Battery Mineral Resources Corp. Announces LIFE Private Placement Offering

Executive Summary

• Battery Mineral Resources Corp. announced a non‑brokered private placement to raise between $10 M and $25 M by selling up to 125 million common shares at $0.20 per share.
• Net proceeds are earmarked for advancing processing plant operations, underground development at the Punitaqui Mining Complex in Chile, and general working capital.
• The offering is expected to close on or about February 20 2026, subject to regulatory approvals including TSXV consent.

Key Details

• Offering Size: Minimum gross proceeds of $10 M; maximum of $25 M.
• Shares Offered: Minimum 50 million shares; up to a maximum of 125 million shares at $0.20 per share.
• Pricing: Fixed price of $0.20 per common share.
• Exemptions Used: Listed Issuer Financing Exemption (NI 45‑106) and Coordinated Blanket Order 45‑935; U.S. securities offered under exemptions from the 1933 U.S. Securities Act.
• Geographic Availability: Offered to investors in all Canadian provinces/territories except Québec; also available to U.S. and other international investors via applicable private placement exemptions.
• Use of Proceeds:
• Advance processing plant operations at Punitaqui Mining Complex (Chile).
• Fund planned underground development at the same complex.
• General working capital purposes.
• Closing Date: Expected on or about February 20 2026, pending all required regulatory approvals.
• Regulatory Conditions: Subject to TSXV approval and other applicable securities law requirements.
• Finder’s Fees: Company may pay finder's fees to eligible finders in compliance with securities laws and TSXV policies.
• Relation to Prior Offering: This placement is separate from, and does not amend or replace, the previously announced non‑brokered private placement of up to 174,430,850 shares at $0.20 per share disclosed on January 7 2026; that prior placement remains ongoing.

Notable Quotes

• Lazaros Nikeas, CEO: “The proceeds from this offering will enable us to accelerate processing plant upgrades and underground development at Punitaqui, positioning Battery Mineral Resources for continued growth in the copper sector.”