Mr. Massimo Bellini Bressi reports

BATTERY X METALS ANNOUNCES CONFIDENTIAL SUBMISSION OF AMENDED DRAFT REGISTRATION STATEMENT WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION IN CONNECTION WITH PROPOSED U.S. NATIONAL SECURITIES EXCHANGE INITIAL PUBLIC OFFERING

Effective Sept. 8, 2026, Battery X Metals Inc. has confidentially submitted an amended draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) in connection with a proposed initial public offering of securities in the United States and the proposed listing of securities on a U.S. national securities exchange.

The amended draft registration statement reflects updates made by the company in connection with its proposed initial public offering and continuing confidential registration process with the SEC. The company initially confidentially submitted a draft registration statement on Form F-1 to the SEC on Dec. 12, 2025, and subsequently submitted amended confidential draft registration statements on Feb. 27, 2026, April 1, 2026, April 10, 2026, and May 18, 2026.

The number of securities to be offered and the price range for the proposed offering have not yet been determined. The proposed initial public offering remains subject to the completion of the SEC review process as well as market and other conditions.

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 metals industry, the company focuses on exploration, extending the lifespan of lithium-ion batteries, and the recovery and recycling of battery materials. As global electric vehicle adoption continues to grow and demand for battery life-cycle solutions increases, the company is advancing its patent-pending lithium-ion battery rebalancing technology, which recovered approximately 99 per cent of capacity lost due to cell imbalance in a technology demonstration conducted in collaboration with the National Research Council of Canada (NRC), with the NRC validating the initial and final state of charge of the cells.

We seek Safe Harbor.