Star Metro - Battery X Metals Announces Grant of Stock Options

NYSE - LSE

RBGPF	-1.32%	76	$
CMSC	-0.34%	23.659	$
RYCEF	0.56%	14.35	$
AZN	0.36%	80.19	$
SCS	0.18%	16.77	$
NGG	-3.81%	67.98	$
BP	0%	35.23	$
GSK	-1.82%	38.96	$
RELX	-2.71%	45.44	$
CMSD	0.04%	23.63	$
RIO	-1.34%	61.89	$
JRI	-0.67%	13.51	$
BCC	-1.17%	85.78	$
BTI	-2.99%	55.24	$
BCE	-2.17%	24.43	$
VOD	-2.05%	11.72	$

Battery X Metals Announces Grant of Stock Options

THINGS TO KNOW 30.12.2024

Battery X Metals Announces Grant of Stock Options

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Text size:

Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:R0W, WKN:A3EMJB) ("Battery X Metals" or the "Company") announces that it has granted stock options ("Stock Options") to certain directors, officers, and consultants of the Company, effective December 30, 2024 (the "Grant Date"), in accordance with its Equity Incentive Plan dated May 7, 2024.

The Company has granted a total of 2,755,000 Stock Options to eligible recipients at an exercise price of $0.10 per share. The Stock Options vest immediately on the Grant Date and have a two-year term, expiring on December 30, 2026.

All securities are subject to a statutory hold period of four months and one day from the Grant Date, in compliance with applicable stock exchange policies.

The stock option grants to Massimo Bellini Bressi, Dallas Pretty, Martino Ciambrelli, and Howard Blank (the "Insider Stock Option Grants") are "related party transactions" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Insider Stock Option Grants are exempt from the valuation requirement of MI 61-101 by virtue of the exemptions contained in section 5.5(b) of MI 61-101 as the Company's common shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(1)(a) of MI 61-101 in that the fair market value of the Insider Stock Option Grants do not exceed 25% of the Company's market capitalization. As the material change report disclosing the Insider Stock Option Grants is being filed less than 21 days before the transaction, there is a requirement under MI 61‐101 to explain why the shorter period was reasonable or necessary in the circumstances. In the view of the Company, it is necessary to immediately close the Insider Stock Option Grants and therefore, such shorter period is reasonable and necessary in the circumstances to improve the Company's financial position.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

About Battery X Metals Inc.

Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:R0W, WKN:A3EMJB) is committed to advancing the global clean energy transition through the development of proprietary technologies and domestic battery and critical metal resource exploration. The Company focuses on extending the lifespan of electric vehicle (EV) batteries, through its portfolio company, LIBRT¹, recovering battery grade metals from end-of-life lithium-ion batteries, and the acquisition and exploration of battery and critical metals resources. For more information, visit batteryxmetals.com.

¹49% owned Portfolio Company

On Behalf of the Board of Directors

Massimo Bellini Bressi, Director

For further information, please contact:

Massimo Bellini Bressi
Chief Executive Officer
Email: [email protected]
Tel: (604) 741-0444

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release include, but are not limited to, statements regarding the Company's objectives, business strategies, and future plans, including the granting of stock options, the vesting and expiry of such stock options, and compliance with securities laws. These forward-looking statements are based on management's current expectations and assumptions, which are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Risks include, but are not limited to, changes in market conditions, regulatory risks, the inability to achieve regulatory compliance or approvals, reliance on key personnel, and the risk factors set forth in the Company's filings on SEDAR+. Forward-looking statements are made as of the date of this release, and Battery X Metals disclaims any obligation to update or revise them to reflect new events or circumstances, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.

SOURCE: Battery X Metals

T. MacDonald--SMC

Featured

Vietnam marks 80 years of independence in record celebrations

Vietnam held its largest-ever public celebrations on Tuesday to mark 80 years since the declaration of independence, with legions of lock-stepped patriots marching under fluttering flags.

CoTec Holdings Corp. Announces Analyst Coverage Report by ECM Capital Advisors Ltd

VANCOUVER, BC / ACCESS Newswire / September 2, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce that ECM Capital Advisors LTD ("ECM") has published an equity analyst research report on the Company (the "Report"). A copy of the Report and any future reports may be obtained directly from ECM. The Report is available on the ECM website at:

Dateline Resources Completes $25M Institutional Placement Priced at $0.215 to Accelerate Development at Colosseum Gold and Rare Earth Project

Dateline to Engage US Securities Counsel and Auditing Firm to Initiate SEC Registration and Reporting Compliance

Wolfden Commences Drill Program at its Rockland Gold Project in the Walker Lane Trend of Nevada

TORONTO, ON / ACCESS Newswire / September 2, 2025 / Wolfden Resources Corporation (WLF.V) ("Wolfden" or the"Company") is pleased to announce that it has commenced an 1,800 metre drill program at its Rockland Gold Project located in the Walker Lane Trend of Nevada, USA. The program is designed to test below historical and significant drill results that ended in mineralization, including 146.4 metres at 1.0 g/t AuEq* in hole PG-32 and 85.4 metres at 1.0 g/t AuEq* in hole PG-36C that was drilled in the opposing direction some 70 metres away (see Figures 3 to 5). In addition, both of holes include intervals of higher grades and alteration that increases in intensity with depth and are indicative of a modelled potential higher grade system at depth. A 3D inversion model of a recently completed deep penetrating induced polarization (IP) survey indicates a stronger chargeability anomaly below the altered rhyolite-hosted gold mineralization that occurs closer to surface. Importantly, the anomaly is coincident with a northeast-trending structural corridor that is interpreted to extend at least 1.7 km (1.1 miles) below other positive gold-bearing drill hole results and a series of altered rhyolite domes.