Vital Battery Metals Inc. announced a non-brokered private placement to issue 1,777,777 flow-through units at an issue price of CAD 0.45 per unit for the gross proceeds of CAD 799,999.65 on December 19, 2023. Each FT Unit will consist of one common share and one-half of one transferable common share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share at an exercise price of CAD 0.60 for a period of 24 months from the closing date.

Finder?s fees may be payable in accordance with the policies of the Canadian Securities Exchange. There will be a hold period of four months and one day on all securities issued under the Placement.