Battery Mineral Resources Corp. Announces Annual Filings Status
Battery Mineral Resources Corp. Announces Annual Filings Status
Vancouver, British Columbia – (May 7, 2025) – Battery Mineral Resources Corp.
(TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) announces
that the Company has been issued a cease trade order (“ CTO”) by the British
Columbia Securities Commission (“BCSC”) for missing the filing deadline of April 30,
2025 for the following periodic disclosure documents (collectively “Annual Filings”):
• the audited annual financial statements for the year ended December 31,
2024;
• the management’s discussion and analysis relating to the audited annual
financial statements for the year ended December 31, 2024; and
• the certification of the foregoing filings as required by National Instrument 52-
109 – Certification of Disclosure in Issuers’ Annual and Interim Filings.
The company has been delayed in making the Annual Filings, in large part due to the
additional analyses required in accounting for certain financing and other transactions
which occurred in 2024, as well as certain tax adjustments. The company anticipates
making the Annual Filings in the near-term and will provide a further update to
shareholders once the Annual Filings have been made . At the time of filing, a news
release will be issued indicating that the Annual Filings have been submitted. Upon
filing the Annual Filings, the Company expects that the CTO will be revoked within
one to two business days (in Canada), as is the customary practice.
Despite the CTO, a beneficial security holder of the Company who is not, and was not
at the date of the CTO, an insider or control person of the Company, may sell
securities of the Company acquired before the date of the CTO if the following apply:
(a) the sale is made through a “foreign organized regulated market”, as defined in
section 1.1 of the Universal Market Integrity Rules of the Investment Industry
Regulatory Organization of Canada; and (b) the sale is made through an investment
dealer registered in a jurisdiction of Canada in accordance with applicable securities
legislation. Holders of the Company's securities are urged to consult with their own
investment advisors or legal counsel about the implications of the CTO.
The Company confirms that, other than as disclosed in prior press releases and
material change reports, there have been no material business developments since
the filing on November 29, 2024 of the Company’s latest interim financial reports for
the period ended September 30, 2024.
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About Battery Mineral Resources Corp.
Battery Mineral Resources’ mission is to build a mid -tier copper producer and has
recently initiated mine and mill operations at the Punitaqui Mining Complex, a historic
copper-gold-silver producer, in the Coquimbo region of Chile. The Company’s
portfolio also consists of two cobalt assets and one lithium asset located in North
America and two graphite assets in South Korea. The Company is focused on
providing shareholders accretive e xposure to copper and the global mega -trend of
electrification while being focused on growth through cash -flow, exploration, and
acquisitions in favorable mining jurisdictions. Further information about BMR and its
projects can be found on www.bmrcorp.com.
For more information, please contact:
Lazaros Nikeas, CEO
Phone: +1 (604) 628-1110
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the
policies of the TSXV) accepts responsibility for the adequacy or accuracy of this
press release.
Forward Looking Statements
This news release includes certain “forward -looking statements” under applicable
Canadian securities legislation. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ materially from
those anticipated in such statements. Forward-looking statements reflect the beliefs,
opinions and projections of the Company on the date the statements are made and
are based upon a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies. Many factors, both
known and unknown, could cause actual results, performance, or achievements to be
materially different from the results, performance or achievements that are or may
be expressed or implied by such forward -looking statements and the parties have
made assumptions and estimates based on or related to many of these factors. Such
factors include, without limit ation, the ability of the Company to obtain sufficient
financing to complete exploration and development activities, the ability of the
Company to timely complete the Annual Filings and revoke the CTO, risks related to
share price and market conditions, the inherent risks involved in the mining,
exploration and development of mineral properties, the ability of the Company to
meet its anticipated development schedule, government regulation and fluctuati ng
metal prices. Accordingly, readers should not place undue reliance on forward-looking
statements. Battery undertakes no obligation to update publicly or otherwise revise
any forward -looking statements contained herein, whether as a result of new
information or future events or otherwise, except as may be required by law.