Battery X Metals Streamlines Exploration Asset Portfolio

BaƩery X Metals Streamlines ExploraƟon Asset Porƞolio

VANCOUVER, BriƟsh Columbia – July 4, 2025 – BaƩery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW,

WKN:A40X9W) (“BaƩery X Metals ” or the “ Company”) an energy transi Ɵon resource explora Ɵon and

technology company, announces that it has voluntarily relinquished four single-cell mining claims (the

“Claims”) associated with its gold and copper Belanger Project (the “ Belanger Project”), located in the

Red Lake Mining Division of northwestern Ontario.

The Claims, numbered 593858 through 593861, represent a total area of approximately 81.3 hectares

(ha). As a result, the Belanger Project’s total area has been reduced from approximately 2,214.9 ha to

approximately 2,133.6 ha.

Following the decision to relinquish the Claims, the Belanger Project now comprises 105 con Ɵguous,

unpatented single-cell mining claims, covering approximately 2,133.6 ha. This strategic decision reflects

the Company’s ongoing efforts to opƟmize its asset porƞolio and allocate capital toward higher-potenƟal

projects.

The Company applied for and has been granted an extension (the “ Extension”) of Ɵme by the Ontario

Ministry of Energy and Mines, rela Ɵng to explora Ɵon work on the Belanger Project. The Company also

maintains a NI 43-101 Technical Report on the Belanger Project.

The Extension allows the Company addiƟonal flexibility to revisit exploraƟon plans for the Belanger Project

while it concentrates efforts on its ba Ʃery metals ini ƟaƟves as part of its broader strategic focus on

building a 360° presence across the ba Ʃery metals value chain. Under the Extension, the Company now

has un Ɵl April 18, 2026, to complete two years’ worth of explora Ɵon expenditures on the property,

totaling a minimum of $62,698. The original required expenditure of $31,349 was due by April 18, 2025.

The Company is currently undertaking a comprehensive review of its strategic op Ɵons and budgetary

prioriƟes for the Belanger Project. This includes a measured evaluaƟon of the project’s long-term potenƟal

within the context of its evolving asset por ƞolio and forward- looking ini ƟaƟves across the ba Ʃery

materials ecosystem.

Management remains commiƩed to a disciplined, value-oriented approach to capital deployment and is

considering strategic pathways for the Belanger Project. The Company will provide further updates as it

determines the most appropriate path forward within its overall corporate and baƩery metals strategy.

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.

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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 securi Ɵes laws.

Forward-looking statements in this release include statements regarding the Company’s strategic

decisions related to the Belanger Project, including the current decision to relinquish the Claims, the

extension granted by the Ontario Ministry of Energy and Mines, planned explora Ɵon expenditures and

Ɵmelines, the evalua Ɵon of strategic op Ɵons for the Belanger Project, the Company’s broader strategic

focus on the baƩery metals value chain and the acƟons undertaken in furtherance of the Company’s 360°

strategy. Forward- looking statements reflect management’s current beliefs, expecta Ɵons, and

assumpƟons based on available informaƟon as of the date of this release. However, these statements are

subject to known and unknown risks, uncertain Ɵes, and other factors that could cause actual results,

performance, or achievements to differ materially from those expressed or implied by such forward-

looking statements. These risks include, but are not limited to, the risk that explora Ɵon or development

plans for the Belanger Project may change or not materialize, and general economic, market, and

regulatory condiƟons. 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 BaƩery X Metals

disclaims any inten Ɵon or obliga Ɵon to update or revise such statem ents, except as required by law.

Investors are cauƟoned not to place undue reliance on these forward-looking statements.