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sur Battery X Metals (CVE:BATX)

Battery X Metals Announces $1 Million Private Placement

Battery X Metals Inc., based in Vancouver, has announced a $1 million non-brokered private placement financing. The initiative involves issuing up to 416,666 units at $2.40 each. Each unit includes one common share and one transferable purchase warrant, with the warrant allowing purchase of an additional share at $2.50 within 24 months.

The closure of this private placement is expected around November 6, 2026. Proceeds are slated for advancing business strategies, including corporate development, strategic capital market initiatives, and debt management. Additionally, funds will support the company’s comprehensive battery metals strategy, which encompasses exploration, rebalancing, and recycling efforts aligned with the clean energy transition.

R. P.

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