Mr. Massimo Bellini Bressi reports

BATTERY X METALS ANNOUNCES WARRANT EXTENSION AND REPRICING ALIGNED WITH CAPITAL STRATEGY

Battery X Metals Inc. has extended and repriced an aggregate of 2,393,939 common share purchase warrants to a revised expiry date of Oct. 16, 2026, and a revised exercise price of 25 cents per repriced warrant, effective immediately. Under the policies of the Canadian Securities Exchange, the warrant repricing is subject to the unanimous consent of the registered holders of the outstanding repriced warrants. The repriced warrants had an original exercise price of 49.5 cents (adjusted for a prior share consolidation) and an expiry date of Oct. 16, 2025.

Further to the company's news release dated Sept. 26, 2025, whereby the company announced the receipt of approximately $1,562,861 in proceeds from the exercise of common share purchase warrants over a nine-month period, which contributed to strengthening Battery X Metals' capital position through internally generated financing within its existing capital structure, management believes that the extension and repricing of the repriced warrants are consistent with this strategy and provide the company with the opportunity to further support its financial position through internally generated financing within its existing capital structure.

As the warrant repricing will result in an exercise price lower than the market price of the company's common shares on the date the warrants were issued, CSE policies require that, if, following the warrant repricing, for any 10 consecutive trading days, the closing price of the company's common shares on the CSE exceeds the amended exercise price by 25 per cent, the term of the repriced warrants must be amended to 30 days. The amended expiry date will be announced by the company by press release and the 30-day period will commence seven days from the end of the 10-consecutive-trading-day period referred to above.

About Battery X Metals Inc.

Battery X Metals 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-degree approach to the battery metals industry, the company focuses on exploration, lifespan extension and recycling of lithium-ion batteries and battery materials.

We seek Safe Harbor.