International Battery Metals Ltd. Provides General Corporate Update
International Battery Metals (IBAT) has announced several corporate updates. Following their October 31, 2024 annual general meeting, John Burba was elected as Board Chair. The Board approved granting 2,705,630 restricted share units (RSUs) to directors, with each receiving 541,126 RSUs that vest after one year.
New CEO Iris Jancik, who started on August 20, 2024, received 2,113,814 options exercisable at C$0.94 per share over ten years, with staggered vesting periods. She was also granted 4,227,630 RSUs, with 300,000 vesting immediately and the remainder tied to specific milestones.
IBAT specializes in environmentally responsible lithium extraction from brine through its patented modular direct lithium extraction plant (MDLE Plant), designed for rapid deployment and cost-effective operation.
International Battery Metals (IBAT) ha annunciato diversi aggiornamenti aziendali. A seguito dell'assemblea generale annuale del 31 ottobre 2024, John Burba ĆØ stato eletto Presidente del Consiglio. Il Consiglio ha approvato l'assegnazione di 2.705.630 unitĆ azionarie ristrette (RSUs) ai direttori, con ciascuno che riceve 541.126 RSUs che maturano dopo un anno.
La nuova CEO Iris Jancik, che ha iniziato il 20 agosto 2024, ha ricevuto 2.113.814 opzioni esercitabili a C$0,94 per azione per un periodo di dieci anni, con periodi di maturazione scaglionati. Le sono state anche assegnate 4.227.630 RSUs, di cui 300.000 maturano immediatamente e il resto legato a obiettivi specifici.
IBAT si specializza nell'estrazione di litio ecologicamente responsabile da salamoia attraverso il suo impianto brevettato di estrazione diretta di litio modulare (MDLE Plant), progettato per un rapido dispiegamento e un'operazione economica.
International Battery Metals (IBAT) ha anunciado varias actualizaciones corporativas. DespuĆ©s de su reuniĆ³n general anual del 31 de octubre de 2024, John Burba fue elegido Presidente de la Junta. La Junta aprobĆ³ la concesiĆ³n de 2.705.630 unidades de acciones restringidas (RSUs) a los directores, siendo cada uno de ellos destinatario de 541.126 RSUs que se consolidan despuĆ©s de un aƱo.
La nueva CEO Iris Jancik, quien comenzĆ³ el 20 de agosto de 2024, recibiĆ³ 2.113.814 opciones que se pueden ejercer a C$0.94 por acciĆ³n durante diez aƱos, con perĆodos de consolidaciĆ³n escalonados. TambiĆ©n se le concedieron 4.227.630 RSUs, de las cuales 300.000 se consolidan de inmediato y el resto estĆ” vinculado a hitos especĆficos.
IBAT se especializa en la extracciĆ³n de litio de manera ambientalmente responsable a partir de salmuera a travĆ©s de su planta de extracciĆ³n directa de litio modular patentada (MDLE Plant), diseƱada para un despliegue rĆ”pido y operaciones rentables.
International Battery Metals (IBAT)ė� ģ¬ė¬ źø°ģ ģ ė°ģ“ķøė„� ė°ķķģµėė¤. 2024ė � 10ģ� 31ģ� ģ źø°ģ“ķ ģ“ķ John Burbaź° ģ“ģ¬ķ� ģģ„ģ¼ė” ģ ģ¶ėģģµėė�. ģ“ģ¬ķė ģ“ģ¬ģź² 2,705,630ź°ģ ģ ķ ģ£¼ģ ėØģ(RSUs)ė„� ė¶ģ¬ķė� ź²ģ ģ¹ģøķģ¼ė©�, ź°� ģ“ģ¬ė� 1ė � ķģ ė°°ģ ėė 541,126 RSUsė„� ė°ģµėė¤.
2024ė � 8ģ� 20ģ¼ģ ģģķ� ģ� CEO Iris Jancikė� 10ė � ėģ ģ£¼ė¹ C$0.94ģ� ķģ¬ ź°ė„ķ 2,113,814ź°ģ ģµģ ģ� ė°ģģ¼ė©°, ģ°¬ė° źµģ°Ø ģ§ė¶ģ“ ģ¤ģ ėģ“ ģģµėė¤. ź·øė ė� ėķ 4,227,630 RSUsė„� ė¶ģ¬ė°ģģ¼ė©�, ģ� ģ¤� 300,000ź°ė ģ¦ģ ė°°ģ ėź³ ėėØøģ§ė� ķ¹ģ ģ“ģ ķģ ė°ė¼ ģ°ź³ėģ“ ģģµėė¤.
IBATģ ėŖØėģ� ģ§ģ ė¦¬ķ¬ ģ¶ģ¶ ź³µģ„(MDLE Plant)ģ� ķµķ“ ķź²½ģ ģ¼ė”� ģ± ģź°� ģź² ģ¼ģģģ ė¦¬ķ¬ģ� ģ¶ģ¶ķė ģ ė¬øģ ģ²“ė”�, ģ ģķ� ė°°ģ¹ģ ė¹ģ© ķØģØģ ģø ģ“ģģ� ģķ“ ģ¤ź³ėģģµėė�.
International Battery Metals (IBAT) a annoncĆ© plusieurs mises Ć jour d'entreprise. Ć la suite de leur assemblĆ©e gĆ©nĆ©rale annuelle du 31 octobre 2024, John Burba a Ć©tĆ© Ć©lu PrĆ©sident du Conseil. Le Conseil a approuvĆ© l'attribution de 2.705.630 unitĆ©s d'actions restreintes (RSUs) aux directeurs, chaque directeur recevant 541.126 RSUs qui deviennent disponibles aprĆØs un an.
La nouvelle PDG Iris Jancik, qui a commencĆ© le 20 aoĆ»t 2024, a reƧu 2.113.814 options exerƧables Ć 0,94 CAD par action sur une pĆ©riode de dix ans, avec des pĆ©riodes d'acquisition Ć©chelonnĆ©es. Elle a Ć©galement reƧu 4.227.630 RSUs, dont 300.000 deviennent disponibles immĆ©diatement et le reste est liĆ© Ć des jalons spĆ©cifiques.
IBAT se spĆ©cialise dans l'extraction de lithium de maniĆØre Ć©cologiquement responsable Ć partir de saumure grĆ¢ce Ć son usine d'extraction directe de lithium modulaire brevetĆ©e (MDLE Plant), conƧue pour un dĆ©ploiement rapide et une opĆ©ration rentable.
International Battery Metals (IBAT) hat mehrere Unternehmensaktualisierungen bekanntgegeben. Nach der Hauptversammlung am 31. Oktober 2024 wurde John Burba zum Vorstandsvorsitzenden gewƤhlt. Der Vorstand genehmigte die GewƤhrung von 2.705.630 Restricted Share Units (RSUs) an die Direktoren, wobei jeder 541.126 RSUs erhƤlt, die nach einem Jahr fƤllig werden.
Die neue CEO Iris Jancik, die am 20. August 2024 begann, erhielt 2.113.814 Optionen, die Ć¼ber einen Zeitraum von zehn Jahren zu einem Preis von 0,94 CAD pro Aktie ausgeĆ¼bt werden kƶnnen, mit gestaffelten Vesting-ZeitrƤumen. Sie erhielt auĆerdem 4.227.630 RSUs, von denen 300.000 sofort fƤllig werden und der Rest an spezifische Meilensteine gebunden ist.
IBAT ist auf umweltverantwortliche Lithiumextraktion aus Sole durch seine patentierte modulare Direktlithiumextraktionsanlage (MDLE Plant) spezialisiert, die fĆ¼r eine schnelle Implementierung und kosteneffizienten Betrieb ausgelegt ist.
- Developed patented modular direct lithium extraction technology (MDLE Plant) for efficient and environmentally responsible lithium extraction
- Technology offers potential cost savings through selective lithium extraction and contaminant removal
- Significant share dilution through new RSU grants totaling 6,933,260 shares
- Additional dilution from 2,113,814 stock options granted to CEO at C$0.94/share
³Õ“”±·°ä°æ±«³Õ·”øé,Ģżµž°äĢż²¹²Ō»åĢż±į°æ±«³§°Õ°æ±·, Jan. 14, 2025 /PRNewswire/ -Ā InternationalĀ Battery Metals Ltd. (the "Company" or "IBAT") (TSXV: IBAT) is pleased to provide an update on certain general corporateĀ matters. FollowingĀ theĀ Company'sĀ mostĀ recentĀ annual generalĀ meetingĀ heldĀ onĀ October 31,Ā 2024, theĀ Company's boardĀ ofĀ directorsĀ (theĀ "Board"),Ā consistingĀ ofĀ JohnĀ BurbaĀ (founder),Ā JacobĀ Warnock,Ā James Schultz, Keith Solar and John Souther, elected John Burba to act as the Chair of the Board.
On November 26, 2024, the Board approved the grant of an aggregate of 2,705,630 restricted share units of the Company ("RSUs") to the directors of the Company in accordance with the Company's restricted share unit plan (the "RSU Plan"). Each director received a grant of 541,126 RSUs. The RSUs will fully vest one year from the date of grant and once vested, each RSU will settle into one common share of the Company. All such RSUs are subject to the terms of the RSU Plan, applicable securities law hold periods and the policies of the TSX Venture Exchange (the "TSXV").
In connection with commencing her role as Chief Executive Officer of the Company on August 20, 2024, Iris JancikĀ was grantedĀ 2,113,814Ā optionsĀ ofĀ the CompanyĀ ("Options")Ā inĀ accordance withĀ the Company's optionĀ planĀ (theĀ "°æ±č³Ł¾±“Ē²ŌĢż±Ź±ō²¹²Ō").Ā EachĀ Option isĀ exercisableĀ intoĀ oneĀ common shareĀ ofĀ theĀ CompanyĀ forĀ a period of ten years from the date of grant at an exercise price of
IBAT is an advanced technology company focused on the development of environmentally responsible methods of extracting lithium compounds from brine. IBAT has developed a patented modular direct lithium extraction plant ("MDLE Plant") which allows for rapid deployment to a resource holder's production site. IBAT is working with resource holders of oilfield brines, brine aquifers, and industrial customers with brine by-products. IBAT believes the modular design of its MDLE Plant provides significantĀ initialĀ costsĀ savingsĀ toĀ customersĀ andĀ theĀ proprietaryĀ directĀ lithiumĀ extractionĀ technologyĀ lowers operating costs by selectively extracting lithium from the brine while efficiently removing contaminants.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View original content to download multimedia:
SOURCE International Battery Metals Ltd.
FAQ
How many RSUs did IBATF grant to its directors in November 2024?
What compensation package did IBATF's new CEO Iris Jancik receive in 2024?
What is IBATF's MDLE Plant technology?
Who was elected as IBATF's Board Chair after the October 2024 AGM?
