International Battery Metals is pleased to announce that it has closed its non-brokered private placement as previously announced on Dec 21, 2023, by issuing 2,694,804 units of the Company at a price of $0.70 per Unit for aggregate proceeds to the Company of approximately USD$1.415 million. The Private Placement was oversubscribed. Each Unit consists of one common share in the capital of the Company, and one common share [...]
International Battery Metals is pleased to announce that as a result of investor demand, it intends to complete a second closing of its previously announced private placement completed on December 8, 2023. In the second closing, the Company expects to issue up to 2,475,757 units for a price of CAD$0.70 per Unit, for total proceeds of up to USD $1.3 million. Each Unit will consist of one common share in the capital of the [...]
International Battery Metals is pleased to announce the appointment of Libor Michel to serve as Co-Chief Executive Officer, along with Garry Flowers, and Douglas Smith as Chief Financial Officer, effective immediately. Mr. Michel has decades of experience as a strategic advisor to companies in the energy and energy transition sectors, raising substantial capital and driving transformative acquisition transactions. Mr [...]
International Battery Metals is pleased to announce that it has closed its previously announced private placement of units. Pursuant to the Private Placement, the Company issued 1,629,838 units at a price of CAD$0.70 per Unit, for aggregate gross proceeds of CAD$1,140,886. Each Unit consists of one common share in the capital of the Company, and one common share purchase warrant, with each Warrant entitling the holder to [...]
International Battery Metals is pleased to announce that it plans to complete a non-brokered private placement of up to 1,649,243 units for a price of CAD$0.70 per Unit, for total proceeds of up to USD $850,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant will permit the holder to acquire one additional Common Share at a price of $0.82 for a [...]
International Battery Metals is pleased to announce that it has entered into an engagement agreement with Novak Druce Carroll. Novak LLP is a law firm operating out of the State of Texas, which offers unique services related to intellectual property and patent protection. Pursuant to the terms of the Engagement Agreement, Novak LLP will assist the Company with the further development and enhancement of its intellectual [...]
International Battery Metals is pleased to advise that on Wednesday, Aug. 30, 2023, it filed with the BC Securities Commission an Annual Information Form for the financial year ending March 31, 2023. The filing of the AIF is due in part to the Company's ongoing development of its Module Direct Lithium Extraction Unit, as well as the Company's ongoing strive to ensure it maintains the highest disclosure standards [...]
International Battery Metals has received certification from Greg Mehos & Associates , an independent testing agency, that shows that its modular direct lithium extraction technology performed in accordance with company claims, delivering a 97% extraction rate of lithium from feed brine. According to GM&A, IBAT's existing commercial plant produces a total recovery rate of 95% using its internal transition recycle loop [...]
International Battery Metals has appointed Rita Adiani to its advisory board. Adiani has significant experience in capital raising, M&A and resource & energy transition technology integration. She has worked for nearly two decades as a senior-level executive in the resource industry spanning roles in corporates, private equity, investment banking and corporate law. Adiani serves as Senior Vice President, for strategy [...]
International Battery Metals , a lithium extraction company that boasts a patented technology to obtain lithium more efficiently and with a lower environmental impact, has announced that it is looking for partners in exploring and developing potential lithium extracting sites in the US. IBAT's mobile modular direct lithium extraction method can be used in a wide variety of areas and can obtain more battery-grade lithium [...]
VANCOUVER, BC and HOUSTON, Texas, April 27, 2023 /CNW/ - International Battery Metals Ltd. is pleased to announce that it has closed a follow up private placement financing for gross proceeds of CAD$6,693,500 . This follow up private placement is being made by the group who invested CAD$10,000,000 in February, 2022. Garry Flowers, IBAT's CEO, notes "Over the past five years, IBAT has designed, assembled, tested and put in [...]
VANCOUVER, BC AND HOUSTON, Texas, April 24, 2023 /CNW/ - International Battery Metals Ltd. is pleased to announce that it has entered into a follow up private placement financing of 6,396,999 units for gross proceeds of CAD$6,693,500 . Each Unit consists of one common share of the Company valued at CAD$1.04635 and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one additional [...]