Battery X Metals Grants New Equity Incentives

Battery X Metals Inc., an energy transition resource exploration and technology company, has granted stock options and restricted share units (RSUs) to selected directors, officers, and consultants, effective March 12, 2026. The granting follows the company's Omnibus Equity Incentive Plan.

The company issued 197,500 stock options with a $2.10 per share exercise price, vesting immediately and expiring on March 10, 2028. Additionally, 151,500 RSUs were distributed, scheduled to vest in four stages over one year from the grant date.

Securities are subject to a four-month statutory hold period. The grants align with Canadian Securities Exchange Policy 6, ensuring no individual receives over 5% of shares, nor exceeding 10% collectively within a year.

Grants to insiders are considered related party transactions but exempt from minority shareholder approval, as they represent less than 25% of Battery X Metals' market capitalization.