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Battery X Metals Inc
Symbol BATX
Shares Issued 68,220,153
Close 2024-10-23 C$ 0.08
Market Cap C$ 5,457,612
Recent Sedar Documents

Battery X Metals hires Market IQ Media for IR services

2024-10-24 07:34 ET - News Release

Mr. Massimo Bressi reports

BATTERY X METALS ANNOUNCES ENGAGEMENT OF CORPORATE AWARENESS SERVICE PROVIDER

In line with its goal to increase corporate awareness, Battery X Metals Inc. has engaged Market IQ Media Group Inc. (MIQ) to provide investor relations and digital marketing services to the company to increase public awareness of the company, its business and its securities.

On Oct. 22, 2024, the company entered into a corporate marketing services agreement with MIQ, pursuant to which MIQ will provide certain services to the company, including, but not limited to, content creation, such as article writing, website reviews, landing page development and testing, and digital marketing services, such as search engine optimization (SEO), on-line advertising campaigns (including Google Ads and banner ads), Ticker Tag articles, performance analytics and reporting. The agreement is effective as of Oct. 22, 2024, and has an initial term of six months, with either party having the right to terminate upon 30 days written notice. In consideration for the services to be provided under the agreement, the company has paid MIQ $60,000 (U.S.) plus applicable taxes.

MIQ is based in Vancouver, B.C., and provides communications, content creation and digital marketing services. The principal of MIQ is Brady Allan of unit 107, 995 West 7th Ave., Vancouver, B.C., V5Z 1C4. Mr. Allan can be reached by telephone at 604-265-2873, or by e-mail at Brady@marketiqmedia.com. MIQ and its principal act at arm's length to the company. No stock options are being granted to MIQ under the terms of the agreement. To the knowledge of the company, at the time of entering into the agreement, MIQ and its principals directly and indirectly held 525,000 common shares of the company.

As of Sept. 30, 2024, the company's portfolio company, Lithium-ion Battery Renewable Technologies Inc. (LIBRT), and Shanghai Richpower New Energy Technology Co. Ltd. have mutually agreed to terminate their North American exclusive licence agreement dated Jan. 1, 2023, which covered certain technologies and intellectual property related to second-life batteries, including battery energy storage systems (BESS). This amicable termination reflects that both parties have shifted toward pursuing independent strategies aligned with their respective business goals. For LIBRT, this means a continued focus on the development and eventual commercialization of its proprietary lithium-ion and electric-vehicle battery diagnostic and rebalancing hardware and software technologies, rather than BESS applications.

About Battery X Metals Inc.

Battery X Metals is committed to advancing the clean-energy transition by developing proprietary lithium-ion battery technologies and exploring domestic resources for battery metals and critical metals. Its portfolio company, Lithium-ion Battery Renewable Technologies, is developing proprietary technology to diagnose the health and extend electric-vehicle battery lifespan. Battery X Recycling Technologies Inc., its wholly owned subsidiary, has partnered with a global top-20 university to develop a proprietary eco-friendly, battery-grade material recovery technology from black mass.

Battery X Metals also owns 100 per cent of the Y lithium project in Saskatchewan (5,855 hectares), the Nunavik Leaf River project (3,500 hectares) and the Abitibi Reservoir-Dozios project (3,500 hectares) in Quebec, and the National Instrument 43-101-compliant Belanger property in Red Lake, Ont. (2,100 hectares). The company has an equity stake in Premier Silver Corp., which owns the Mallay mine and processing plant in Peru, part of the 10,562.4-hectare Tres Cerros gold-silver project.

We seek Safe Harbor.

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