Battery X Metals Inc. (CNSX:BATX) entered into a share exchange agreement to acquire YY Resources Inc. for CAD 0.6 million on September 29, 2023. Pursuant to the Agreement and in consideration for all the issued and outstanding shares of YY Resources, Battery X Metals has agreed to issue to the shareholders of YY Resource 10 million common shares in the capital of the Company and a total of 10 million share purchase warrants, where each warrant is exercisable to purchase one additional common share at a price of $0.15 per share for a period of 2 years, for total deemed consideration of CAD 0.6 million. Completion of the Transaction is subject to a number of conditions, including CSE acceptance. There can be no assurance that the Transaction will be completed as proposed or at all.

Battery X Metals Inc. (CNSX:BATX) completed the acquisition of YY Resources Inc. on October 17, 2023.