Fuse Battery Metals Stock Price, News & Analysis

Fuse Battery Metals Inc. (OTCQB:FUSEF) is a Canadian-based mineral exploration company whose stated focus is on high value metals required for the manufacturing of batteries. The company trades on the TSX Venture Exchange under the symbol FUSE and is described in multiple corporate updates as concentrating on exploration projects in North America that are prospective for lithium and cobalt.

According to company news releases, Fuse Battery Metals has assembled a portfolio of exploration-stage properties. In the U.S., the company owns 100% of the Lithium Springs Property at the southern end of the Black Rock Desert in Nevada and the Monitor Valley North Lithium Property in Nevada’s Monitor Valley. These projects target lithium in playa, alluvial fan, sedimentary and claystone settings, and have been the subject of soil sampling, geophysical surveys and technical reporting intended to identify potential lithium brine and clay targets.

In Canada, Fuse holds interests in cobalt-focused properties near Cobalt, Ontario. The company reports a 100% interest in the Glencore Bucke Property in Bucke Township and the Teledyne Cobalt Project in Bucke and Lorrain Townships. These properties are located adjacent to or near the historic Agaunico Mine, which historically produced cobalt and silver, and benefit from existing underground infrastructure such as a development ramp and decline on the Teledyne Property as described in company disclosures.

Business focus and exploration activities

Fuse Battery Metals states that its business model is centered on mineral exploration rather than production. The company highlights work programs on its Nevada lithium properties, including grid soil sampling, magnetotelluric (MT) and controlled-source audio-frequency magnetotellurics (CSAMT) geophysical surveys, and the preparation of National Instrument 43-101 technical reports by independent qualified persons. At Lithium Springs, earlier work cited by the company includes soil sampling with elevated lithium values in playa silts and salt crust, followed by shallow sampling and high-resolution geophysics to define potential drill targets.

For the Monitor Valley North Lithium Property, Fuse describes the target as a sediment-hosted lithium clay system within Miocene mudstone and claystone. Company news notes that initial regional sampling reported lithium values in sediments and that the area is considered prospective due to its geologic setting and geothermal activity. The company has reported completion of Phase 1 work at Monitor Valley, involving detailed soil sampling on a 100 m by 100 m grid and CSAMT geophysical surveying to help predict subsurface structure and possible lithium accumulation zones.

On the Ontario cobalt properties, Fuse has reported diamond drilling at Glencore Bucke, with intercepts of cobalt mineralization and copper-bearing sulphides in several drill holes. The company’s disclosures indicate that the Glencore Bucke and Teledyne properties are subject to production royalties and off-take or back-in provisions in favor of third parties, and that substantial historical exploration expenditures have been made on Teledyne, resulting in underground access and development.

Corporate developments and strategic direction

Fuse Battery Metals has communicated several corporate initiatives that affect how investors may view the FUSEF stock. In a January 2023 news release, the company announced a name change from Fuse Cobalt Inc. to Fuse Battery Metals Inc., explaining that the new name better reflects its focus on multiple battery metals, including lithium and cobalt. The trading symbol on the TSX Venture Exchange remained FUSE following the name change.

In October 2023, Fuse announced that it had entered into an Arrangement Agreement to spin out its Teledyne and Glencore Bucke cobalt properties into a wholly owned subsidiary, Ignition Battery Metals Inc. The proposed spin-out, to be implemented by a statutory plan of arrangement, would transfer those Ontario cobalt assets to Ignition while Fuse would continue to hold its North American lithium properties. The company indicated that it intends to seek a TSX Venture Exchange listing for Ignition, subject to regulatory and shareholder approvals, and that Fuse shareholders would receive shares of Ignition as part of the transaction.

In subsequent shareholder communications, Fuse reiterated that the spin-out is intended to separate its Ontario cobalt assets from its Nevada lithium properties and allow each to be financed and advanced independently. The company has also referenced financings completed to support its mineral exploration programs and has stated that it is fully funded for certain planned exploration seasons, based on cash balances described in its news releases.

Proposed change of business with Pointor AI

More recent news describes a potential corporate transition. In July 2025, Fuse announced a binding letter of intent with 1545726 B.C. Ltd. (doing business as Pointor AI), a private company focused on developing an AI-driven recruitment technology platform. The LOI contemplates a three-cornered amalgamation in which Fuse would acquire 100% of the common and preferred shares of Pointor AI. The company stated that completion of this transaction would constitute a Change of Business/Reverse Take-Over under TSX Venture Exchange Policy 5.2, as Fuse’s current business is mineral exploration.

In September 2025, Fuse reported that it had entered into a Share Exchange Agreement with Pointor AI for the acquisition of all of its shares by way of a share exchange transaction. The releases emphasize that the transaction is subject to shareholder approval, TSX Venture Exchange acceptance, completion of financing, due diligence, and other customary conditions. Fuse also notes that upon completion of the transaction, it expects to be classified as a Tier 2 Technology Issuer on the TSX Venture Exchange.

The company’s disclosures explain that Pointor AI is developing an AI-driven recruitment platform that uses machine learning and natural language processing to analyze publicly available professional data. The platform is described as offering capabilities such as competitor research, automated organizational chart building, talent mapping and salary benchmarking within a four-layer architecture (data collection, processing, intelligence and interface). Pointor AI plans to commercialize its technology under a Software-as-a-Service model, initially targeting large enterprises in the European financial services industry and other markets as outlined in Fuse’s news releases.

Fuse’s news also outlines proposed terms of the transaction with Pointor AI, including the issuance of common shares of Fuse to Pointor AI shareholders and performance-based escrow milestones tied to product development and revenue thresholds. The company indicates that it has provided a loan to Pointor AI to cover transaction-related costs, with terms dependent on whether the transaction is completed within a specified period.

Status considerations for FUSEF

Based on the available information, Fuse Battery Metals Inc. remains described as a Canadian exploration company with lithium and cobalt projects, while also pursuing a proposed reverse take-over and change of business to become a technology issuer through the acquisition of Pointor AI. The company’s releases state that this transaction is not yet completed and remains subject to multiple approvals and conditions. There is no explicit statement in the provided materials that the company has ceased operations, been delisted, or completed the change of business, so any investor using the FUSEF stock symbol should review the latest regulatory and exchange disclosures to understand the current status.

Key properties referenced in company disclosures

• Lithium Springs Property (Nevada) – 100% owned by Fuse, covering playa and alluvial fan at the southern end of the Black Rock Desert, with prior soil sampling and geophysical work indicating elevated lithium values in playa sediments and salts.
• Monitor Valley North Lithium Property (Nevada) – 100% owned, consisting of 97 placer claims over alluvial sediments and clays in Monitor Valley, described as a sediment-hosted lithium clay target where Fuse has carried out soil sampling and CSAMT surveys.
• Glencore Bucke Property (Ontario) – 100% interest, subject to a back-in provision, production royalty and off-take agreement; located near Cobalt, Ontario, adjoining the historic Agaunico Mine area and contiguous with Fuse’s Teledyne Project.
• Teledyne Cobalt Project (Ontario) – 100% interest, subject to royalty and off-take agreements; includes patented and unpatented mining claims with historical underground development and significant past exploration expenditures.

FUSEF stock and investor considerations

For investors researching FUSEF stock, the company’s news flow covers both traditional mineral exploration activities and a potential transition toward an AI recruitment technology business through Pointor AI. The mineral projects described are exploration-stage, with work programs focused on sampling, geophysics, technical reporting and, in the case of Glencore Bucke, diamond drilling. The proposed change of business, if completed, would shift Fuse’s primary business focus away from mineral exploration toward technology and software as described in the Share Exchange Agreement and related announcements.

Because many of these developments depend on regulatory, shareholder and financing outcomes, anyone evaluating Fuse Battery Metals Inc. should consult the most recent company disclosures, exchange bulletins and regulatory filings to confirm the latest status of the FUSEF listing, the Ignition Battery Metals spin-out, and the Pointor AI transaction.