IBAT appoints energy transition-resource expert Rita Adiani to advisory board

Rhea-AI Summary

International Battery Metals Ltd. has appointed Rita Adiani to its advisory board. Adiani's deep industry experience will guide the company as it prepares to deploy its groundbreaking direct lithium extraction units.

Positive

• Rita Adiani's appointment brings significant expertise in capital raising, M&A, and resource & energy transition technology integration, which will benefit International Battery Metals Ltd. as it enters the commercialization phase of its DLE technology.

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• None.

Adiani's deep industry experience is pivotal as IBAT readies for commercialization of its DLE technology.

VANCOUVER, BC and HOUSTON, June 19, 2023 /PRNewswire/ - International Battery Metals Ltd. (CSE: "IBAT") (OTC: IBATF) (FSE: 8RE) has appointed Rita Adiani to its advisory board. Adiani has significant experience in capital raising, M&A and resource & energy transition technology integration. She has worked for nearly two decades as a senior-level executive in the resource industry spanning roles in corporates, private equity, investment banking and corporate law. Adiani serves as Senior Vice President, for strategy & corporate development at Arizona Sonoran Copper Company (TSX listed) and continues to serve on the board of Brixton Metals of Vancouver.

"We are fortunate to have someone of Rita's stature in the energy transition industry join our advisory board," said Garry Flowers, CEO of IBAT. "This is an important time of growth for our company, and Rita's seasoned knowledge will provide a guiding hand as we begin to deploy our groundbreaking direct lithium extraction units."

Adiani has also served as Executive Vice President at Xiana Mining; and as Managing Director, Head of Metals and Mining at NRG Capital Partners in London. She is admitted to practice as a solicitor of the Supreme Court of England and Wales (currently non-practicing). She has also served as senior Corporate Finance Manager for La Mancha Resources (an energy transition fund today). She practiced corporate law at Linklaters LLP in London and Dubai from 2002-2006 and is a law graduate from the University of Oxford and the University of Sheffield. Adiani also has a Certificate in Mining Studies – Mining Engineering from the University of British Columbia and a CFA in ESG Investing from the CFA Institute UK.

Adiani's appointment comes as IBAT prepares to roll out its Direct Lithium Extraction (DLE) modular technology to the field. With the efficiencies needed to keep up with global lithium demand for use in batteries in products such as EVs, the company's technology greatly reduces environmental impact from lithium extraction compared to other extraction methods.

About International Battery Metals (IBAT):

International Battery Metals (IBAT) has developed and patented the world's fastest, scalable lithium-processing technologies and has pioneered the only patented technology able to achieve commercial-scale lithium production in just 18 months. IBAT's proprietary Modular Direct Lithium Extraction (DLE) technology is proven to quickly and efficiently recover more lithium from brine than traditional methods, while offering safe, superior and sustainable environmental performance. By bringing more lithium to more customer-partners, IBAT is accelerating lithium production to meet the ever-increasing worldwide demand for batteries to power electric vehicles, tools and landscape equipment.

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

Forward-looking and cautionary statements:

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbor provisions as defined under securities laws and regulations.

This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. There is no assurance that the company's apparatus will be able to commercially produce lithium at the stated capacity. The purpose of the tests is to determine if it will be able to do so and successful completion of the tests cannot be assured as they are subject to risks and uncertainties associated with any new mineral processing method and characteristics of the material being processed.

By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward–looking statements.

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SOURCE International Battery Metals Ltd.

FAQ

Who has International Battery Metals Ltd. appointed to its advisory board?

International Battery Metals Ltd. has appointed Rita Adiani to its advisory board.

What is the role of Rita Adiani in the energy transition industry?

Rita Adiani is a senior-level executive with extensive experience in the resource industry and energy transition technology integration.

What is the significance of Adiani's appointment for International Battery Metals Ltd.?

Adiani's appointment brings valuable expertise in capital raising, M&A, and resource integration, which will guide the company as it prepares to deploy its direct lithium extraction units.

How does International Battery Metals Ltd.'s technology reduce environmental impact?

International Battery Metals Ltd.'s technology greatly reduces environmental impact compared to other extraction methods, making it more efficient and sustainable for meeting global lithium demand.