Fuse Battery Metals Inc. announced on Sept. 22, 2026, that it will not be proceeding with its previously announced reverse takeover transaction and concurrent financing between Fuse and 1545726 B.C. Ltd., doing business as Pointor AI, in connection with the proposed acquisition by Fuse of all the shares of Pointor AI pursuant to a share exchange agreement dated Sept. 9, 2025.

The company also announced that it has entered into a termination agreement with Pointor AI dated Aug. 10, 2026, pursuant to which the parties have agreed to terminate the previously announced proposed transaction.

Effective at the market open on Friday, Sept. 25, 2026, the common shares of Fuse Battery Metals will resume trading.