International Battery Metals Ltd. Provides Update on SEC Reporting Status and Capital Markets Alignment
The Company’s registration statement on Form S-1 has been declared effective which highlights progress toward
“The SEC’s declaration of effectiveness of our registration statement on Form S-1 represents an important milestone and reinforces our longer-term objective to pursue a listing on a
The registration statement relates to the resale, from time to time, of securities previously issued in private placements. The Company is not offering or selling any securities under the registration statement and will not receive any proceeds from the resale of securities by selling shareholders. The Company may receive proceeds only in the event that warrants are exercised for cash, if any.
With the Company now operating within an
The Company emphasizes that the SEC’s declaration of effectiveness does not constitute approval or endorsement of the Company or its securities.
About
IBAT's direct lithium extraction technology is based on proprietary lithium extraction media housed in patented extraction columns. The columns are enclosed in modular, transportable skid mounted platforms that can be transported and commissioned into production within a reasonably short time frame.
Utilizing the patented technology, the Company's focus has been on advancing extraction of lithium chloride from ground water salt brine and produced water deposits. The Company's unique patented technology ensures efficient delivery of lithium chloride while ensuring minimal environmental impact.
Neither the TSXV, the OTCQB nor their respective Regulation Services Providers accept responsibility for the adequacy or accuracy of this news release.
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Investor Relations contacts:
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com
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