Original News Release
Battery X receives $1.56-million from warrant exercise
Mr. Massimo Bellini Bressi reports
BATTERY X METALS ANNOUNCES OVER $1.5 MILLION IN PROCEEDS FROM WARRANT EXERCISES, STRENGTHENING CAPITAL POSITION
Battery X Metals Inc. has successfully executed a key component of its capital strategy. Between Jan. 7, 2025, and March 2, 2025, a total of 1,635,334 common share purchase warrants were exercised at a price of 25 cents, generating gross proceeds of $408,833.50. In addition, between April 4, 2025, and Sept. 2, 2025, 15,387,030 common share purchase warrants were exercised at a price of 7.5 cents, generating an additional $1,154,027 in gross proceeds.
The warrant exercises have resulted in a total of $1,562,860.50 in capital inflows and underscore the effectiveness of the company's internal financing initiatives.
The warrant exercises, which took place over approximately nine months, directly support Battery X Metals' objective of strengthening its capital position through internally generated proceeds. Management believes the strong participation reflects shareholder alignment with the company's vision and growing market confidence in its long-term business objectives and strategy.
"Management is very pleased with the level of warrant exercise participation achieved during this period," said Massimo Bellini Bressi, chief executive officer of Battery X Metals. "The proceeds from the warrant exercises have reinforced our financial position and provided additional internally generated capital to support our integrated 360-degree approach to the battery metals value chain, spanning exploration, rebalancing and recycling, with a continued focus on developing next-generation solutions that advance the clean energy transition."
About Battery X Metals Inc.
Battery X Metals is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360-degree approach to the battery metals industry, the company focuses on exploration, life span extension and recycling of lithium-ion batteries and battery materials.
We seek Safe Harbor.
View at source ↗