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File: IBAT NR Close PP 22 May 2018 Final.docx

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INTERNATIONAL BATTERY METALS CLOSES SECOND TRANCHE OF NON-BROKERED FINANCING FOR GROSS PROCEEDS OF $279,999.65 

Vancouver, May 22, 2018 - International Battery Metals Ltd. ("IBAT" or the "Company") (CSE: IBAT) is pleased to announ
--->ce that it has closed the second tranche of its previously announced non-brokered private placement by issuing 799,999
---> units, for aggregate gross proceeds of $279,999.65.  
Each unit consists of one (1) common share of the Company and one half of one (1/2) non-transferable share purchase wa
--->rrant. Each full warrant entitles the holder to purchase one additional common share of the Company at a price of $0.7
--->0 per common share for a period of two (2) years, subject to an acceleration provision, as described in the IBAT's new
--->s release dated March 9, 2018.
A cash finder's fee of $1,400 was paid to one finder in connection with the closing of the second tranche of the priva
--->te placement.  The finder's fee represented 8% of gross proceeds raised on a subscription.  The net proceeds from the 
--->second tranche of the non-brokered private placement will be used for working capital purposes.  All securities issued
---> in connection with the private placement are subject to statutory hold periods in accordance with applicable securiti
--->es laws.  
ON BEHALF OF THE BOARD

"Dr. John Burba"

Dr. John Burba, President CEO & Director  Tel: (778) 939-4228

Forward-looking and cautionary statements

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor sh
--->all there be any sale of securities in any state in the United States in which such offer, solicitation or sale would 
--->be unlawful. The securities referred to herein have not been and will not be registered under the United States Securi
--->ties Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable
---> exemption from registration requirements. This release may contain statements within the meaning of safe harbour prov
--->isions as defined under securities laws and regulations.

This release may contain certain forward-looking statements with respect to the financial condition, results of operat
--->ions and business of the Company and certain of the plans and objectives of the Company with respect to the same. By t
--->heir nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circu
--->mstances that will occur in the future and there are many factors that could cause actual results and developments to 
--->differ materially from those expressed or implied by these forward-looking statements.

THE CSE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.