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Free Battery Metal Announces Proposed Acquisition of the Lac Binette Property
Toronto, Ontario--(Newsfile Corp. - July 3, 2025) - Free Battery Metal Limited (CSE: FREE) (Formerly, Titus Energy Corp.) (the "Company" or "Free Battery"), ann
About this update from Canadian Uranium Corp
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - July 3, 2025) - Free Battery Metal Limited (CSE: FREE) (Formerly, Titus Energy Corp.) (the \"Company\" or \"Free Battery\"), announces that it has entered into an arm's length share exchange agreement, dated July 2, 2025, pursuant to which the Company has agreed to acquire (the \"Acquisition\") 15442568 B.C. Ltd., the owner of the Lac Binette property (the \"Property\"), located in Quebec's Upper Laurentians, situated just 1.2 km west of the Mitchinamecus Reservoir, in exchange for 1,000,000 common shares of the Company at a deemed issue price of $0.38 per share. The Property represents a prospective critical metals target within a pair of contiguous mineral claims totaling 117.6 square hectares. Completion of the Acquisition is subject to the satisfaction of customary conditions precedent, including the approval of the Canadian Securities Exchange. A finder's fee of 100,000 common shares of the Company at a deemed issue price of $0.38 per share will be issued to certain finders upon completion of the Acquisition. All shares issued in connection with the Acquisition will be subject to a hold period of four months and one day from issuance. About Free Battery Metal Limited Free Battery Metal Limited is a publicly traded company exploring for Lithium. Free Battery is committed to responsible mining practices and is actively exploring the Mound Lake Property in northwestern Ontario. The property comprises 243, single-cell unpatented mining claims totaling approximately 4,860 hectares. Historically, there has been little or no mineral exploration on or near the Mound Lake Property. The Company sees lithium and other rare metals as critical commodities in supporting the global move towards green technologies including the transition to electric vehicles. For more information, visit www.freebatterymetal.com. Contact Information: Free Battery Metals LimitedPam Sangster, Chief Executive [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking information or forward-looking statements under applicable Canadian (\"forward-looking statements\"). All information that addresses activities or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are often, but not alway...