Green, Clean, Reduce, Reuse, Recharge! GREEN BATTERY MINERALS Closes $2,316,000 Non-Brokered Private Placement

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

Green, Clean, Reduce, Reuse, Recharge!

GREEN BATTERY MINERALS

Closes $2,316,000 Non-Brokered Private Placement

November 25, 2021, VANCOUVER, B.C. Green Battery Minerals Inc. (“Green Battery” or the

“Company”) (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) is pleased to announce that

it has completed its previously announced non-brokered private placement (the “Offering”), as described

in its News Releases of November 9, 2021, November 16, 2021 and November 23, 2021, pursuant to which

it has issued an aggregate of 15,444,001 flow-through units (each, a “FL Unit”) at a price of $0.15 per FL

Unit, for gross proceeds of $2,316,600. Each FL Unit will cons ist of one common share in the capital of

the Company that is issued on a flow-through basis in accordance with the Income Tax Act (Canada) (each,

a “FL Share”) and one half of one share purchase warrant (each whole warra nt, a “Warrant”), with each

Warrant entitling the holder thereof to purchase one (non-flow-through) common share in the capital of the

Company (each, a “ Warrant Share”) at a price of $0.20 per Warrant Share for a period of twenty four

months following issuance.

The Company paid cash finder’s f ees of $140,928 and issued 613,332 broker warrants (each, a “Broker’s

Warrant”) and 326,186 common shares to certain finders in connection w ith the Offering. The Broker’s

Warrants have the same terms and conditions as the Warrants.

The proceeds from the Offering are expected to be used for Canadian exploration expenses and will qualify

as flow-through mining expenditures, as defined in Subsection 1 27(9) of the Income Tax Act (Canada),

which will be renounced to the subscribers with an effective da te no later than December 31, 2021, to the

initial purchasers of the FL Units in an aggregate amount not l ess than the gross proceeds raised from the

issue of the flow-through shares, as applicable, and, if the qu alifying expenditures are reduced by the

Canada Revenue Agency, the Company will indemnify each subscriber for any additional taxes payable by

such subscriber as a result of the Company’s failure to renounce the qualifying expenditures as agreed. Net

proceeds will be used for costs associated with the continued e xploration/drill program and reports for a

planned PEA for the Berkwood Graphite project.

The securities issued under the Offering, and the shares that m ay be issuable on exercise of the Warrants

and the Broker’s Warrants, are subject to a statutory hold peri od expiring four months and one day from

the date of closing.

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None of the securities to be issued in connection with the Offe ring will be or have been registered under

the United States Securities Act of 1933, as amended (the “1933 Act”), and none may be offered or sold in

the United States absent registration or an applicable exemptio n from the registration requirements of the

1933 Act. This press release is being issued pursuant to Rule 135c of the 1933 Act and shall not constitute

an offer to sell or a solicitation of an offer to buy, nor shal l there be any sale of the securities, in any state

where such offer, solicitation or sale would be unlawful. 

About the Company: Green Battery Minerals is managed by a team with over 150 years of collective

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 gra phite for electric vehicles increases

significantly.

On Behalf of the Board of Directors

Green Battery Minerals lnc.

‘Thomas Yingling’

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 and expend

the funds on Berkwood Graphite Project exploration and that the expenditures will qualify as flow-through mining

expenditures. 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 , along with the tax treatment of the flow-through shares.

Risks and uncertainties include that the expenditures may not be qualified mining expenditures and that the shares

will not be eligible for flow-through treatment, that the Company does not incur sufficient expenditures in a timely

manner for the flow-through credits, 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

effective may not prove to be in practice or on our clai ms; economic, competitive, governmental, environmental and

technological factors may aff ect the Company's operations, markets, pr oducts and prices; our specific plans and

timing drilling, field work and other plan s may change; and 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. 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 prof ile 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, estimates and assumptions, which may prove to be incorrect.

Except as required by law, we will not update these forward-looking statement risk factors.

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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.