Battery X Metals Announces Strategic Share Consolidation to Advance Corporate Growth and Capital Market Presence
Battery X Metals (OTCQB:BATXF, CSE:BATX) announced a proposed 20:1 share consolidation to enhance marketability and support its capital-structure and growth objectives. Management expects post-consolidation trading on the Canadian Securities Exchange to begin at market open on October 28, 2025.
The consolidation will reduce issued and outstanding common shares from 70,169,303 to approximately 3,508,465 (subject to rounding). Shareholder approval was obtained at the annual and special meeting on July 16, 2025. No fractional shares will be issued; fractions under one-half will be cancelled and fractions at least one-half will be rounded up. New CUSIP and ISIN numbers will be disclosed in a subsequent release.
Battery X Metals (OTCQB:BATXF, CSE:BATX) ha annunciato una proposta di consolidamento azionario 20:1 per migliorare la negoziabilità e supportare la struttura del capitale e gli obiettivi di crescita. La direzione prevede che la negoziazione post-consolidamento sulla Canadian Securities Exchange (CSE) inizi all’apertura del mercato il 28 ottobre 2025.
Il consolidamento ridurrà le azioni ordinarie emesse e in circolazione da 70.169.303 a circa 3.508.465 (soggetto a arrotondamento). L’approvazione degli azionisti è stata ottenuta durante l’assemblea annuale e straordinaria del 16 luglio 2025. Non verranno emesse azioni frazionarie; le frazioni inferiori a una metà saranno cancellate e le frazioni di almeno una metà verranno arrotondate per eccesso. I nuovi numeri CUSIP e ISIN verranno comunicati in una nota successiva.
Battery X Metals (OTCQB:BATXF, CSE:BATX) anunció una propuesta de consolidación de acciones 20:1 para mejorar la comerciabilidad y respaldar su estructura de capital y objetivos de crecimiento. La dirección espera que la negociación post-consolidación en la Canadian Securities Exchange comience en la apertura del mercado el 28 de octubre de 2025.
La consolidación reducirá las acciones comunes emitidas y en circulación de 70,169,303 a aproximadamente 3,508,465 (sujeto a redondeo). La aprobación de los accionistas se obtuvo en la asamblea anual y extraordinaria el 16 de julio de 2025. No se emitirán acciones fraccionarias; las fracciones por debajo de la mitad se cancelarán y las fracciones de al menos la mitad se redondearán hacia arriba. Se divulgarán nuevos números CUSIP e ISIN en un comunicado posterior.
Battery X Metals (OTCQB:BATXF, CSE:BATX)가 시장성 향상 및 자본 구조와 성장 목표를 지원하기 위해 주식 20:1 합병을 제안했습니다. 경영진은 합병 후 Canadian Securities Exchange에서의 거래가 2025년 10월 28일에 시가로 시작될 것으로 기대합니다.
합병으로 발행 및 유통 주식 수는 70,169,303에서 대략 3,508,465로 감소합니다(반올림 적용). 주주 승인은 2025년 7월 16일의 연례 및 특별 주주총회에서 얻었습니다. 2분의 1 미만의 소수주는 발행되지 않으며, 소수점이 1/2 미만인 경우 취소되고 1/2 이상인 경우에는 올림 처리됩니다. 새로운 CUSIP 및 ISIN 번호는 차후 발표에서 공개됩니다.
Battery X Metals (OTCQB:BATXF, CSE:BATX) a annoncé une proposition de consolidation actions 20:1 afin d'améliorer la liquidité et de soutenir sa structure de capital et ses objectifs de croissance. La direction prévoit que les échanges post-consolidation sur la Canadian Securities Exchange commenceront à l’ouverture du marché le 28 octobre 2025.
La consolidation réduira les actions ordinaires en circulations de 70 169 303 à environ 3 508 465 (arrondi en cas de besoin). L’approbation des actionnaires a été obtenue lors de l’assemblée annuelle et extraordinaire du 16 juillet 2025. Aucune action fractionalisée ne sera émise; les fractions inférieures à la moitié seront annulées et les fractions d’au moins la moitié seront arrondies à la hausse. De nouveaux numéros CUSIP et ISIN seront divulgués dans un prochain communiqué.
Battery X Metals (OTCQB:BATXF, CSE:BATX) kündigte eine vorgeschlagene 20:1-Aktienzusammenlegung an, um die Marktgängigkeit zu erhöhen und ihre Kapitalstruktur sowie Wachstumsziele zu unterstützen. Das Management erwartet, dass der Handel nach der Konsolidierung auf der Canadian Securities Exchange (CSE) ab Eröffnung des Marktes am 28. Oktober 2025 beginnt.
Die Konsolidierung wird die ausgegebenen und umlaufenden Stammaktien von 70.169.303 auf ungefähr 3.508.465 verringern (gerundet). Die Zustimmung der Aktionäre wurde bei der jährlichen und außerordentlichen Hauptversammlung am 16. Juli 2025 erteilt. Es werden keine Bruchteile ausgegeben; Bruchteile unter einer Hälfte werden gestrichen und Bruchteile von mindestens einer Hälfte werden aufgerundet. Neue CUSIP- und ISIN-Nummern werden in einer späteren Mitteilung bekannt gegeben.
Battery X Metals (OTCQB:BATXF, CSE:BATX) أعلنت عن مقترح تجميع أسهم 20:1 لتعزيز قابلية التداول ودعم هيكل رأس المال وأهداف النمو لديها. تتوقع الإدارة أن يبدأ التداول بعد الدمج في بورصة الأوراق المالية الكندية (CSE) عند فتح السوق في 28 أكتوبر 2025.
سيؤدي الدمج إلى تقليل الأسهم العادية المصدرة والمتداولة من 70,169,303 إلى نحو 3,508,465 (مع مراعاة التقريب). تم الحصول على موافقة المساهمين في الاجتماع السنوي والاستثنائي في 16 يوليو 2025. لن يتم إصدار أسهم كسور؛ سيتم إلغاء الكسور الأقل من النصف وستتم عملية التقريب لأعلى للكسور التي تبلغ النصف على الأقل. ستُعلن أرقام CUSIP وISIN الجديدة في بيان صحفي لاحق.
Battery X Metals (OTCQB:BATXF, CSE:BATX) 宣布提议进行 20:1 债务合并以提高市场流动性并支持其资本结构与增长目标。管理层预计合并后的交易将在 Canadian Securities Exchange 开盘时于 2025 年 10 月 28 日开始。
此次合并将把已发行在外的普通股由 70,169,303 股降至大约 3,508,465 股（按四舍五入计算）。股东在 2025 年 7 月 16 日 的年度及特别股东大会上已获得批准。不会发行股票的分数股；不足半股的将被取消，至少半股的分数将向上取整。新的 CUSIP 和 ISIN 编号将于后续公告中披露。
- 20:1 consolidation reduces outstanding shares to ~3,508,465
- Shareholder approval obtained on July 16, 2025
- Company expects post-consolidation trading to start on Oct 28, 2025
- Fractional shares less than 0.5 will be cancelled
- Fractional shares ≥ 0.5 will be rounded up, affecting small holders
News Release Highlights
Battery X Metals to pursue a share consolidation aimed at enhancing the marketability of its shares, attracting a broader base of investors, and positioning the Company to advance its long-term strategic and market objectives.
The share consolidation aligns with the Company's broader corporate strategy, supporting initiatives designed to strengthen its capital structure, improve market visibility, and enhance overall investor accessibility.
The Company continues to advance its corporate development and governance initiatives while executing on its integrated 360° strategy spanning exploration, rebalancing, and recycling.
VANCOUVER, BC, BC / ACCESS Newswire / October 17, 2025 / Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W)("Battery X Metals" or the "Company") an energy transition resource exploration and technology company, announces today the intention to consolidate all of its issued and outstanding common shares (the "Common Shares") on the basis of 20:1, with each twenty (20) pre-consolidated Common Shares being consolidated into one (1) post-consolidated Common Share (the "Consolidation"). Management anticipates that the Common Shares will commence trading on the Canadian Securities Exchange (the "CSE") on a post-consolidation basis at market open on October 28th, 2025.
The board of directors of the Company believes the Consolidation will provide the Company with greater flexibility for future corporate activities, including but not limited to those referenced herein and in its prior disclosures, enhance the marketability of the Common Shares and lead to increased interest by a broader spectrum of potential investors, thereby increasing market interest in providing additional financing for operational and growth initiatives.
This Consolidation forms part of the Company's broader effort to align its capital structure with its long-term operational and growth objectives, while continuing to strengthen its market positioning, corporate governance alignment, and overall strategic planning within its integrated 360° strategy across the battery metals value chain, encompassing exploration, rebalancing, and recycling, in support of advancing next-generation solutions that contribute to the global clean-energy transition.
As required by CSE policies, the Company obtained shareholder approval for the Consolidation at the Company's annual general and special meeting held on July 16, 2025. The proposed Consolidation has been approved by the Company's board of directors. Following the Consolidation, the Common Shares will begin trading on a consolidated basis under the existing Company name and trading symbol.
The proposed Consolidation would result in the number of issued and outstanding Common Shares being reduced from the current outstanding 70,169,303 Common Shares to approximately 3,508,465 Common Shares, subject to rounding. No fractional shares will be issued as a result of the Consolidation. As required under the Business Corporations Act(BC), any fractional Common Shares remaining after the Consolidation that are less than one half of a Common Share will be cancelled and any fractional Common Shares that are at least one half of a Common Share will be rounded up to one whole Common Share.
The Company will be obtaining a new CUSIP and ISIN number in connection with the Consolidation. The new CUSIP and ISIN numbers will be disclosed in a subsequent news release. The Company anticipates that the CSE will issue a bulletin to dealers advising of the Consolidation and effective date of trading on the consolidated basis.
About Battery X Metals Inc.
Battery X Metals (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360° approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and recycling of lithium-ion batteries and battery materials. For more information, visit batteryxmetals.com.
On Behalf of the Board of Directors
Massimo Bellini Bressi, Director
For further information, please contact:
Massimo Bellini Bressi
Chief Executive Officer
Email: mbellini@batteryxmetals.com
Tel: (604) 741-0444
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release relate to, among other things: the proposed Consolidation of the Company's common shares, including the anticipated record date, post-Consolidation share count, and timing of commencement of trading on a post-Consolidation basis; and the expected benefits of the Consolidation, including enhancing the marketability of the Company's shares, attracting a broader base of investors, and supporting the Company's broader strategic and corporate development objectives; and the Company's continuing efforts to advance its integrated 360° strategy across the battery metals value chain, encompassing exploration, rebalancing, and recycling. These forward-looking statements are based on current expectations, assumptions, and projections that management believes to be reasonable as of the date of this release. Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. Such factors include, but are not limited to: the Company's ability to obtain all required regulatory and exchange approvals; potential changes in the record date or timing of the Consolidation; variations in market conditions or investor sentiment; and other risks described in the Company's continuous disclosure filings available under its profile at www.sedarplus.ca. Forward-looking statements reflect management's beliefs, assumptions, and expectations at the time they are made and should not be regarded as guarantees of future performance. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements.
SOURCE: Battery X Metals
View the original press release on ACCESS Newswire
FAQ
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How many BATXF shares will be outstanding after the 20:1 consolidation?
Did Battery X Metals receive shareholder approval for the consolidation (BATXF)?
What happens to fractional BATXF shares after the consolidation?
Will Battery X Metals (BATXF) get a new CUSIP and ISIN after the consolidation?
