Vital Battery Metals Inc. announce a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.25 per unit for gross proceeds of up to CAD 2,500,000 on September 21, 2022. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of CAD 0.35 for a period of 24 months from the closing date.

FinderÆs 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 transaction.