Battery X Metals Unveils Private Placement for Strategic Growth

Battery X Metals Inc. announced strategic initiatives aimed at enhancing corporate growth and financial stability. The company plans a non-brokered private placement, issuing up to 1,176,471 units at $2.55 per unit, potentially raising $3 million. Each unit includes a common share and a warrant, allowing the purchase of an additional share for $3.00 within 24 months.

The proceeds will be directed towards business initiatives, regulatory costs, and debt settlement, notably supporting the company's strategy in the battery metals sector. Additionally, Battery X Metals aims to settle $850,000 debt with 188,889 common shares, priced at $4.50 each.

The engagement with marketing firm bullVestor is expanded, increasing its budget by €80,000 to boost the company's visibility in the German market. The closing of both the private placement and debt settlement is expected by mid-January 2026.