ~4 days ~87% ~10% 138.8 Mixed city and highway

Trial 2 ~4 days ~99% ~10% 140.6 Mixed city and highway

Trial 3 ~3 days ~99% ~10% 128.3 Mixed city and highway

Average (Post-

Rebalancing)

— — — ~135.9 —

The Results demonstrate a significant improvement in the estimated driving range and effective battery

capacity of the Electric Truck following completion of the rebalancing procedure. Specifically, post-

rebalancing performance testing indicates an average estimated driving range of approximately 135.9

kilometers per charge under real-world operating conditions. These results represent an increase of up to

approximately 135.8 kilometers in driving range compared to the Electric Truck’s severely degraded pre-

rebalancing condition, in which the Electric Truck demonstrated a driving range of approximately 0.1

kilometers per charge. The Results affirm the technical efficacy and commercial relevance of Battery X

Rebalancing Technologies’ proprietary rebalancing process and support its broader applicability across

light-duty electric vehicle fleets and other commercial electric transportation use cases.

The Battery Range Performance Trials were performed under no -load conditions; it is relevant to note

that payload can have an effect on energy consumption and overall driving range. This consideration is

consistent with widely recognized industry dynamics and is disclosed to provide a complete and

transparent understanding of factors that may influence real-world vehicle performance. Range may vary

based on payload, terrain, driving behavior, and other operational conditions.

These performance outcomes further validate the effectiveness and market relevance of Battery X

Rebalancing Technologies’ proprietary rebalancing solution in restoring degraded battery capacity and

materially extending the remaining useful life of commercial electric vehicle batteries. The Company

believes these results provide compelli ng technical validation in support of the Rebalancing Machine’s

broader commercial deployment, particularly in fleet environments where range reliability, battery

lifespan longevity, and total cost of ownership are mission-critical considerations.

The Problem: Rising EV Adoption Presents New Battery Lifecycle Challenges

In 2024, global EV sales reached approximately 17.1 million units, representing a 25% increase from 20231.

With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units 2, a

significant share of the global EV fleet is expected to exit warranty coverage over the coming years.

By 2031, nearly 40 million electric, plug -in hybrid, and hybrid vehicles worldwide are anticipated to fall

outside of their original warranty coverage3,4. This projection is based on current EV adoption figures and

standard industry warranty terms, and underscores a growing risk for EV owners facing battery

degradation, reduced capacity, and costly replacement requirements5. As the global EV fleet continues to

expand, the demand for technologies that extend battery life, reduce long -term ownership costs, and

support a sustainable transition to electric mobility is increasing.

The Solution: Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity

Battery X Rebalancing Technologies’ proprietary software and hardware technology aims to address this

challenge by extending the lifespan of EV batteries. This innovation is being developed with the aim to

enhance the sustainability of electric transportation and the goal to provide EV owners with a more cost-

effective, environmentally friendly ownership experience by reducing the need for costly battery

replacements.

Battery X Rebalancing Technologies’ rebalancing technology, validated by the National Research Council

of Canada (“NRC”), focuses on battery cell rebalancing. The NRC validation demonstrated the technology’s

ability to effectively correct cell imbalances in lithium-ion battery packs, recovering nearly all lost capacity

due to cell imbalance. The validation was conducted on battery modules composed of fifteen 72Ah

LiFePO₄ cells connected in series. The cells were initially balanced to a uniform state of charge (SOC), with

a measured discharge capacity of 71.10Ah. In the validation test, three of the fifteen cells were then

artificially imbalanced—one cell was charged to a 20% higher SOC, and two cells were discharged to a 20%

lower SOC—resulting in a reduced discharge capacity of 46.24Ah, representing a decrease of

approximately 35%. Following rebalancing using Battery X Rebalancing Technologies’ rebalancing

technology, the battery module’s discharge capacity was restored to 70.94Ah, representing the recovery

of approximately 99% of the capacity lost due to cell imbalance.

These advancements establish Battery X Rebalancing Technologies as a participant in lithium -ion and EV

battery solutions, aiming to tackle the critical challenges of capacity degradation of battery packs and

expensive replacements. By extending the lifecycle of battery materials within the supply chain, Battery X

Rebalancing Technologies aims to support the energy transition and promote a more sustainable future.

Amendment to Agreement with Global Top 20 University

The Company also announces that, further to its news release dated November 25, 2025, it has entered

into an amendment (the “Amendment Agreement”) to its previously announced collaborative research

agreement with a globally ranked Top 20 university (the “Global Top 20 University”), with such

amendment effective as of December 30, 2025 (the “Effective Date”).

The collaborative research agreement is part of an ongoing strategic research partnership focused on

advancing the development and validation of the Company’s proprietary, eco-friendly froth-flotation

technology for the recovery of critical battery materials from end-of-life lithium-ion batteries. The

collaboration builds on prior laboratory work conducted with the Global Top 20 University that resulted

in a preliminary lab-scale breakthrough, including the identification of a new solvent and a two-stage re-

flotation process that significantly improved material separation efficiency, achieving graphite recoveries

exceeding 98% and metal-oxide purities of up to approximately 95–96% under mild and environmentally

responsible conditions.

Pursuant to the Amendment Agreement, the contract period has been extended to January 12, 2027, and

the payment schedule has been amended to confirm that the initial payment of CAD $60,000 has been

paid in full, with the remaining aggregate amount payable in three (3) instalments of CAD $54,853.34,

CAD $54,853.33, and CAD $54,853.33, due three (3), six (6), and nine (9) months, respectively, following

the Effective Date of the Amendment Agreement.

The Amendment Agreement continues to support further laboratory optimization, expanded testing

across additional battery chemistries, and the generation of data intended to inform potential future pilot-

scale development, while maintaining the existing intellectual property, confidentiality, and governance

provisions previously disclosed. All other terms and conditions of the collaborative research agreement

remain unchanged and in full force and effect.

1 Rho Motion – Global EV Sales 2024, 2 IEA Global EV Outlook 2024, 3 IEA, 4 U.S. News, 5 Recurrent Auto

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 battery and critical 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 securities laws.

Forward-looking statements in this release relate to, among other things: the interpretation and

significance of the results of the preliminary battery rebalancing trial and the Battery Range Performance

Trials; the estimated and observed post-rebalancing driving range performance of the Electric Truck; the

implications of the observed narrowing of the cell-level voltage differential and convergence of cell-level

voltages for battery pack-level balance, effective battery capacity utilization, and remaining useful battery

life; the ability of Battery X Rebalancing Technologies’ proprietary rebalancing process to restore

degraded battery performance without replacing cells; the potential additional driving range that may

exist beyond the approximately 10% state of charge at which the Battery Range Performance Trials were

concluded; the repeatability, scalability, and commercial relevance of the rebalancing results across other

battery packs, vehicles, chemistries, and operating conditions; the applicability of the Company’s

rebalancing technology to light-duty and commercial electric vehicle fleets; the anticipated technical and

commercial benefits of the Company’s rebalancing solution, including reduced total cost of ownership for

electric vehicle operators; the continued development, validation, and potential commercial deployment

of the Rebalancing Machine; the anticipated benefits, outcomes, and timing of the Company’s proprietary

battery rebalancing and recycling technologies; the ongoing collaborative research program with a

globally ranked top 20 university, including further laboratory optimization, expanded testing across

additional battery chemistries, potential future pilot-scale development, and the expected outcomes

thereof; and the Company’s broader objectives relating to lithium-ion battery longevity, sustainability,

critical battery material recovery, and the energy transition. 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, including assumptions regarding lithium-ion battery

behavior, chemistry, degradation patterns, and self-discharge characteristics; real-world operating

conditions; the representativeness of the Electric Truck and battery pack evaluated; the accuracy and

reliability of onboard vehicle diagnostics, third-party data, and testing methodologies; the continued

performance of the Company’s rebalancing technology under varied operating conditions; the

continuation of collaborative research activities on current terms; and the Company’s ability to further

develop, test, manufacture, and deploy its technologies at scale. 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 statements. These risks and uncertainties include, but are not limited to: variability in battery

condition, age, usage history, degradation characteristics, and self-discharge behavior across different

battery packs and chemistries; differences in payload, terrain, driving behavior, environmental conditions,

and duty cycles; the fact that the Battery Range Performance Trials were conducted under no-load

conditions and concluded at approximately 10% state of charge, such that real-world range and

performance may vary; the possibility that additional driving range beyond that measured in the Trials

may not be consistently achievable; challenges in replicating trial results across broader vehicle fleets;

limitations arising from severely degraded or non-uniform battery cells; technical, manufacturing, or

operational challenges; delays or failures in entering into commercial, manufacturing, fleet deployment,

or research arrangements; uncertainties related to laboratory-scale results translating to pilot-scale or

commercial-scale outcomes; regulatory, legal, or operational constraints; market adoption risks; and risks

generally associated with early-stage clean-technology companies. There can be no assurance that the

results described herein will be replicated in future trials or commercial deployments, that any additional

driving range beyond that measured in the Battery Range Performance Trials will be realized, that

anticipated research outcomes or pilot-scale developments will occur, or that the Company or Battery X

Rebalancing Technologies will generate revenue or achieve commercial adoption of the rebalancing or

recycling technologies. Except as required by applicable securities laws, the Company undertakes no

obligation to update or revise any forward-looking 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.