Battery X Metals: A Year of Achievements and a Vision for 2025

As we step into 2025, Battery X Metals (CSE:BATX) has much to celebrate following a year of significant accomplishments and a clear vision for the future. The company, focused on the exploration and development of battery and critical mineral resources, as well as proprietary technologies, has made substantial strides in 2024. Let's take a look at some of the key highlights and what lies ahead for this innovative energy transition resource exploration and technology company.



Strengthened Balance Sheet and Financial Position

Battery X Metals began 2024 by raising $1.77 million through non-brokered financings, demonstrating strong investor confidence in the company's prospects. Additionally, the company reduced liabilities by $1.28 million through equity conversions and renegotiated contractual obligations, significantly improving its overall capital structure and working capital position. This financial strength will enable Battery X Metals to invest in its exploration projects, technological advancements, and strategic acquisitions, ultimately driving future growth.

Technological Innovations and Partnerships

One of the most notable achievements in 2024 was the advancement of Battery X Metals' eco-friendly froth flotation technology in partnership with a globally recognized Top 20 University. This collaboration focused on developing methods to recover battery-grade graphite and other critical materials from end-of-life lithium-ion batteries. By avoiding traditional battery material recovery methods that entail smelting and leaching, Battery X Metals aims to minimize environmental impact while addressing material shortages in the lithium-ion and EV battery market.

Expanding Battery-Technology Portfolio

Battery X Metals expanded its battery-technology portfolio in 2024 by acquiring a 49% ownership stake in Li-ion Battery Renewable Technologies Inc. (LIBRT). LIBRT achieved key milestones in its proprietary battery diagnostics and rebalancing technologies, setting the stage for future development and commercialization. This strategic acquisition aligns with Battery X Metals' long-term goal of extending the lifespan of lithium-ion and EV batteries through its portfolio company, LIBRT, contributing to a cleaner, greener future.

Exploration Acquisitions and Results

Battery X Metals secured 100% ownership of two lithium exploration projects in Quebec, spanning approximately 7,000 hectares (~17,297 acres) in key mining regions. Additionally, the company advanced exploration at the Belanger Project in Red Lake, Ontario, targeting gold and copper, with an option to acquire 100% ownership subject to a 3% net smelter royalty. These exploration acquisitions and results align with the company's long-term goal of exploring and developing mineral resources to meet the growing demand for sustainable energy solutions in North America.



Vision for 2025

As Battery X Metals looks ahead to 2025, its focus remains on advancing the development and validation of battery-grade graphite and critical material recovery technologies, expanding exploration efforts to meet the growing demand for battery and critical minerals, and accelerating the commercialization of LIBRT's battery diagnostics and rebalancing solutions. The company remains committed to driving sustainable innovation in support of the global clean energy transition and the growth of the EV market.

In conclusion, Battery X Metals' 2024 achievements have positioned the company for a successful 2025, with a clear roadmap for growth and value creation. By continuing to invest in exploration, technological advancements, and strategic partnerships, Battery X Metals is well on its way to becoming a leader in the battery metals industry, driving sustainable innovation and contributing to a cleaner, greener future.