Battery X Metals Adjusts Warrant Terms to Bolster Capital Strategy

Battery X Metals Inc., an energy transition resource exploration and technology company, has announced modifications to its warrant terms. The company is extending and repricing 2,393,939 common share purchase warrants. The new expiry date is set for October 16, 2026, with a revised exercise price of $0.25 per warrant, effective immediately.

This move aligns with Battery X Metals' strategy to enhance its financial stability through internal funding. The company recently reported $1,562,861 from warrant exercises over nine months, which improved its capital position.

Under Canadian Securities Exchange policies, a price adjustment requires unanimous consent from warrant holders. If the share price exceeds the adjusted warrant price by 25% for ten consecutive trading days, the expiry term will shorten to 30 days with public notice.