UBM Announces Share Consolidation

LEGAL_32686030.1

UNITED BATTERY METALS CORP.

CSE: UBM | OTC: UBMCF | FWB: 0UL

For Immediate Release

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN

THE UNITED STATES

UBM ANNOUNCES SHARE CONSOLIDATION

VANCOUVER, BRITISH COLUMBIA, CANADA, February 11, 2020, United Battery Metals Corp.

(CSE: UBM; OTC: UBMCF; FWB: 0UL) (“ UBM” or the “Company ”) announces that it intends to

consolidate its common shares on a seven (7 ) for one (1) basis (the “ Consolidation”). The Company

currently has 25,372,544 common shares issued and outstanding. Following the Consolidation, the

Company will have approximately 3,624,649 common shares issued and outstanding prior to rounding for

fractional shares. Completion of the Consolidation is subject to approval by the Canadian Securities

Exchange.

Upon completion of the Consolidation, a letter of transmittal will be sent by mail to registered shareholders

advising that the Consolidation has taken effect. The letter of transmittal will contain instructions on how

registered shareholders can exchange their share certificates or DRS statements evidencing their pre-

consolidated common shares for new share certificates or new DRS statements representing the number of

post-Consolidation common shares to which they are entitled. No action is required by non-registered

shareholders (shareholders who hold their shares through an intermediary) to effect the Consolidation.

The Company’s common shares are expected to begin trading on a post-Consolidation basis on the CSE

after the CSE issues its final bulletin advising of the effective date of the Consolidation.

The Consolidation was approved by the board of directors of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Michael Dehn”

CEO

For further information, please contact the Company at: (604) 428-9063.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

This news release may include forward -looking statements that are subject to risks and uncertainties. All

statements within, other than statements of historical fact, are to be considered forward looking. Although

the Company believes the expectations expressed in such forward -looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance and actual results or

developments may differ materially from those in forward -looking statements. Factors that could cause

actual results to differ materially from those in forward -looking statements include market prices,

exploitation and exploration successes, continued availability of capital and financing, and general

economic, market or business conditions. There can be no assurances that such statements will prove

accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not

assume any obligation to update any forward -looking statements except as req uired under the applicable

laws.