Battery Mineral Resources Corp. Announces LIFE Private Placement Offering
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES
Battery Mineral Resources Corp. Announces LIFE Private Placement Offering
Vancouver, British Columbia – (February 9, 2026) – Battery Mineral Resources Corp. (TSXV:
BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is pleased to announce a non-
brokered private placement offering (the “ Offering”) for minimum gross proceeds of
$10,000,000 and up to a maximum of $25,000,000, from the sale of a minimum of
50,000,000 common shares of the Company (“ Shares”) and up to a maximum of
125,000,000 Shares at a price of $0.20 per Share.
The Shares will be issued on a private placement basis pursuant to the Listed Issuer Financing
Exemption under Part 5A of National Instrument 45 -106 – Prospectus Exemptions (“NI 45-
106”), as amended and supplemented by Coordinated Blanket Order 45 -935 – Exemptions
from Certain Conditions of the Listed Issuer Financing Exemption (the “LIFE Exemption”).
Subject to compliance with applicable regulatory requirements and in accordance with NI 45-
106, the Shares sold under the Offering pursuant to the LIFE Exemption will be offered to
purchasers resident in each of the provinces and territories of Canada, except Québec, and
such securities are expected to be immediately freely tradeable and will not be subject to a
hold period under applicable Canadian securities laws. The Shares will also be offered in the
United States by way of private placement pursuant to the exemptions from the registration
requirements provided for under the United States Securities Act of 1933, as amended (the
“U.S. Securities Act”), and in jurisdictions outside of Canada and the United States on a private
placement or equivalent basis, in each case in accordance with all applicable laws, provided
that no prospectus, registration statement or other similar document is required to be filed in
such jurisdiction.
There is an offering document (the “Offering Document”) related to this Offering that can be
accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at
www.bmrcorp.com. Prospective investors should read this Offering Document before making
an investment decision.
The Company may pay finder's fees to eligible finders in connection with the Offering, subject
to compliance with applicable securities laws and TSX Venture Exchange (“TSXV”) policies.
The Company intends to use the net proceeds of the Offering to advance processing plant
operations and planned underground development at the Company’s Punitaqui Mining
Complex located in the Coquimbo region of Chile , and for general working capital purposes.
Details of the Company's intended use of proceeds from the Offering are more fully described
in the Offering Document.
The Offering is expected to close on or about February 20, 2026 and is subject to the Company
receiving all necessary regulatory approvals, including the approval of the TSXV.
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The Offering is separate from and does not amend or replace the previously announced non-
brokered private placement of up to 174,430,850 Shares at a price of $0.20 per share, as
disclosed in the Company’s news release dated January 7, 2026. The Company continues to
pursue completion of the previously announced private placement, subject to the satisfaction
of applicable conditions and TSXV approval.
The 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 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 explor ation
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 infor mation about BMR and its
projects can be found on www.bmrcorp.com.
For more information, please contact:
Lazaros Nikeas, CEO
Phone: +1 (672) 887-5010
Email: [email protected]
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.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. Forward -looking
statements relate to future events or future performance and reflect the exp ectations or
beliefs of management of the Company regarding future events. Generally, forward -looking
statements and information can be identified by the use of forward-looking terminology such
as “intends” or “anticipates”, or variations of such words and phrases or statements that
certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This
information and these statements, referred to herein as "forward ‐looking statements", are
not historical facts, are made as of the date of this news release and include without
limitation, statements regarding discussions of future plans, estimates and forecasts and
statements as to management's expectations and intenti ons with respect to, among other
things: the expected closing date of the Offering; the anticipated proceeds to be raised under
the Offering; the intended use of any proceeds raised under the Offering; the payment of any
finder’s fees in connection with the Offering; the receipt of all required regulatory approvals
for the Offering, including that of the TSXV ; and the terms and completion of the previously -
announced non-brokered private placement.
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These forward ‐looking statements involve numerous risks and uncertainties and actual
results might differ materially from results suggested in any forward -looking statements.
These risks and uncertainties include, among other things: the inability of the Company to
raise the anticipated proceeds under the Offering; the inability of the Company to utilize the
anticipated proceeds of the Offering as anticipated; risks related to global financial markets,
including the trading price of the Company's share s; and the inability to obtain all regulatory
approvals for the Offering or the previously-announced private placement , including that of
the TSXV.
In making the forward looking statements in this news release, the Company has applied
several material assumptions, including without limitation: the Company will be able to raise
the anticipated proceeds under the Offering and on the timetable anticipated ; and the
Company will use the proceeds of the Offering as currently anticipated.
Although management of the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward -looking statements
or forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will
prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers shou ld not place undue reliance on
forward-looking statements and forward -looking information. Readers are cautioned that
reliance on such information may not be appropriate for other purposes. The Company does
not undertake to update any forward -looking state ment, forward -looking information or
financial out -look that are incorporated by reference herein, except in accordance with
applicable securities laws. We seek safe harbor.