Mr. Massimo Bellini Bressi reports
BATTERY X METALS ANNOUNCES ENGAGEMENT OF INDEPENDENT TRADING GROUP FOR MARKET-MAKING SERVICES TO SUPPORT STRATEGIC CAPITAL MARKETS INITIATIVES
Battery X Metals Inc. has engaged the services of Independent Trading Group Inc. to provide market-making services in accordance with Canadian Securities Exchange policies, effective May 4, 2026.
The engagement of ITG forms part of the company's broader strategic capital market initiatives, aimed at enhancing trading liquidity, supporting orderly market conditions and improving overall market quality for the company's common shares. ITG will trade shares of the company on the CSE and other trading venues with the objective of maintaining a reasonable market and improving share liquidity.
ITG is a Toronto-based Canadian Investment Regulatory Organization dealer member that specializes in market-making, liquidity provision, agency execution, ultralow-latency connectivity and bespoke algorithmic trading solutions. Established in 1992, ITG focuses on market structure, execution and trading, leveraging proprietary technology to deliver high-quality liquidity provision and execution services to a broad range of public issuers and institutional investors.
The agreement is for an initial term of one month and will automatically renew for successive one-month terms unless terminated by either party with 30 days notice. The company will pay ITG a cash fee of $6,000 per month for the services. There are no performance factors contained in the agreement, and ITG will not receive shares or options as compensation. ITG and the company are arm's length, to the knowledge of the company, and neither ITG nor its principals hold any direct or indirect interest in the securities of the company as of the date hereof.
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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