Mr. Massimo Bressi reports
BATTERY X METALS ANNOUNCES AMENDMENT TO CORPORATE AWARENESS ENGAGEMENT
Further to the news release dated April 2, 2025, Battery X Metals Inc. has increased the budget of its previously announced corporate awareness engagement with bullVestor Medien GmbH to provide marketing services for a period of three months, commencing on April 4, 2025.
bullVestor is arm's length to the company. Under the terms of the engagement, bullVestor will be responsible for strategic planning, procurement and implementation of native advertising campaigns across premium financial advertising networks, as well as overseeing progress and reporting on results throughout the campaign. The objective of the engagement is to increase awareness of the company and its business among the German investment community.
The company has agreed to pay bullVestor an additional fee of 200,000 euros (approximately $312,500), to be paid in two instalments: 50,000 euros (approximately $78,125) payable on or before June 2, 2025, and 150,000 euros (approximately $234,375) payable on or before June 16, 2025, subject to the company having sufficient capital resources at that time. As previously disclosed, the original fee paid by the company was 190,000 euros (approximately $295,000). No stock options have been granted to bullVestor under the terms of the engagement. To the knowledge of the company, as of the date of this announcement, bullVestor and its principals do not, directly or indirectly, own any common shares or other securities of the company.
Carsten Schmider Media Relations Publishing engagement
The company also announces that, further to its news release dated Jan. 15, 2025, in which it disclosed the engagement of Carsten Schmider Media Relations Publishing to execute a strategic corporate branding and awareness initiative, the company is providing an update on the current status of that engagement.
The engagement includes the scheduling and management of banner advertisements as part of a European native advertising campaign targeting new subscribers through the Triple-A report. Schmider Media's role is limited to managing the timing and placement of banner ads, with all creative content provided by the company.
The original term of the engagement was 45 days, commencing Jan. 23, 2025, with banner ads to be scheduled for a total of 21 days within that period. The company advanced 140,000 euros (approximately $206,000) for these digital marketing services.
Although the engagement remains active, the awareness campaign has not yet entered the publication or distribution phase. The company anticipates amending the original term to reflect a new commencement date that aligns with the actual start of banner ad publication. The duration of the amended term is expected to remain consistent with the original term.
Once the amended term is finalized, the company intends to disclose the revised timing and status of the awareness campaign by way of a news release.
Schmider Media and its principals are at arm's length to the company. No stock options have been granted to Schmider Media under the engagement. To the company's knowledge, as of the date of this announcement, Schmider Media and its principals do not, directly or indirectly, own any common shares or other securities of the company.
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 metal industry, the company focuses on exploration, lifespan extension and recycling of lithium-ion batteries and battery materials.
We seek Safe Harbor.
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