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Battery Mineral Resources Corp. Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of 174,430,850 common shares of the Company ("Common Shares") at a price of C$0.20 (USD$0.145) per Common Share for aggregate gross proceeds of approximately $34,886,170 (USD$25,300,000) (the "Private Placement").The net proceeds of the Private...
About this update from Battery Mineral Resources Corp
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of 174,430,850 common shares of the Company ("Common Shares") at a price of C$0.20 (USD$0.145) per Common Share for aggregate gross proceeds of approximately $34,886,170 (USD$25,300,000) (the "Private Placement").","length":510,"tagName":"p"},{"type":"text","content":"The net proceeds of the Private Placement will be used by the Company for general working capital purposes.","length":107,"tagName":"p"},{"type":"text","content":"Completion of the Private Placement is subject to receipt of all necessary regulatory approvals, including acceptance by the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the date of issuance in accordance with applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. No finder's fees are payable in connection with the Private Placement.","length":528,"tagName":"p"},{"type":"text","content":"The foregoing securities being offered have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons or persons in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.","length":548,"tagName":"p"},{"type":"text","content":"About Battery Mineral Resources Corp. ","length":37,"tagName":"p"},{"type":"text","content":"Battery Mineral Resources operates the Punitaqui Mining Complex, a historic copper, gold, and silver-producing mine in the Coquimbo region of Chile. The Company's portfolio also includes 100%-owned ESI Energy Services Inc. and North American mineral exploration assets. The Company is focused on providing shareholders with accretive exposure to copper and...