Battery X Metals Concludes Second Tranche of Private Placement

Battery X Metals Inc., an energy transition resource exploration and technology company, announced the closure of the second tranche of its non-brokered private placement. This tranche consisted of 41,185 units priced at $2.75 each, generating gross proceeds of $113,260.95. Each unit includes a common share and a transferable purchase warrant, allowing the holder to acquire an additional share for $3.00, valid until August 2028.

The funds will advance the company's initiatives, covering corporate development expenses, regulatory matters, and other strategic objectives. The total raised so far, including the first tranche, amounts to C$713,261.45. The remaining tranches are expected to finalize by September 4, 2026, pending regulatory compliance.