Mr. Thomas Yingling reports

GREEN BATTERY MINERALS INC. - PRIVATE PLACEMENT CLOSING

Green Battery Minerals Inc. has received Toronto Stock Exchange approval and has closed its financing as to $474,724.90 (amended from previously announced). The company has issued 7,303,460 (amended from previously announced) units at 6.5 cents per unit. Each unit consists of one common share and one warrant exercisable at 10 cents for three years. The proceeds of the private placement will be used for working capital. A cash finder's fee of $15,279.94 (amended from previously announced) has been paid, along with the issuance of a finder warrant for the right to purchase up to 173,846 common shares (amended from previously announced) exercisable at 10 cents for three years.

Two insiders of the company subscribed for a total of 2,325,000 units. As such, this participation constitutes a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the units acquired by the insiders nor the consideration for the units paid by such insiders exceeds 25 per cent of the company's market capitalization. The company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the offering were unknown at such time.

All securities have been issued with the required four-month-plus-one-day hold from issuance.

The company confirms there are no material facts or material changes related to the company that have yet to be generally disclosed.

We seek Safe Harbor.