New Risk • Mar 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 89% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.30m market cap, or US$1.69m). Minor Risk Share price has been volatile over the past 3 months (18% average weekly change). Announcement • Mar 03
Global Battery Metals Ltd. announced that it has received CAD 0.63 million in funding On March 2, 2026, Global Battery Metals Ltd. closed the transaction. The company announced that it has 7,000,000 units (the “Units” and each, a “Unit”) at a price of CAD 0.09 per Unit raising gross proceeds of CAD 630,000. No finder’s fees were applicable. All securities issued in connection with the Offering are subject to a statutory hold period expiring July 3, 2026, being the date that is four months and a day from the date of issuance in accordance with applicable securities laws. The Offering remains subject to final acceptance by the TSX Venture Exchange. Certain directors and officers of the Company participated in the Offering, specifically (i) Michael Murphy, purchased 1,000,000 Units, Craig Roberts purchased 670,000 Units, and Alan Matthews, purchased 83,000 Units. Such participation by insiders Announcement • Feb 24
Global Battery Metals Ltd., Annual General Meeting, Apr 30, 2026 Global Battery Metals Ltd., Annual General Meeting, Apr 30, 2026.