IBAT raises $2.0M via 26.4M units priced at $0.08 each to EV Metals affiliate

INTERNATIONAL BATTERY METALS LTD.

Issued 26,427,053 Units to EV Metals 9 LLC at USD $0.08 per Unit for $2.0M gross proceeds.
Each Unit includes one common share and one warrant (C$0.14 exercise price, 4-year term).
Paid Jacob Warnock 5% structuring fee on gross proceeds from this tranche.
Third follow-on under March 2025 LOI; $12.2M previously subscribed under same offering.
Units are restricted securities; subject to 4-month+1-day hold under Canadian securities laws.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

INTERNATIONAL BATTERY METALS LTD. issued 26,427,053 Units of unit to EV Metals 9 LLC for USD $0.08 per Unit.

Security: unit
Shares: 26,427,053 Units
Purchaser: EV Metals 9 LLC
Consideration: USD $0.08 per Unit

Exact text from the filing

("LOI") with EV Metals 7 LLC from March 2025. Each Unit includes one Company common share and one warrant (each, a "Warrant") to purchase one common share and is priced at USD $0.08 per Unit, with total gross proceeds of USD $2.0 million. Each Warrant entitles the holder to purchase one additional Company common share at a price of C$0.14 per share for a

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Source: SEC EDGAR

accession 0001193125-26-064189

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