Battery X Metals to Implement Share Consolidation

Battery X Metals Inc., a company traded on several exchanges, announced its decision to consolidate its common shares. The consolidation will proceed on a 3.3-to-1 basis, effective December 10, 2024. This change aims to provide increased flexibility for the company in pursuing financing opportunities.

Following the consolidation, the total number of issued and outstanding shares will be approximately 21,493,985. No fractional shares will be generated; fractional shares will be rounded down to the nearest whole number. The company's name and trading symbols will remain unchanged, though new CUSIP and ISIN numbers will be assigned.

Registered shareholders will receive a letter of transmittal for further instructions, facilitated by Endeavor Trust Corporation. This strategic move is seen as a preparatory step to enhance the company’s financial positioning.