M&A / Property
Battery X Metals hires i2i, bullVestor for marketing

BATX · Price
Executive Summary
- Battery X Metals Inc. confirmed the official closing of the sale of its Belanger project, satisfying all previously disclosed conditions precedent.
- The company entered into two separate cash-based marketing and investor awareness agreements with arm's-length service providers to target U.S. and European investment communities.
- Total committed marketing spend is approximately $676,000 CAD ($300,000 USD + €165,000), with explicit terms stating no equity or securities will be issued as compensation.
Key Details
- Belanger Project Sale: Transaction has officially closed and all conditions precedent have been satisfied, following the initial announcement dated February 11, 2026.
- U.S. Marketing Agreement (i2i Marketing Group LLC): Contract dated March 26, 2026, commencing April 1, 2026, for a 3-month term or until the initial media budget is fully expended. Total non-refundable budget of $300,000 USD (~$413,000 CAD). Includes $50,000 USD previously paid under a Dec. 16, 2025 agreement; remaining $250,000 USD payable upon execution. Services cover content creation, author sourcing, project management, and media distribution. i2i currently holds 20,000 common shares, 20,000 warrants, 15,000 RSUs, and 15,000 stock options.
- European Marketing Agreement (bullVestor Medien GmbH): 1-month engagement commencing April 1, 2026. Total fee of €165,000 (~$263,000 CAD), payable upon commencement. Services include strategic planning, procurement, and implementation of native advertising campaigns across premium financial networks. No stock options granted. bullVestor and its principals hold zero company securities.
- Compensation Structure: Both engagements are strictly cash-based with no securities, options, or warrants issued to the service providers. Post-initial term, the U.S. agreement may continue month-to-month via supplemental insertion orders.
More from Battery X Metals Inc
Jun 12, 2026 · 20:00