Battery X Metals confirms October 28, 2025 as the effective date for strategic share consolidation to enhance company growth and capital market presence

Highlights of the press release:

1. Battery X Metals confirms October 28, 2025, as the effective date for the 20:1 strategic share consolidation, reducing the number of issued and outstanding common shares from approximately 70.2 million to 3.5 million. This represents an important step toward optimizing the Company's capital structure.

1. The strategic consolidation is part of the company's broader strategic initiatives to strengthen balance sheet flexibility, improve the marketability and accessibility of its shares, and support long-term corporate growth and capital markets initiatives aimed at expanding investor reach and increasing shareholder value.

1. This strategic initiative is part of Battery X Metals' integrated 360° growth strategy, which encompasses exploration, rebalancing and recycling and strengthens the company's commitment to developing sustainable technologies that advance the global transition to clean energy.

Vancouver, British Columbia - October 27, 2025 / IRW-Press / Battery X Metals Inc. (CSE:BATX) (OTCQB:BATXF) (FWB:5YW, WKN:A40X9W) ("Battery X Metals" or the "Company"), a resource exploration and energy transition technology company, announces that, further to its press release dated October 17, 2025, it will conduct a strategic share consolidation of its issued and outstanding common shares (the "Common Shares") on a 20-for-1 basis, whereby every twenty (20) pre-Consolidation Common Shares will be consolidated into one (1) post-Consolidation Common Share (the "Consolidation"), effective October 28, 2025 (the "Effective Date").

The consolidation will result in the number of issued and outstanding common shares being reduced from the currently outstanding 70,169,303 common shares to approximately 3,508,471 common shares, subject to rounding. The Company's name and trading symbols will remain unchanged following the consolidation. The new CUSIP number is 07135M302, and the new ISIN number for the common shares following the consolidation is CA07135M3021.

Strategic justification

The Company's Board of Directors believes the Consolidation is part of the Company's broader strategic initiatives to strengthen its capital structure and advance its long-term operating and growth objectives. The Consolidation is expected to provide the Company with greater flexibility for future corporate activities, including but not limited to those discussed herein and in its prior disclosures, enhance the marketability of the Company's common shares, and attract a broader range of potential investors, thereby increasing market interest in providing additional financing for operating and growth initiatives. This initiative is consistent with the Company's continued efforts to strengthen its market positioning, management alignment, and overall strategic planning as part of its integrated 360° strategy across the entire battery metals value chain, including exploration, rebalancing, and recycling, to advance next-generation solutions that contribute to the global energy transition.

Shareholder process

In accordance with CSE policies, the Company has sought shareholder approval for the consolidation at the Company's annual general and special meeting of shareholders on July 16, 2025. The consolidation was approved by the Company's Board of Directors. On the record date, the common shares will trade on a consolidated basis under the Company's existing name and ticker symbol.

No fractional shares will be issued as part of the consolidation. Pursuant to the provisions of the Business Corporations Act (BC), any fractional common shares remaining after the consolidation that are less than one-half of a common share will be cancelled, while any fractional common shares that are equal to or greater than one-half of a common share will be rounded up to the nearest whole common share.

A letter of transmittal relating to the Consolidation will be sent to registered shareholders of the Company. All registered shareholders holding physical share certificates must deliver their certificates, representing pre-Consolidation common shares, along with the completed letter of transmittal, to Endeavor Trust Corporation ("Endeavor"), the Company's transfer agent, in accordance with the instructions in the letter of transmittal. Additional copies of the letter of transmittal may be obtained from Endeavor or through the Company's profile on SEDAR+ at www.sedarplus.ca.

About Battery X Metals Inc.

Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FWB:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company dedicated to advancing the exploration of domestic and critical battery metals deposits while developing proprietary next-generation technologies. With a diversified, 360-degree approach to the battery metals industry, the company focuses on the research, life extension, and recycling of lithium-ion batteries and battery materials. For more information, please visit batteryxmetals.com.

On behalf of the Board of Directors

Massimo Bellini Bressi, director

For further information please contact:

Massimo Bellini Bressi

Chief Executive Officer

Email: [email protected]

Phone: (604) 741-0444

Disclaimer for forward-looking information

This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release relate to, among other things, details regarding the 20:1 consolidation ratio, the closing date, the number of shares following consolidation, and the commencement of trading on a consolidated basis; the expected benefits of the consolidation, including improving the marketability of the Company's shares, attracting a broader investor base, and supporting the Company's broader strategic and corporate development objectives; and the Company's continued efforts to advance its integrated 360° strategy across the entire battery metals value chain, encompassing exploration, rebalancing, and recycling. These forward-looking statements are based on current expectations, assumptions, and projections that management believes are reasonable as of the date of this press release. Forward-looking statements are subject to inherent known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. These factors include, among others: the Company's ability to obtain all necessary regulatory and stock exchange approvals; the timely completion of the administrative process associated with the Consolidation and the issuance of the post-Consolidation Shares by the Company's transfer agent; fluctuations in market conditions or investor sentiment; and other risks described in the Company's ongoing disclosures, which are available under its profile at http://www.sedarplus.ca. Forward-looking statements reflect the beliefs, assumptions, and expectations of management at the time they are made and should not be relied upon as guarantees of future performance. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements.

The original language (usually English) in which the original text is published is the official, authorized, and legally binding version. This translation is provided for ease of understanding. The German version may be shortened or summarized. No responsibility or liability is assumed for the content, correctness, adequacy, or accuracy of this translation. From the translator's perspective, this release does not constitute a recommendation to buy or sell! Please refer to the original English release at www.sedarplus.ca, www.sec.gov, www.asx.com.au/, or on the company's website.

The original English press release can be found at the following link: https://www.irw-press.at/press_html.aspx?messageID=81563 The translated press release can be found at the following link: https://www.irw-press.at/press_html.aspx?messageID=81563&tr=1

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