Announcement • Jun 16
Battery X Metals Inc. Announces Appointment of Zachary Funk to Advisory Board Battery X Metals Inc. announced the appointment of Mr. Zachary Funk to its Advisory Board. Mr. Funk brings extensive experience in sales, operations, and dealer-network development, having held senior roles within some of Canada's most recognized premium automotive groups. In his current position with the Global Premium Automobile Manufacturer, he oversees the operational performance of 13 management teams across Canada, guiding a comprehensive set of sales and customer-experience key performance indicators, including sales-volume targets, client-satisfaction metrics, and retail- execution standards. He is responsible for ensuring that retailers consistently meet the brand's global expectations for service quality, performance, and presentation. Through this role, Mr. Funk contributes directly to the regional implementation of the Global Premium Automobile Manufacturer's sales and operational strategies for one of its globally recognized performance- and design-focused brands, reinforcing customer-centric initiatives and driving operational excellence across the network. Prior to his current position with the Global Premium Automobile Manufacturer, Mr. Funk served in dual brand management roles overseeing both new and pre-owned operations for leading globally recognized automotive marques within the GAIN Group, which operates a network of more than 20 automotive businesses across Vancouver Island and the Lower Mainland of British Columbia. As part of his appointment to the Advisory Board, Mr. Funk will assist the Company in an advisory capacity, providing strategic insight and guidance relating to the development and commercialization pathway of its patent-pending lithium-ion battery rebalancing software and hardware system (the "Rebalancing Machine"). Leveraging his experience in sales, operations, and dealer-network management, Mr. Funk will advise on matters relating to business development, market-entry strategies, and engagement withing the broader automotive ecosystem. In particular, Mr. Funk will support the Company by providing strategic insight into engagement approaches with automotive groups, dealership and service networks, and advise on customer-adoption and commercialization strategies. New Risk • May 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$9.73m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.4m market cap, or US$9.73m). New Risk • Apr 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$16.6m market cap, or US$12.1m). 
