Battery X Metals Announces Closing of First Tranche of Private Placement to Advance Corporate Growth

VANCOUVER, BC / ACCESS Newswire / June 5, 2026 / Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW0, WKN:A41RJF) ("Battery X Metals" or the "Company") an energy transition resource exploration and technology company, announces that, further to its news release dated May 22, 2026, the Company has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Private Placement"), through the issuance of 218,182 units of the Company (each, a "Unit") at a price of $2.75 per Unit, for aggregate gross proceeds of $600,000.50. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one transferable common share purchase warrant (each, a "Warrant").