Battery X Metals Grants 1,794,000 Restricted Share Units

Battery X Metals Inc. announced the grant of 1,794,000 restricted share units (RSUs) to certain directors, officers, and consultants. The grant is effective as of January 1, 2025, and occurs outside the company's Equity Incentive Plan dated May 7, 2024. The RSUs will vest in four equal parts at defined intervals over the following year. This move ensures compliance with Canadian Securities Exchange Policy 6, maintaining equity grants within regulated limits.

The RSU grants include related party transactions involving insiders Massimo Bellini Bressi and Martino Ciambrelli, exempt from certain requirements due to the company's market capitalization. A material change report has been filed, accounting for the necessity of immediate grants and shorter disclosure periods.