Mr. Dal Brynelsen, a shareholder, reports
DAL EARLY WARING REPORT
On Dec. 11, 2024, Pacific Coast Angling Adventures Inc., a private company wholly owned by Dal Stuart Brynelsen, acquired ownership of 1,538,460 common shares at 6.5 cents and 1,538,460
warrants exercisable at 10 cents expiring Dec. 11, 2027, of Green Battery Minerals Inc. The common shares and warrants were issued in connection with a private placement. Prior to the private placement, the acquiror held nil common shares or warrants. As a result of the private placement, as of Dec. 11, 2025, the acquiror held 1,538,460 common shares, representing approximately
9.45 per cent of the company's then issued and outstanding common shares. In addition, the acquiror exercises control and
direction over 12.96 per cent of the issued and outstanding shares of the company's shares on a partially diluted basis
assuming Mr. Brynelsen exercises his warrants only.
On Feb. 5, 2025, Mr. Brynelsen personally acquired ownership of 928,000 common shares at seven cents and 928,000
warrants exercisable at 10 cents expiring Feb. 5, 2027, of the company. The common shares and warrants were
issued in connection with a second private placement. Prior to the second private placement,
the acquiror held, directly or indirectly, 1,538,460 common shares and 1,538,460 warrants. As a result of the second private
placement, as of Feb. 5, 2025, the acquiror held, directly or indirectly, 2,466,460 common shares, representing
approximately 12 per cent of the company's then issued and outstanding common shares. In addition, the acquiror exercises
control and direction over 24 per cent of the issued and outstanding shares of the company's shares on a partially diluted basis
assuming Mr. Brynelsen exercises his warrants only.
On March 7, 2025, Mr. Brynelsen indirectly acquired ownership of 20,000 common shares at 12 cents and 25,000 common
shares at 12.5 cents of the company in the public market. Prior to this acquisition, the acquiror held, directly or indirectly,
2,466,460 common shares and 2,466,460 warrants. As a result of this transaction, as of March 7, 2025, the acquiror
held, directly or indirectly, 2,511,460 common shares, representing approximately 12.22 per cent of the company's then issued
and outstanding common shares. In addition, the acquiror exercises control and direction over 12 per cent of the issued and
outstanding shares of the company's shares on a partially diluted basis assuming Mr. Brynelsen exercises his warrants
only.
On April 9, 2025, Mr. Brynelsen purchased 34,500 common shares at nine cents of the company in the public market. Prior
to this acquisition, the acquiror held, directly or indirectly, 2,511,460 common shares and 2,466,460 warrants. As a
result of this transaction, as of April 9, 2025, the acquiror held, directly or indirectly, 2,545,960 common shares,
representing approximately 12.39 per cent of the company's then issued and outstanding common shares. In addition, the acquiror exercises control and direction over 12 per cent of the issued and outstanding shares of the company's shares on a
partially diluted basis assuming Mr. Brynelsen exercises his warrants only.
All common shares were acquired for investment purposes. This investment will be reviewed on a continuing basis by
the acquiror, and such holdings may be increased or decreased in the future. The acquiror may, in the future, acquire or
dispose of the common shares through the open market, privately or otherwise, as circumstances or market conditions
warrant.
The acquiror has filed an early warning report pursuant to National Instrument 62-103F1 (the Early Warning System
and Related Take-Over Bid and Insider Reporting Issues) describing the above transaction with the applicable securities
regulatory authorities. A copy of the early warning report is available on SEDAR+ under the
profile of the company.
© 2025 Canjex Publishing Ltd. All rights reserved.