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]

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. ...