Battery X Metals closes second tranche of private placement, raises C$113,261

Reuters2026/08/13 05:31

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Battery X Metals closed a second tranche of a non-brokered private placement, issuing 41,185 units for gross proceeds of $113,260.95.
Units priced at $2.75 each, consisting of one common share, one transferable warrant exercisable at $3 until Aug. 12, 2028.
Total raised across the first and second tranches reached C$ 713,261.45 from 259,367 units.
Proceeds earmarked for corporate development, regulatory work tied to capital markets initiatives, debt paydowns, awareness spending, and working capital.
Company expects additional tranche closings on or before Sept. 4, 2026, subject to Canadian Securities Exchange requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Battery X Metals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608130130ACCESSWRNAPR_____1206860) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Battery X Metals closes second tranche of private placement, raises C$113,261

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