18:22:43 EST Fri 19 Dec 2025
Enter Symbol
or Name
USA
CA



Beyond Lithium Inc
Symbol BY
Shares Issued 70,480,637
Close 2025-12-18 C$ 0.04
Market Cap C$ 2,819,225
Recent Sedar Documents

Beyond Lithium closes $429,950 private placement

2025-12-18 20:15 ET - News Release

Mr. Allan Frame reports

BEYOND LITHIUM COMPLETES FLOW-THROUGH PRIVATE PLACEMENT AND PROVIDES OWL CREEK PROJECT UPDATE

Beyond Lithium Inc. has provided an update on its Owl Creek project in British Columbia and has completed a non-brokered private placement of 10,748,750 flow-through units of the company at a price of four cents per unit for aggregate gross proceeds of $429,950.

The offering

Each unit consists of one common share in the capital of the company that will qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and one-half of one common share purchase warrant of the company. Each warrant entitles the holder to purchase one non-flow-through common share in the capital of the company for a period of 24 months from the date of issuance at an exercise price of 10 cents per share, subject to customary adjustment provisions.

Allan Frame, president and chief executive officer of Beyond Lithium, commented: "The company is very pleased to raise this capital and thanks all participants. These funds will enable us to further explore our three properties with the intent to move them all to drilling status. Our goal is to increase shareholder value through discovery. We wish all the best of the season to all our friends and shareholders."

The gross proceeds from the offering will be used by the company to incur eligible Canadian exploration expenses that will qualify as flow-through critical mineral mining expenditures as such terms are defined in the Income Tax Act (Canada) and, in respect of the gross proceeds from B.C. investors, that will also qualify as B.C. flow-through mining expenditures as defined in the Income Tax Act (British Columbia) related to the company's projects. All qualifying expenditures will be renounced in favour of the subscribers of the units, effective Dec. 31, 2025.

In connection with the offering, the company paid certain eligible third parties dealing at arm's length with the company): (i) cash commissions totalling $30,096.50, representing 7 per cent of the proceeds raised from subscribers introduced to the company by such finders; and (ii) an aggregate of 752,413 non-transferable broker warrants, representing 7 per cent of the number of units sold to such subscribers, each exercisable to acquire one common share of the company for 24 months from the date of issuance at an exercise price of four cents per share, subject to adjustment and acceleration provisions in certain circumstances.

Owl Creek project update

Beyond Lithium submitted the mineral claim application for its Owl Creek project in August, 2025. After four months of the consultation process, the Owl Creek mineral claim was fully approved as of Dec. 2, 2025.

The Owl Creek project encompasses approximately 1,566 hectares in southwestern British Columbia. It is located roughly eight kilometres northeast of the town of Pemberton that benefits from excellent access through upgraded logging roads. From a regional geological point of view, the Owl Creek project is located within the regional Cascade magmatic arc that spans over 1,200 kilometres in distance (Hildreth 2007). The Cascade magmatic arc is a postaccretionary arc hosting several significant porphyry deposits for copper-molybdenum and copper-gold mineralization associated with Miocene intrusions.

Restricted share unit grant

The company further announces a grant of 280,714 restricted share units of the company to a consultant of the company pursuant to the terms and conditions of a consulting agreement dated Feb. 1, 2025, and the company's omnibus equity incentive plan. Of the RSUs, 137,678 will vest immediately, 70,178 will vest on Feb. 1, 2026, 51,429 will vest on May 1, 2026, and 21,429 will vest on Aug. 1, 2026. Subject to the terms and conditions of the omnibus plan and the policies of the Canadian Securities Exchange, upon vesting, each RSU shall entitle the consultant to receive one common share of the company.

The securities issued pursuant to the offering and the RSU grant (and any common shares issuable upon exercise or settlement thereof) will be subject to a four-month hold period from their date of issuance.

Qualified person and third party data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, PGeo, vice-president, exploration, of the company. Mr. Tsang is a qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Beyond Lithium Inc.

Beyond Lithium is a critical mineral exploration company with the Ear Falls spodumene-bearing pegmatite exploration project in Ontario and two exploration projects in British Columbia exploring for rare earth and base metals. Beyond Lithium is advancing the projects with its exploration team. The company will continue to seek to stake, to acquire or to option other properties to expand the company's portfolio. Also, Beyond will seek for potential joint ventures partner on projects as it is a source of non-dilutive working capital through partner-financed exploration and long-term residual exposure to exploration success.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.