Welcome to our dedicated page for Battery X Metals news (Ticker: BATXD), a resource for investors and traders seeking the latest updates and insights on Battery X Metals stock.
Battery X Metals Inc. (CSE: BATX, OTCQB: BATXD, FSE: R0W) issues news updates that reflect its dual focus on battery and critical mineral exploration and battery-related technologies. Company announcements describe activities across a portfolio of Canadian projects and its work through a portfolio company dedicated to lithium-ion and electric vehicle (EV) battery technologies.
News releases frequently cover exploration programs and geological results, particularly at the Belanger Project in Ontario’s Birch-Uchi Greenstone Belt near Red Lake. These updates describe prospecting, rock sampling, and lake sediment sampling designed to evaluate gold and base metal potential, along with commentary on geological settings and mineralized zones. Readers can follow how the company interprets exploration data and outlines the potential of its gold-copper and battery metal targets.
Battery X Metals’ news flow also includes information on its lithium-focused projects, such as the Leaf River Project in Nunavik, Quebec, the Reservoir-Dozois Project in Abitibi, Quebec, and the Y Lithium Project near Bailey Lake, Saskatchewan. Announcements may discuss engagements with geological consulting firms for property evaluations, claim status reviews, and recommendations for field programs to advance these exploration assets.
In addition, the company publishes corporate and capital markets updates, including share consolidation details, warrant repricing, and changes to warrant terms under Canadian Securities Exchange policies. These items help investors track developments in the company’s capital structure.
For those following the energy transition, Battery X Metals’ news provides insight into how an exploration and technology-focused company approaches battery metals, lithium projects, and EV battery lifespan and recycling technologies. Regularly reviewing these updates can help readers understand the evolution of its projects and its stated role in the clean energy transition.
Battery X Metals has engaged a geological consulting firm to evaluate and conduct preliminary work programs for its core battery and critical mineral exploration projects. The firm will assess claim status, costs, provide geological overviews, review historical work, and recommend 2025 field programs.
The company's portfolio includes the Belanger Project (gold-copper) in Red Lake, Ontario; Leaf River Project (lithium) in Nunavik, Quebec; Reservoir-Dozois Project (lithium) near Sayona Mining's Abitibi Lithium Hub; and Y Lithium Project in Bailey Lake, Saskatchewan.
Additionally, Battery X Metals announced the acceleration of its warrant expiry dates following the company's stock price closing at or above $0.31 for 10 consecutive trading days. The new expiry date for 3,374,993 outstanding repriced warrants is March 2, 2025, after 180,000 warrants were exercised on January 23, 2025.
Battery X Metals (CSE:BATX/OTCQB:BATXD) has announced a strategic corporate branding and awareness initiative through an engagement with Carsten Schmider Media Relations Publishing. The 45-day engagement, starting January 23, 2025, involves managing banner ads for a European native advertising campaign through the Triple-A Report, with creative content provided by the company.
The company has invested €140,000 (CAD$206,000) in these digital marketing services. The campaign will feature banner ads scheduled for 21 days within the engagement period. Schmider Media and its principals operate at arm's length to Battery X Metals and currently hold no company securities.
Additionally, Battery X Metals has canceled its previously announced digital marketing agreement with Atkiencheck.de AG. The company will receive a refund of $73,890 through monthly payments of $4,926 over 15 months, as no services were provided under this agreement.
Battery X Metals has announced the repricing of 3,554,993 common share purchase warrants to a revised exercise price of $0.25 per warrant, effective immediately. This follows the company's 3.3:1 share consolidation from December 10, 2024. The repriced warrants include:
- 1,294,392 warrants expiring January 24, 2026 (original price $0.66)
- 355,151 warrants expiring February 9, 2026 (original price $0.66)
- 1,496,360 warrants expiring July 29, 2026 (original price $0.33)
- 409,090 warrants expiring September 3, 2026 (original price $0.33)
Per CSE policies, if the company's share price exceeds the new exercise price by 25% for ten consecutive trading days, the warrant terms must be amended to 30 days.
Battery X Metals has announced results from its 2024 exploration program at the Belanger Project near Red Lake, Ontario. The project, spanning 109 unpatented mining claims, revealed significant mineral findings across multiple zones. The Williamson Zone showed notable results with 11.8 g/t gold, 4.59% copper, and 59.7 ppm silver.
A new gold discovery 700m northeast of the Williamson Zone yielded 1.74 g/t gold. Other significant findings include the South Bay Road area (1.52 g/t gold, 0.7% copper, 0.7% zinc) and the Hemming Zone (1.52 g/t gold). The company has an option to acquire 100% interest in the project for remaining payments totaling $16,500, subject to a 3% net smelter returns royalty.