GEM) (OTC: CZSVF) announces that the board of directors have adopted a Share Incentive Plan for purposes of attracting, retaining and motivating key individuals. The Share Incentive Plan permits such number of options to be
2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8
Phone: (438) 469-0705
#1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone:
(604) 343-7740
Email: [email protected]
Website: www.greenbatteryminerals.com
VANCOUVER, BRITISH COLUMBIA – July 4, 2022 – Green Battery Minerals Inc. (the "Company") (TSXV:
GEM) (OTC: CZSVF) announces that the board of directors have adopted a Share Incentive Plan for purposes of
attracting, retaining and motivating key individuals. The Share Incentive Plan permits such number of options to be
granted equal to up to 10% of the Company’s issued and outstanding common shares from time to time (a rolling
plan) together with 1,000,000 shares (fixed number) available for issuance pursuant to share units and deferred share
units. The Share Incentive Plan will replace the current Stock Option Plan. The Share Incentive Plan is subject to the
final approval of the TSX Venture Exchange and disinterested shareholder approval. The Share Incentive Plan will be
presented to shareholders at the annual and special general meeting scheduled for August 24, 2022 and mailed to
shareholders with the information circular.
About the Company: Green Battery Minerals is managed by a team with over 150 years of coll ective experience
with a proven track record of not just finding numerous mines but building and operating them as well. The Green
Battery Minerals management team’s most recent success is discovering the Berkwood graphite deposit in Northern
Québec. Green Battery Minerals owns 100% of this asset and the Company’s shareholders will benefit from this asset
as the demand for graphite for electric vehicles increases significantly.
On Behalf of the Board of Directors
Green Battery Minerals lnc.
President, CEO & Director
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740
[email protected] www.greenbatteryminerals.com
Disclaimer for Forward-Looking Information:
Certain statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Forward looking statements in this news release include that the Company will carry out the
drill program described in this news release, conduct the Offering and expend funds on Berkwood Graphite Project exploration. It is important to
note that the Company’s actual business outcomes and exploration results could differ materially from those in such forward-looking statements.
Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further
expenditure; there may not be an economic mineral resource; methods we thought would be eff ective may not prove to be in practice or on our
claims; economic, competitive, governmental, environmental and technological factors may affect the Company’s operations, mar kets, products
and prices; our specific plans and timing drilling, field work and other plans may change; we may not have access to or be able to develop any
minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise suf ficient funds to carry
out our plans. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis
for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedar.com. No assurance can be given that
any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
These forward -looking statements reflect management’s current views and are based on certain expectations, estim ates and assumptions, which
may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.