Battery X Metals Advances 2025 Critical Metals Exploration Strategy, Initiates NI 43-101 Report for Y Lithium Project, and Strengthens Financial Position

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Ba�ery X Metals Advances 2025 Cri�cal Metals Explora�on Strategy, Ini�ates NI 43-101 Report for Y Lithium Project, and Strengthens Financial Posi�on

VANCOUVER, Bri�sh Columbia – August 1, 2025 – Ba�ery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W) (“Ba�ery X Metals” or the “Company”) an energy transi�on resource explora�on and technology company, announces that, its wholly-owned subsidiary, YY Resources Inc. (“YY Resources”) has completed a high-resolu�on LiDAR (Light Detec�on and Ranging) and orthophoto survey program (the “LiDAR Survey”) at its Y Lithium Project (the “Y Lithium Project”) located in northern Saskatchewan, near Bailey Lake. An assessment report (the “Assessment Report”) has been submi�ed to the Saskatchewan Ministry of Energy and Resources, and the Company has engaged an arm’s-length geological consul�ng firm (the “Geological Consul�ng Firm”) to prepare a Na�onal Instrument 43-101 (“NI 43-101”) technical report on the Y Lithium Project.

Battery X Metals’ Comprehensive 360° Strategy Across the Battery Metals Value Chain

As previously disclosed in the Company’s news release dated February 24, 2025, Ba�ery X Metals is advancing a comprehensive 360° strategy across the ba�ery metals sector. This strategy encompasses the explora�on of prospec�ve ba�ery metal proper�es; the development of proprietary recovery technologies pursued through a prior research collabora�on with a globally ranked top 20 university to recover ba�ery-grade materials from end-of-life ba�eries;¹ and the development and future commercializa�on of patent-pending so�ware and hardware technology for the extension of remaining useful lifespan of electric vehicle ba�eries.

The Company’s strategic explora�on ini�a�ves during the 2025 season are intended to focus its efforts and reinforce its commitment to innova�on across the ba�ery metals value chain.

The Y Lithium Project is located in a remote and underexplored region near Bailey Lake, approximately 160 kilometers northeast of Stony Rapids and 10 kilometers south of the Saskatchewan/Northwest Territories border. The project comprises four mineral claims across two dis�nct blocks, covering a total area of approximately 5,856 hectares. It forms a core part of Ba�ery X Metals’ 2025 explora�on strategy targe�ng high-poten�al lithium-bearing projects in North America. Notably, the Bailey Lake lithium occurrence is situated approximately 10 kilometers east of the Y Lithium Project’s central claim area.

To support the evalua�on and advancement of the Y Lithium Project’s cri�cal ba�ery metal poten�al, YY Resources has engaged the Geological Consul�ng Firm to commission a NI 43-101 technical report. The NI 43-101 technical report is expected to provide a formal geological assessment of the property and serve as the founda�on for future explora�on planning, technical disclosure, and poten�al development. The es�mated cost of the report is approximately $7,000, plus applicable taxes, and may be subject to addi�onal fees related to travel, further revisions, or supplementary technical analysis, as required.

The comple�on of the LiDAR Survey represents a key milestone in the Company’s 2025 explora�on program. The total cost of the survey was $56,400 plus applicable taxes, which has been fully paid.

Notably, the LiDAR Survey qualifies for a 1.5x explora�on expenditure credit under Saskatchewan’s mineral explora�on incen�ve program. As a result, YY Resources is able to apply a total of $116,348 in assessment credits on the Y-Lithium Project, effec�vely reducing its annual explora�on expenditures and improving capital efficiency. This allows for a strategic realloca�on of resources toward poten�al future explora�on efforts and addi�onal technical ini�a�ves, such as the NI 43-101 technical report.

Interpreta�on and Recommenda�ons of the LiDAR Survey

The Y Lithium Project is a district-scale property with the poten�al to host hard rock lithium mineraliza�on. It is situated within the Ennadai Greenstone Belt, which begins in the project area and extends northeast into the Northwest Territories. The recent discovery of spodumene-bearing boulders at Bailey Lake underscores the lithium prospec�vity of this underexplored region.

The LiDAR Survey is expected to play a cri�cal role in iden�fying glacial features, poten�al outcrop, and boulder trains across the property. When integrated with available government data, the survey is expected to support the delinea�on of lithological contacts and structural corridors to be targeted in future explora�on programs. Addi�onally, orthophotos generated from the LiDAR Survey are expected to highlight boulder trains and other high-poten�al features to poten�ally support a focused Phase I mapping and sampling program.

YY Resources may proceed with a mul�-phase explora�on approach in the future. If advanced, future explora�on work is an�cipated to include data compila�on and desktop analysis, such as the review of historical �ll and sediment sampling, geophysical surveys, regional mapping, and glacial ice flow direc�ons. These inputs would be intended to support YY Resources’ ongoing efforts to refine explora�on targe�ng and unlock value at the Y Lithium Project.

Belanger Project

The Company also announces that, further to its news releases dated November 29, 2024, in which it disclosed the execu�on of an addendum agreement (the “Belanger Addendum Agreement”) with the op�onor of the Belanger Project, Bounty Gold Corp. (“Bounty Gold”), an arm’s-length third party, to acquire a 100% interest in the Belanger Project, it has made the final payment of $5,500 (the “Final Payment”) to Bounty Gold on July 2, 2025. This brings the total cash considera�on paid under the Belanger Addendum Agreement to $18,000.

With the comple�on of the Final Payment, the Company has sa�sfied all payment obliga�ons under the Belanger Addendum Agreement and has earned a 100% interest in the Belanger Project, subject to a 3% Net Smelter Returns Royalty (the “NSR”). The Company retains the right to purchase the first 1% of the NSR for $750,000 and the remaining 2% for $2,000,000 at any �me prior to the commencement of commercial produc�on.

The Belanger Project, located in Ontario’s Birch-Uchi Greenstone Belt near Red Lake, spans 109 unpatented mining claims across Belanger, Bowerman, Kno�, and Mitchell townships. Situated within the Uchi Subprovince of the Superior Province of the Canadian Shield, the property lies in a geologically favorable region.

Debt Se�lement

The Company also announces that, further to its news release dated July 18, 2025, it has se�led outstanding indebtedness in the aggregate amount of $544,425.18 (the “Debt Se�lement”) owing to certain creditors of the Company, sa�sfied through the following issuances:

• $446,603.75 in considera�on for the issuance of an aggregate of 1,860,844 units of the Company (each, a “Debt Se�lement Unit”) at a deemed price of $0.24 per Debt Se�lement Unit. Each Debt Se�lement Unit consists of one common share of the Company (each, a “Debt Share”) and one transferable common share purchase warrant (each, a “Debt Se�lement Warrant”). Each Debt Se�lement Warrant is exercisable to acquire one addi�onal common share of the Company (each, a “Debt Se�lement Warrant Share”) at an exercise price of $0.315 per Debt Se�lement Warrant Share for a period of two (2) years from August 1, 2025.
• $97,821.43 in considera�on for the issuance of an aggregate of 407,587 Debt Shares at a deemed price of $0.24 per Debt Share.

The securi�es issued under the Debt Se�lement will be subject to a statutory hold period expiring December 2, 2025.

The Debt Settlements with Massimo Bellini Bressi, Martino Ciambrelli, John Campbell and Howard Blank (together, the “Insider Settlements”) are “related party transactions” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Insider Settlements are exempt from the valuation requirement of MI 61-101 by virtue of the exemptions contained in section 5.5(b) of MI 61-101 as the Company's common shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(1)(a) of MI 61-101 in that the fair market value of the Insider Settlements will not exceed 25% of the Company's market capitalization. As the material change report disclosing the Insider Settlements is being filed less than 21 days before the transaction, there is a requirement under MI 61- 101 to explain why the shorter period was reasonable or necessary in the circumstances. In the view of the Company, it is necessary to immediately close the Insider Settlements and therefore, such shorter period is reasonable and necessary in the circumstances to improve the Company's financial position.

None of the securities acquired in the Debt Settlement will be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

Qualified Persons

In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, Jason Arnold, P.Geo., President of DCX Geological Consulting and an independent Qualified Person, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects.

1 The initial research and collaboration agreement concluded on June 30, 2025. the Company is evaluating a new agreement with the globally ranked top 20 university

to continue and expand its prior development work.

About Battery X Metals Inc.

Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360° approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and recycling of lithium-ion batteries and battery materials. For more information, visit batteryxmetals.com.

On Behalf of the Board of Directors

Massimo Bellini Bressi, Director

For further information, please contact:

Massimo Bellini Bressi

Chief Executive Officer

Email: [email protected]

Tel: (604) 741-0444

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements within the meaning of applicable securi�es laws. Forward-looking statements in this release include, but are not limited to, statements regarding the explora�on ac�vi�es of the Company, the an�cipated ac�ons of YY Lithium, the explora�on of the Y Lithium Project, the results of the LiDAR Survey and the impact of such results within the Company, the future poten�al explora�on efforts and prepara�on of an NI 43-101 Technical Report for the Y Lithium Project, the Company’s research collabora�ons with third par�es, the future rights related to the Net Smelter Returns Royalty on the Belanger Project; any future development or commercial produc�on scenarios rela�ng to the Belanger Project; the an�cipated impact of the completed Debt Se�lement on the Company’s financial posi�on, the par�cipa�on of related par�es, the availability of exemp�ons under MI 61-101, and other future outcomes related to the transac�on. Forward-looking statements reflect management’s current beliefs, expecta�ons, and assump�ons based on available informa�on as of the date of this release. These statements are subject to known and unknown risks, uncertain�es, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks include, but are not limited to, general economic, market, and regulatory condi�ons, risks posed by environmental changes, the risk that commercial produc�on at the Belanger Project may never occur, and the risk that the intended benefits of the Debt Se�lement may not be realized as expected. Addi�onal risks and uncertain�es are discussed in the Company’s filings on SEDAR+. The forward-looking statements in this news release are made as of the date hereof, and Ba�ery X Metals disclaims any inten�on or obliga�on to update or revise such statements, except as required by law. Investors are cau�oned not to place undue reliance on these forward-looking statements.