Beyond Lithium Completes Final Tranche of LIFE Offering and Debt Settlement Transaction

Core Viewpoint - Beyond Lithium Inc. has successfully completed the final tranche of its non-brokered private placement, raising a total of $300,000 through the offering, which includes the issuance of units consisting of common shares and warrants [2][8]. Offering Details - The first tranche of the offering was completed on August 28, 2025, raising gross proceeds of $161,323.62, while the final tranche raised $138,676.38 [2][8]. - Each unit issued under the offering consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at $0.10 for 24 months [2][8]. Debt Settlement - The company has also engaged in a debt settlement transaction, issuing 2,800,000 units at a deemed price of $0.03 per unit to settle an outstanding debt of $84,000 in management fees [8]. - A cash commission of $9,013.62 was paid to an eligible third party, representing 7.0% of the proceeds raised from subscribers introduced by this finder [4]. Use of Proceeds - The net proceeds from the final tranche will be allocated for general working capital, exploration activities, expenditures on the Rare One project, and marketing [5]. Regulatory Compliance - The units issued under the offering are not subject to resale restrictions due to the LIFE Exemption, while those issued under the debt settlement are subject to a hold period of four months and one day [6].