Battery Mineral arranges minimum $10M private placement

Mr. Lazaros Nikeas reports BATTERY MINERAL RESOURCES CORP. ANNOUNCES LIFE PRIVATE PLACEMENT OFFERING Battery Mineral Resources Corp. has arranged a non-brokered private placement offering for minimum gross proceeds of $10-million and up to a maximum of $25-million from the sale of a minimum of 50 million common shares of the company and up to a maximum of 125 million shares at a price of 20 cents per share. The shares will be issued on a private placement basis pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions), as amended and supplemented by Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption). Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the shares sold under the offering pursuant to the LIFE will be offered to purchasers resident in each of the provinces and territories of Canada, except Quebec, and such securities are expected to be immediately freely tradable and will not be subject to a hold period under applicable Canadian securities laws. The shares will also be offered in the United States by way of a private placement pursuant to the exemptions from the registration requirements provided for under the U.S. Securities Act of 1933, as amended, and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. There is an offering document related to this offering that can be accessed under the company's profile at SEDAR+ and on the company's websitem. Prospective investors should read this offering document before making an investment decision. The company may pay finders' fees to eligible finders in connection with the offering, subject to compliance with applicable securities laws and TSX Venture Exchange policies. The company intends to use the net proceeds of the offering to advance processing plant operations and planned underground development at the company's Punitaqui mining complex located in the Coquimbo region of Chile, and for general working capital purposes. Details of the company's intended use of proceeds from the offering are more fully described in the offering document. The offering is expected to close on or about Feb. 20, 2026, and is subject to the company receiving all necessary regulatory approvals, including the approval of the TSX-V. The offering is separate from, and does not amend or replace the previously announced non-brokered private placement of up to 174,430,850 shares at a price of 20 cents per share, as disclosed in the company's news release dated Jan. 7, 2026. The company continues to pursue completion of the previously announced private placement, subject to the satisfaction of applicable conditions and TSX-V approval. About Battery Mineral Resources Corp. Battery Mineral Resources operates the Punitaqui mining complex, a historic copper-, gold- and silver-producing mine in the Coquimbo region of Chile. The company's portfolio also includes 100-per-cent-owned ESI Energy Services Inc. and North American mineral exploration assets. The company is focused on providing shareholders with accretive exposure to copper and the global trend of electrification while targeting growth through cash flow, exploration and acquisitions in favourable mining jurisdictions. We seek Safe Harbor.