Battery X Metals Inc. (CSE: BATX) (OTCQB: BATXF) (FSE: R0W) (WKN: A3EMJB) has announced a binding letter of intent to acquire Li-ion Battery Renewable Technologies Inc. (LIBRT).
Acquisition Overview
Battery X Metals acquires LIBRT, enhancing lithium battery lifespan and diagnostics. LIBRT’s tech extends battery life by 2-3 years, leading the way in the electric vehicle battery industry.
Innovative Technology
LIBRT’s cutting-edge software and hardware technology diagnoses and increases the lifespan of electric vehicle batteries. Owning 100% of two lithium exploration projects, LIBRT strengthens Battery X Metals’ supply chain.
Experienced Leadership
With backgrounds in clean energy and technology, LIBRT’s management team brings decades of experience to the table. Their expertise spans from lithium-ion battery R&D to China-Canada business development.
Strategic Advantages
This merger positions Battery X Metals as a leader in clean energy solutions, focusing on advancing lithium-ion battery technologies and exploration. With an AI model for precise battery monitoring, they are setting new standards in the industry.
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