Grid Battery Metals Adopts Semi-Annual Financial Reporting

About this update from Grid Battery Metals Inc

Coquitlam, BC – TheNewswire - April 20, 2026- Grid Battery Metals Inc. (the “Company” or “Grid”) (TSXV: CELL, OTCQB: EVKRF FRA: NMK2) announces that it has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting (“SAR”). Coordinated Blanket Order 51-93 allows eligible venture issuers listed on the TSX Venture Exchange (the “TSXV”) to voluntarily move from a quarterly to a semi-annual financial reporting framework. Grid’s fiscal year ends on June 30, 2026. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management’s Discussion & Analysis (MD&A) for its first and third quarters: Interim Period: The Company will not file an interim report for the first quarter (Q1) ending September 30, 2026; and  Interim Period: The Company will not file an interim report for the third quarter (Q3) ending March 31, 2026; and  Ongoing Reporting: Grid will continue to file audited annual financial statements (due within 120 days of June 30, 2026) and six-month interim financial reports (due within 60 days of December 31, 2026).  The Company confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record. This news release is being filed pursuant to Coordinated Blanket Order 51 – 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers. About the BC Gold-Copper Property The Company acquired a 100% interest in 17 mineral claims comprising 27,525 hectares (approximately 275 km2) located in North Central British Columbia. The region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services.  Prominent among early discoveries in the Omineca region include the nearby Lustdust/Stardust Copper – Gold deposit; the Kwanika Copper - Gold deposit  and the Lorraine Copper deposit (all of which are owned by (NorthWest Copper Corp. (TSXV: NWST)).  The Company’s claims are also located between Centerra Gold Inc.’s (TSX: CG, NYSE: CGAU) prominent Copper/Gold assets, the Kemess North project and the operating Mount Milligan mine, which has produced over 1.8 million ounces of gold and 742 million pounds of copper (Technical Report on the Mount M...

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