Mr. Massimo Bellini Bressi reports

BATTERY X METALS ANNOUNCES STRATEGIC SHARE CONSOLIDATION TO ADVANCE CORPORATE GROWTH AND CAPITAL MARKET PRESENCE

Battery X Metals Inc. intends to consolidate all of its issued and outstanding common shares on the basis of 1:20, with every 20 preconsolidated common shares being consolidated into one postconsolidated common share. Management anticipates that the common shares will commence trading on the Canadian Securities Exchange on a postconsolidation basis at market open on Oct. 28, 2025.

The board of directors of the company believes the consolidation will provide the company with greater flexibility for future corporate activities, including, but not limited to, those referenced herein and in its prior disclosures, enhance the marketability of the common shares and lead to increased interest by a broader spectrum of potential investors, thereby increasing market interest in providing additional financing for operational and growth initiatives.

This consolidation forms part of the company's broader effort to align its capital structure with its long-term operational and growth objectives while continuing to strengthen its market positioning, corporate governance alignment and overall strategic planning within its integrated 360-degree strategy across the battery metals value chain, encompassing exploration, rebalancing and recycling, in support of advancing next-generation solutions that contribute to the global clean-energy transition.

As required by CSE policies, the company obtained shareholder approval for the consolidation at the company's annual general and special meeting held on July 16, 2025. The proposed consolidation has been approved by the company's board of directors. Following the consolidation, the common shares will begin trading on a consolidated basis under the existing company name and trading symbol.

The proposed consolidation would result in the number of issued and outstanding common shares being reduced from the current outstanding 70,169,303 common shares to approximately 3,508,465 common shares, subject to rounding. No fractional shares will be issued as a result of the consolidation. As required under the Business Corporations Act (British Columbia), any fractional common shares remaining after the consolidation that are less than one-half of a common share will be cancelled and any fractional common shares that are at least one-half of a common share will be rounded up to one whole common share.

The company will be obtaining a new Cusip and ISIN (international securities identification number) in connection with the consolidation. The new Cusip number and ISIN will be disclosed in a subsequent news release. The company anticipates that the CSE will issue a bulletin to dealers advising of the consolidation and effective date of trading on the consolidated basis.

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, lifespan extension, and recycling of lithium-ion batteries and battery materials.

We seek Safe Harbor.