Mr. Massimo Bellini Bressi reports

BATTERY X METALS COMPLETES PRELIMINARY AI-POWERED PROSPECTIVITY MODELLING, IDENTIFIES MULTIPLE PROSPECTIVE ZONES HIGHLIGHTING GEOLOGICAL PATTERNS CONSISTENT WITH KNOWN LITHIUM MINERALIZATION, AND INITIATES SECONDARY MODELLING TO REFINE AI-GENERATED TARGETS FOR CRITICAL BATTERY METALS IN NEVADA, USA

Further to the news releases dated April 25, 2025, and Aug. 1, 2025, whereby Battery X Metals Inc. disclosed that its wholly owned subsidiary, Battery X Discoveries Inc., entered into a binding memorandum of understanding with TerraDX Discoveries Inc. and MineMind Metals Inc. to establish a strategic joint venture framework for the collaborative exploration of critical battery metals, including lithium, cobalt, graphite and other battery metal targets in the state of Nevada, United States, through the application of artificial-intelligence-powered mineral targeting models, and building on the completion of the foundational data preparation and processing phase announced on Aug. 1, 2025, the preliminary prospectivity modelling of the initiative has been completed, with initial results identifying several regions highlighting geological patterns consistent with known lithium mineralization. This early analysis not only showcases the AI mode's ability to recognize meaningful geological correlations but also highlights its potential to accelerate exploration targeting across Nevada.

The preliminary AI modelling utilized approximately 60 curated data sets drawn from public sources and internally generated data sets, which were processed through TerraDX's proprietary AI models to generate preliminary probability models highlighting geological patterns consistent with known lithium mineralization. The prospectivity analysis utilized publicly available national and state-level data sets from the U.S. Geological Survey and the Nevada Bureau of Mines and Geology. These included mineral occurrence and deposit databases, geochemical compilations, geophysical survey data, and geologic mapping products. The AI model correlated these data sets with regions of known lithium mineralization to identify areas exhibiting comparable data patterns within the analyzed inputs.

This analysis represents an important milestone in the development of the initiative as it confirms the AI system's capacity to identify subtle correlations and complex geological relationships that may be overlooked by traditional exploration methods.

The project will advance into the second phase of the modelling, which will include additional training runs to sharpen predictive accuracy, exclusion mapping to systematically filter out unviable exploration zones such as population centres, national parks and restricted-use lands, refining the phase 1 prospectivity zones into high-confidence, AI-derived exploration targets. These refined targets are expected to guide the assessment of potential claim or project acquisition opportunities in Nevada.

Battery X Metals' comprehensive 360-degree strategy across the battery metal value chain

This initiative continues to build on the company's strategic partnership with TerraDX and MineMind Metals, which forms a key pillar of Battery X Metals' comprehensive 360-degree strategy across the battery metal value chain. This strategy includes the exploration of prospective domestic properties through AI targeting, the development of proprietary recovery technologies to extract battery-grade materials from end-of-life batteries in collaboration with a globally ranked top-20 university and the extension of electric vehicle battery lifespan through the company's wholly owned subsidiary, Battery X Rebalancing Technologies Inc., and patent-pending rebalancing software and hardware machine.

"The identification of regions with geochemical similarities to known lithium mineralization regions is a strong validation of our AI-powered exploration approach," said Massimo Bellini Bressi, chief executive officer of Battery X Metals. "These early results strengthen our confidence as we move into the next phase of modelling and exclusion mapping, where we expect to refine these zones into high-confidence targets for field validation."

The company intends to provide a further update upon completion of the secondary modelling phase.

Nevada's strategic role in advancing U.S. battery metal supply chain independence

Nevada is one of the most resource-rich jurisdictions in the United States for critical battery metals, particularly lithium. The state is estimated to hold approximately 85 per cent of the nation's known lithium deposits, largely due to the state's arid environment and closed basin hydrologic systems, which have combined over millions of years to deposit vast amounts of the mineral deemed critical to the clean energy movement.

According to the U.S. Geological Survey, commercial-scale lithium production in the United States in 2023 came solely from a continental brine operation in Nevada -- the Silver Peak facility operated by Albemarle Corp. This made Nevada the sole domestic producer of lithium that year. Nevada is also home to Thacker Pass, located within the McDermitt caldera in Humboldt county. It is recognized as the largest measured lithium reserve and resource in the world.

These developments align with federal policy initiatives to secure critical mineral supply chains. The Defence Production Act has been invoked to accelerate domestic lithium production and reduce reliance on foreign sources.

Nevada offers a stable foundation for AI-driven exploration. This strategic agreement with TerraDX and MineMind Metals reinforces Battery X Metals' integrated 360-degree strategy across the battery metal value chain and aims to position the company to support U.S. clean energy and electrification goals.

About Battery X Metals Inc.

Battery X Metals is an energy transition resource exploration and technology company committed to advancing domestic battery and critical metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360-degree approach to the battery metal industry, the company focuses on exploration, lifespan extension and recycling of lithium-ion batteries and battery materials.

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