Battery X Metals raises $3M via unit sale, settles $850K debt, and boosts marketing.

Battery X Metals Inc. announced a private placement of up to 1.18 million units at $2.55 each, raising up to $3 million for corporate growth, debt repayment, and working capital. Each unit includes one share and one warrant exercisable at $3.00 within 24 months. The closing is pending regulatory approval and expected around January 16, 2026. The company will settle $850,000 in debt by issuing 188,889 shares at $4.50, subject to a four-month hold period. It also increased marketing efforts with German firm bullVestor Medien GmbH, paying €80,000 by January 7, 2026, bringing total marketing costs to about CAD $374,000. No insider ownership in bullVestor was disclosed, and exemptions under MI61-101 apply. The announcement does not constitute a U.S. securities offer.