Mr. Massimo Bressi reports

BATTERY X METALS ANNOUNCES FORMATION OF CRITICAL BATTERY METALS EXPLORATION SUBSIDIARY AND EXPANSION OF QUEBEC EXPLORATION PORTFOLIO WITH ACQUISITION OF 39 ADDITIONAL MINERAL CLAIMS

Battery X Metals Inc., effective April 3, 2025, has incorporated Battery X Discoveries Inc., a wholly owned subsidiary focused on the identification, acquisition and advancement of critical battery metal exploration opportunities across North America.

Formation of Battery X Discoveries to advance North American critical battery metal exploration

The formation of Battery X Discoveries represents a key milestone in the execution of the company's long-term strategy to secure North American sources of essential battery materials, including lithium, cobalt, graphite, nickel and manganese, that are vital to the clean energy transition and the resilience of North American supply chains. The new subsidiary will serve as a strategic entity within the company's broader exploration portfolio, supporting the pursuit of new, high-potential targets through both conventional and technology-enhanced methodologies.

"The formation of Battery X Discoveries aims to strengthen the critical battery metal exploration vertical of our 360-degree battery metals strategy," said Massimo Bellini Bressi, chief executive officer of Battery X Metals. "The formation of Battery X Discoveries is intended to enable us to deepen our focus on North American critical battery metal resource discovery, and reinforces our commitment to building a sustainable and secure supply chain for energy transition materials."

Acquisition of additional mineral claims at Reservoir Dozois project, Abitibi, Quebec.

The company also announces that, on April 9, 2025, it amended the underlying purchase and sale agreement dated Jan. 11, 2024, with 1303812 B.C. Ltd., and acquired an additional 39 active mineral claims comprising certain claims that are contiguous to, and others that are located in proximity to, the company's existing eight active mineral claims acquired on Jan. 11, 2024, pursuant to the original agreement. The additional claims were inadvertently omitted under the original agreement which the parties have rectified through the amendment. Collectively, the 47 mineral claims comprise the Reservoir Dozois project. The additional 39 mineral claims were transferred by the vendor to the company's subsidiary for no additional consideration than what was paid under the original agreement.

About Battery X Metals Inc.

Battery X Metals is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration, and developing next-generation proprietary technologies. Taking a diversified, 360-degree approach to the battery metals industry, the company focuses on exploration, life span extension, and recycling of lithium-ion batteries and battery materials.

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