International Battery Metals Ltd. announced that Ensorcia Metals Corporation ('Ensorcia') affiliate Sorcia Minerals LLC has announced that it has formed a joint venture with Terra Novo Energy, Triangle Lithium LLC, for the purpose of acquiring and developing specific assets related to the exploration and development of lithium. Triangle through its affiliation with Sorcia, will develop lithium resources utilizing International Battery Metals' proprietary direct lithium extraction technology. Triangle's initial project is located in the world-class Salar de Antofalla in Argentina on 15,000 hectares of claims acquired by Global Oil Management Group from Lithium Energi Exploration Inc. Development is to commence immediately.

Ensorcia has an exclusive license to utilize IBAT's technology in Argentina and Chile. The Company has substantially completed the construction of its first lithium extraction unit. The system modules are currently being heat traced and insulated.

The Company expects the final assembly and testing to take place in March in the US prior to deployment to South America.