Battery X Metals Announces Share Consolidation

Battery X Metals Inc., a company listed on multiple stock exchanges, plans to consolidate its shares. The consolidation will follow a 3.3:1 ratio, with every three and one-third pre-consolidated shares becoming one new share. This action will reduce the total number of shares from 70,930,153 to about 21,493,985. The company's board has approved this move, and it does not require shareholder approval. The new shares will commence trading on December 10, 2024, under the existing trading symbol.

The company believes this consolidation will increase its market appeal, thereby attracting more investors and facilitating future corporate activities. No fractional shares will be issued in the process; any fractions will be rounded down to the nearest whole share. Battery X Metals will also introduce new CUSIP and ISIN numbers, with details to follow in a future announcement. This consolidation reflects Battery X Metals' strategy to enhance marketability and support growth initiatives.