International Battery Metals Ltd. Announces RSU Grant

Rhea-AI Summary

International Battery Metals (OTCQB:IBATF) granted 740,524 restricted share units (RSUs) to Norma Garcia, General Counsel and Corporate Secretary. The RSUs vest in equal annual installments over three years and settle into common shares once vested, under the company’s equity compensation plan and TSX Venture Exchange policies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

• Grant of 740,524 RSUs to key executive aligns compensation with equity performance
• Three-year equal annual vesting schedule supports long-term retention and incentives

Negative

• Settlement of 740,524 RSUs into common shares will incrementally increase share count and dilute existing holders

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VANCOUVER, BC AND HOUSTON, TX / ACCESS Newswire / June 23, 2026 / International Battery Metals Ltd. ("IBAT") (TSXV:IBAT)(OTCQB:IBATF), an advanced technology provider of modular direct lithium extraction (DLE) systems, today announced that the Board of Directors approved the grant of 740,524 restricted share units of the Company ("RSUs") to Norma Garcia, General Counsel and Corporate Secretary. The RSUs will vest in equal installments on the annual anniversary of the date of grant over a three-year period from the date of grant, and once vested, each RSU will settle into one common share of the Company. The RSUs are subject to the terms of Company's equity compensation plan, applicable securities law holding periods and the policies of the TSX Venture Exchange (the "TSXV").

About International Battery Metals Ltd.

IBAT's direct lithium extraction technology is based on proprietary lithium extraction media housed in patented extraction columns. The columns are enclosed in modular, transportable skid mounted platforms that can be transported and commissioned into production within a reasonably short time frame.

Utilizing the patented technology, the Company's focus has been on advancing extraction of lithium chloride from ground water salt brine and produced water deposits. The Company's unique patented technology ensures efficient delivery of lithium chloride while ensuring minimal environmental impact.

Investor Relations contact:

Brian Siegel, IRC, MBA
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com

Neither the TSXV, the OTCQB nor their respective Regulation Services Providers accept responsibility for the adequacy or accuracy of this news release.

SOURCE: International Battery Metals Ltd.

View the original press release on ACCESS Newswire

FAQ

What RSU grant did International Battery Metals (OTCQB:IBATF) announce on June 23, 2026?

International Battery Metals granted 740,524 restricted share units to Norma Garcia, its General Counsel and Corporate Secretary. According to International Battery Metals, the RSUs vest in equal annual installments over three years and convert into common shares upon vesting, subject to plan and TSXV conditions.

How do the new International Battery Metals (IBATF) RSUs vest over time?

The 740,524 RSUs granted to Norma Garcia vest in equal installments on each annual anniversary of the grant date. According to International Battery Metals, this vesting occurs over a three-year period, after which each vested RSU settles into one common share of the company.

Who received the 740,524 RSUs from International Battery Metals (IBATF)?

International Battery Metals granted 740,524 restricted share units to Norma Garcia, its General Counsel and Corporate Secretary. According to International Battery Metals, these RSUs are part of the company’s equity compensation plan and are subject to applicable securities law holding periods and TSXV policies.

What does the International Battery Metals (IBATF) RSU grant mean for shareholders?

The RSU grant could modestly increase the company’s future share count as units vest into common shares. According to International Battery Metals, 740,524 RSUs will settle one-for-one into common shares after three years, creating some dilution but aligning executive incentives with shareholder value.

Are the new International Battery Metals (IBATF) RSUs subject to any conditions?

Yes, the RSUs are subject to the company’s equity compensation plan, securities law holding periods, and TSX Venture Exchange policies. According to International Battery Metals, each RSU will only settle into one common share once vested and after those conditions are satisfied.