Fuse Battery Announces Amended Terms of Financing to Include a Warrant and RTO Transaction

About this update from Fuse Battery Metals Inc

Fuse Battery Announces Amended Terms of Financing to Include a Warrant and RTO Transaction (TheNewswire)     Coquitlam, BC, April 28, 2026 – TheNewswire - Fuse Battery Metals Inc. (“the Company” or “Fuse”) (TSXV: FUSE, OTCQB: FUSEF, FRA: 43W3) announces that further to its news release dated March 27, 2026,  February 24, 2026 and December 23, 2025, the Company has amended the terms of the of the subscription receipt financing (“Financing”), The Company intends to complete a private placement financing for a minimum of $2,000,000 at a price of CAD$0.05 per subscription receipt (“Subscription Receipt”), subject to TSX Venture Exchange (“Exchange)” final approval.   Upon satisfaction of the Escrow Release Conditions (including completion of the Reverse Take-Over Transaction),  each Subscription Receipt shall be automatically exercised, without any further action by the holder of such Subscription Receipt (and for no additional consideration) into units (“Units”), whereby each Unit will consist of one common share of the Company ( a “Share”) and one share purchase warrant (a “Warrant”) exercisable at CAD$0.10 per Warrant Sharese for a period of 24 months from the date of issuance.   The Financing has also received an additional 30 day extension expiring on May 27, 2026 from the Exchange to complete the Financing being completed in connection with the RTO Transaction.   The Corporation may pay finder’s fees in connection with the Financing, which may be payable in cash, securities, or a combination thereof, in accordance with the policies of the Exchange and applicable securities laws.  The finder’s fees are also subject to Exchange approval.   In connection with the Amended terms of the Financing, the Company has entered into an Amended Agreement dated April 26, 2026 with 1545726 B.C. Ltd. dba Pointor AI (Pointor AI) to the Share Exchange Agreement dated September 9, 2025.     The securities issued under the Financing, including the Common Shares, Warrants and Warrant Shares, shall be subject to applicable hold periods in accordance with Applicable Canadian Securities Laws and the policies of the Exchange.     Available Funds and Principal Purposes   Available...

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