Battery Mineral Resources Plans C$ 17 Million Private Placement

• Battery Mineral Resources on October 28, 2026, announced a proposed non-brokered private placement targeting approximately CAD 17 million.
• The offering would issue approximately 85,000,000 common shares at CAD 0.20 each, subject to regulatory approvals.
• Insiders, including Weston Energy or its affiliates, are expected to subscribe for more than 25% of the offering.
• Net proceeds will support operations and development at the Punitaqui copper mining complex in Chile, working capital and general corporate purposes.
• The placement would bring aggregate financing proceeds in 2026 to approximately CAD 29.8 million, exceeding the original CAD 25 million fundraising target.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Battery Mineral Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610281705NEWSFILECNPR____20261028_321448_1) on October 28, 2026, and is solely responsible for the information contained therein.