Battery Mineral Resources Corp. Announces Non-Brokered Private Placement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES
Battery Mineral Resources Corp. Announces Non-Brokered Private Placement
Vancouver, British Columbia – (January 7, 2026) – Battery Mineral Resources Corp. (TSXV:
BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is pleased to announce that it
intends to complete a non -brokered private placement of 174,430,850 common shares of
the Company (“Common Shares”) at a price of C$0.20 (USD$0.145) per Common Share for
aggregate gross proceeds of approximately $ 34,886,170 (USD$25,300,000) (the “Private
Placement”).
The net proceeds of the Private Placement will be used by the Company for general working
capital purposes.
Completion of the Private Placement is subject to receipt of all necessary regulatory approvals,
including acceptance by the TSX Venture Exchange. All securities issued in connection with
the Private Placement will be subject to a four-month hold period from the date of issuance in
accordance with applicable Canadian securities laws, in addition to such other restrictions as
may apply under applicable securities laws of jurisdictions outside Canada. No finder’s fees
are payable in connection with the Private Placement.
The foregoing securities being offered have not been and will not be registered under the U.S.
Securities Act and may not be offered or sold in the United States, or to, or for the account or
benefit of, U.S. persons or persons in the United States, absent registration or an applicable
exemption from the registration requirements. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any
state in which such offer, solicitation or sale would be unlawful.
About Battery Mineral Resources Corp.
Battery Mineral Resources operates the Punitaqui Mining Complex, a historic copper , gold,
and silver-producing mine in the Coquimbo region of Chile. The Company’s portfolio also
includes 100%-owned ESI Energy Services Inc. and North American mineral exploration
assets. The Company is focused on providing shareholders with accretive exposure to copper
and the global trend of electrification while targeting 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.
- 2 -
1393-3449-5258, v. 3
For more information, please contact:
Lazaros Nikeas, CEO
Phone: +1 (672) 887-5010
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 securities
laws. Forward-looking statements in this news release include, but are not limited to,
statements regarding the terms of the Private Placement, the anticipated use of proceeds of
the Private Placement , and the Company obtaining regulatory approvals, including
acceptance by the TSX Venture Exchange. 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 estim ates 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. Accordingly, readers should not place undue reliance on forward-looking statements.
The Company 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. For further information regarding the risks
please refer to the risk factors discussed in the Company ’s most recent Management
Discussion and Analysis filed on SEDAR+.