Core Viewpoint - International Battery Metals Ltd. (IBAT) is advancing its modular direct lithium extraction (DLE) technology and aims to secure commercial deployments while maintaining a disciplined approach to operations and customer engagement [1]. Financial Highlights - As of December 31, 2025, cash stood at $9.1 million, down from $10.7 million on March 31, 2025 [2]. - The company reported a net income of $0.8 million, or $0.00 per share, compared to a net loss of $10.9 million, or ($0.04) per share in the previous year [2]. - A significant change in fair value of warrant liability resulted in a gain of $3.8 million, contrasting with a loss of $7.6 million in the prior year [2]. - Operating loss was $3.0 million, slightly improved from a loss of $3.3 million [2]. - Revenue increased to $30,000 from a loss of $4,000, reflecting service revenue from brine testing activities [2]. Business Highlights - The company raised an additional $2.0 million in new equity financing [1]. - IBAT's modular DLE technology is being positioned as a scalable component within a broader lithium production framework [1]. - The company is focused on commercial discussions regarding the deployment of its existing MDLE plant and is conducting brine testing and technical evaluations with potential customers in the U.S., Argentina, and the Middle East [1]. - Management is exploring various commercial agreement structures, including licensing and strategic participation models, to enhance long-term value creation [1].

VANCOUVER, British Columbia & HOUSTON--(BUSINESS WIRE)--International Battery Metals Ltd. ("IBAT†or the "Company†) (TSXV: IBAT) & (OTCQB: IBATF), an advanced technology provider of modular direct lithium extraction (DLE) systems, today announced the closing of its previously announced non-brokered private placement financing (the "Offering†), marking the third follow-on investment under the Company's previously disclosed binding Letter of Intent ("LOI†) with EV Metals VII LLC ("EV Metals†). ...

Executive Compensation Update - International Battery Metals Ltd. (IBAT) announced the grant of 9,044,470 restricted share units (RSUs) to CEO Joseph A. Mills, with specific vesting conditions tied to market capitalization and EBITDA targets [1] - The vesting schedule includes: - 2,087,683 RSUs vesting on the first anniversary of the grant - 50% of 2,152,262 RSUs vesting upon achieving a market cap of US $750 million, and the remaining 50% upon reaching US $1.5 billion - 50% of 4,304,525 RSUs vesting upon achieving aggregate EBITDA of US $25 million, and the remaining 50% upon reaching US $50 million - 500,000 RSUs vesting 60 days after a successful listing on major stock exchanges [1] - Additionally, 3,313,167 RSUs were granted to Michael Rutledge, with similar vesting conditions based on market capitalization and EBITDA targets [1] Company Overview - IBAT specializes in modular direct lithium extraction (DLE) systems, utilizing proprietary technology for efficient lithium chloride extraction from groundwater and produced water deposits [1] - The company's technology is designed to minimize environmental impact while ensuring effective lithium delivery [1]

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Group 1 - International Battery Metals Ltd. (IBAT) will host a conference call to discuss its financial and operational results for the second quarter of 2026 [1] - The conference call is scheduled for Thursday, November 13, 2025, at 11:00 a.m. Eastern Time [1] - IBAT plans to release its financial results for the second fiscal quarter of 2026 after the close of trading on Wednesday, November 12, 2025 [1]

VANCOUVER, British Columbia & PLANO, Texas--(BUSINESS WIRE)--International Battery Metals Ltd. ("IBAT†) (TSXV: IBAT) & (OTCQB: IBATF), an advanced technology provider of modular direct lithium extraction (DLE) systems, today announced the closing of its previously announced non-brokered private placement financing, marking the second follow-on investment under the Company's previously announced binding Letter of Intent ("LOI†) with EV Metals 7 LLC ("EV Metals†) from March of 2025. The Compa. ...

Core Points - International Battery Metals Ltd. (IBAT) has completed a private placement financing with Encompass Capital Advisors LLC, raising approximately US$5,000,000 through the issuance of 25,765,259 units at a deemed issue price of US$0.19406 per unit [1][3] - Each unit consists of one common share and one warrant, with the warrant allowing the holder to purchase one common share at an exercise price of C$0.355 until August 5, 2028 [2] - Proceeds from the offering will be utilized for preparing IBAT's modular direct lithium extraction plant and for general corporate purposes [3] Financing Details - The offering was conducted as a private placement and is not registered under the Securities Act of 1933, meaning the securities cannot be offered or sold in the U.S. without registration or an exemption [4] - The securities issued are subject to a statutory hold period of four months and one day from the date of issuance under Canadian Securities laws [3] Warrant Amendments - The company has received approval from the TSXV for amendments to certain warrants issued in previous private placements, extending their expiration dates to August 5, 2028 [6][8] - The amendments include restrictions to prevent Encompass from becoming a control person through the exercise of these warrants [10][11] Related Party Transactions - The participation of Encompass in the offering and warrant amendments is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [11]

VANCOUVER, BC and PLANO, TX, July 22, 2025 /PRNewswire/ - International Battery Metals Ltd. ("IBAT" or the "Company") (TSXV: IBAT) & (OTCQB: IBATF) announced today that it will host a conference call for interested parties on July 30, 2025 at 10:00 a.m. Central time (11:00 a.m. Eastern time) to discuss the Company's fiscal year ending March 31, 2025 financial results.IBAT intends to release its financial results for fiscal year 2025 ending March 31, 2025 after the close of trading on Tuesday, July 29, 2025. ...

Core Viewpoint - International Battery Metals Ltd. (IBAT) has entered into subscription agreements to issue US$5 million in units to Encompass Capital Advisors LLC, aimed at funding its modular direct lithium extraction plant and general corporate purposes [1][3]. Group 1: Offering Details - The offering will consist of 25,765,258 units at a deemed issue price of approximately US$0.19406, resulting in aggregate gross proceeds of US$5 million [3]. - Each unit will include one common share and one warrant, with the warrant allowing the holder to acquire one common share at an exercise price equal to the market price, valid for three years from issuance [2][3]. - The expected closing date for the offering is around August 8, 2025, pending approval from the TSX Venture Exchange [3]. Group 2: Additional Investment Rights - Encompass has the right to purchase up to US$2 million of additional units at its discretion until December 31, 2025, under terms at least as favorable as those in the initial subscription agreements [4]. Group 3: Use of Proceeds - Proceeds from the offering will be allocated to preparing IBAT's modular direct lithium extraction plant for future operations and for general corporate purposes [3]. Group 4: Related Party Transactions - The participation of Encompass in the offering constitutes a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [11]. Group 5: Warrant Amendments - Concurrently with the offering, the company will extend the expiration dates of existing warrants held by Encompass and EV Metals, aligning them with the new warrants issued in the offering [9][10].