Battery X Metals Completes Acquisition of LIBRT

Battery X Metals Inc., an energy transition company, has finalized the acquisition of the remaining 51% of Li-ion Battery Renewable Technologies Inc. (LIBRT), effective March 28, 2025. The purchase, paid through the issuance of 3,030,296 common shares, allows Battery X Metals to consolidate full ownership of LIBRT, supporting its strategic vision.

LIBRT, since Battery X's initial 49% acquisition in 2024, has achieved key technological milestones and fortified ties with Beijing Pengneng Science & Technology Ltd. This acquisition is aligned with Battery X Metals' strategy to create a sustainable battery supply chain by focusing on exploration, material recovery, and battery diagnostics.

With this full ownership, Battery X Metals aims to enhance sustainable innovation through its diversified approach, which includes the exploration of critical battery metals, eco-friendly material recovery, and the advancement of LIBRT's diagnostic technology to extend the lifespan of EV and lithium-ion batteries. This move positions the company as a proactive player in addressing material shortages in the battery industry.