Mr. Thomas Yingling reports

GREEN BATTERY MINERALS INC. - PRIVATE PLACEMENT

Green Battery Minerals Inc., further to its news release wherein the company announced it was successful and closed a first tranche of its flow-through financing and raised $550,000, will now apply to the TSX Venture Exchange to close the following:

• $144,500 cash: 2.89 million units at a price of five cents, each unit consisting of one common share and one warrant exercisable at 10 cents for three years, subject to the right to be accelerated by the company in the event that its shares trade at or above 25 cents for a period of 10 consecutive days. In such case of accelerated warrants, the company may give notice, in writing or by way of news release, to the holders that the warrants will expire 30 days from the date of providing such notice. Directors of the company participated as to an aggregate of 1.19 million units. The participation in the private placement by the directors of the company may be considered a related party transaction as defined under Multilateral Instrument 61-101. The company has determined that exemptions from the formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 are available. In particular, the company has determined that the exemptions set out in paragraphs (a) and (b) in Section 5.5 of MI 61-101 are applicable since the aggregate consideration to be paid by the related party does not exceed 25 per cent of the market capitalization of the company and the company is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange. In addition, regarding the minority shareholder approval exemptions, the independent directors have determined that the exemptions set out in paragraphs (l)(a) and (b) in Section 5.7 of MI 61-101 are applicable in that the aggregate consideration to be paid by the related party does not exceed 25 per cent of the market capitalization of the company, the distribution of the securities to the related party has a fair market value of not more than $150,000 and the company is not listed on the Toronto Stock Exchange, but only on the TSX Venture Exchange;
• $27,650 flow-through: 395,000 flow-through units at a price of seven cents, each unit consisting of one flow-through common share and one-half warrant exercisable at 10 cents for a three-year period, subject to the right to be accelerated by the company in the event that its shares trade at or above 25 cents for a period of 10 consecutive days. In such case of accelerated warrants, the company may give notice, in writing or by way of news release, to the holders that the warrants will expire 30 days from the date of providing such notice.

Proceeds of the private placement will be used for working capital and continued exploration on the company's properties.

The securities to be issued will contain the required four months plus one day hold period from issuance.

We seek Safe Harbor.