Battery X Metals Inc. announced that it has entered into a share exchange agreement to acquire 100% of the issued and outstanding shares in YY Resources Inc. which holds 100% ownership of the Y Lithium Project, a strategically located property in Northern Saskatchewan's Bailey Lake region. This proposed acquisition will expand the company's lithium exploration portfolio and aligns with its commitment to lithium resource exploration. The Y Lithium Project encompasses a total of 5,856 hectares in four staked claims, divided into two areas-the west claim block and the north claim block.

Notably, these staked claims grant exclusive mining rights, and there are no underlying royalties or property payments due. Key Highlights of the Y Lithium Project: Historical Lithium Showing: The staked claims encompass the area north, south, and west of a historical lithium discovery at Bailey Lake, initially uncovered in boulders and outcrop formations in 2004. High Lithium Content: Analysis of a sample from the Y Lithium Project by the Saskatchewan Geological Survey revealed exceptional lithium content.

The sample contained 3,470 ppm lithium, equivalent to 0.741% Lithium Oxide (Li2O) (Harper, C.T. et al, Summary of Investigations 2004, Volume 2, Miscellaneous Report 2004-4.2, Paper A-7). This substantial lithium concentration, along with the presence of other valuable elements, underscores the project's potential as a significant source of essential materials for advanced energy storage technologies. This assessment aligns with ALX's review of the results from a 1993 regional lake sediment geochemical program conducted by the Geological Survey of Canada (theGSC).

Pathfinder Elements: While the 1993 GSC lake sediment survey did not include geochemical analysis for lithium, it did identify pathfinder elements for LCT pegmatites, such as rubidium, cesium, and tantalum. Some of these elements exhibited highly anomalous readings, falling within the 98th percentile among the 1,664 samples collected in the entire regional survey (GSC Open File 2857, 1993). Prospecting Program: Recommendations for a prospecting program, in accordance with Canadian regulatory requirements outlined in National Instrument 43-101, have been provided by an.

independent P. Geo and Qualified Person. The program aims to identify lithium-bearing pegmatites and prioritize ground targets for further investigation. The Y Lithium Project is strategically located between two existing lithium exploration properties.

To the east, it borders the Bailey Lake Pegmatite Discovery Area held by ACME Lithium Inc., and to the west, it shares boundaries with the Crystal Lithium Project of ALX Resources Corp. The flat terrain and ample water bodies in the region offer convenient access via floatplane and potential support for future drill programs. The Misaw Lake region, adjacent to Bailey Lake, also holds significant lithium potential, as indicated by the presence of lithium-rich granitic rocks. Battery X Metals believes that the Y Lithium Project has substantial potential for hosting lithium-bearing pegmatites, supported by regional surveys, geological setting, and the underexplored nature of the property.

The Company is excited about the prospects of the Y Lithium Project and is committed to advancing its exploration efforts to unlock its full potential. However, it should be noted that the company may need to raise additional capital to support and accelerate these exploration efforts. The technical information in this news release has been reviewed and approved by Brian H Newton P. Geo., an arm's length person to Battery X Metals and a Qualified Person in accordance with the Canadian regulatory requirements set out in National Instrument 43-101.

Terms of the Proposed Acquisition. 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 Resources (a) a total of 10,000,000 common shares in the capital of the Company at a deemed value of $0.06 per share and (b) a total of 10,000,000,000 share purchase warrants, where each warrant is a total of $0.