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Corporate Update

MWN-AI** Summary

Cruz Battery Metals Corp., based in Vancouver, British Columbia, announced a significant corporate update on August 1, 2025. The company has granted 8,850,000 stock options to its directors, officers, and consultants, all priced at five cents per share with a 12-month exercise period. Additionally, Cruz issued 6,450,000 restricted share units (RSUs) to the same group, with these units set to vest on January 2, 2026. These actions align with the company's amended and restated omnibus equity incentive plan and comply with policies from the Canadian Securities Exchange (CSE).

Cruz Battery Metals is actively engaged in several battery metals-focused projects in the United States, particularly in Nevada. Their portfolio includes the Solar Lithium Project, spanning 4,938 acres; the Clayton Valley Lithium Brine Project, consisting of 240 acres; and the recently acquired Central Clayton Valley Lithium Brine Project, which covers 580 acres. Moreover, the company holds a 124-acre stake in the Idaho Cobalt Belt Project. It’s important to note that management has warned that past exploration success in nearby properties does not guarantee similar findings in Cruz’s own projects.

For those interested in following the company's developments, Cruz encourages stakeholders to join their news distribution mailing list by contacting them via email. James Nelson serves as the President, CEO, Secretary, and Director of Cruz Battery Metals. For further inquiries, he can be reached at the provided contact information.

This update underscores Cruz’s ongoing commitment to advancing its strategic initiatives in the battery metals sector, a domain that is increasingly vital in the context of the renewable energy transition.

MWN-AI** Analysis

Cruz Battery Metals Corp. (CSE: CRUZ) has recently made significant developments that bear relevance for investors looking to enter or increase their position within the battery metals sector. The distribution of 8,850,000 stock options and 6,450,000 restricted share units (RSUs) to its directors and officers signifies management’s confidence in the company's potential. Given the exercise price of five cents per share, this could create a strong incentive for key stakeholders to drive company performance in the coming months.

With a strategic focus on lithium projects in Nevada and cobalt in Idaho, Cruz is well-positioned to capitalize on the growing demand for battery metals, which are critical for electric vehicles and renewable energy storage solutions. The global shift towards cleaner energy sources suggests that commodities such as lithium and cobalt will see a sustained increase in demand. The company's Nevada lithium projects, particularly the Solar Lithium Project and the Clayton Valley Lithium Brine Project, are noteworthy as they have garnered significant interest within the market.

However, potential investors should exercise caution. The company's management highlights that historical results from adjacent properties do not guarantee similar success for Cruz’s projects. Investors are therefore advised to conduct thorough due diligence and consider the broader market trends when evaluating Cruz’s offerings.

Additionally, the vesting period for RSUs until January 2, 2026, may stabilize share price volatility in the near term, fostering trust among investors about long-term growth. Given these developments, investors might consider positioning themselves for potential gains, while remaining mindful of the inherent risks associated with mining exploration and commodity price fluctuations. Overall, Cruz Battery Metals presents a compelling growth opportunity, bolstered by strategic leadership incentives and favorable market conditions for battery metals.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Newsfile

Vancouver, British Columbia--(Newsfile Corp. - August 1, 2025) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A3CWU7) ("Cruz" or the "Company") has granted a total of 8,850,000 stock options to its directors, officers, and consultants at an exercise price of five cents per share for a period of 12 months. The Company also granted a total of 6,450,000 restricted share units (the "RSUs") to its directors, officers, and consultants. The RSUs will vest on January 2, 2026. The options and the RSUs have been granted in accordance with the Company's amended and restated omnibus equity incentive plan and the policies of the Canadian Securities Exchange.

About Cruz Battery Metals Corp.

Cruz currently has several battery metals focused projects located in the USA. Cruz's Nevada lithium projects consist of the 4,938-acre 'Solar Lithium Project', the 240-acre 'Clayton Valley Lithium Brine Project', and the recently acquired 580-acre 'Central Clayton Valley Lithium Brine Project'. Cruz also has the 124-acre 'Idaho Cobalt Belt Project'. Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the Company's properties.

If you would like to be added to Cruz's news distribution list, please send your email address to info@cruzbatterymetals.com.

Cruz Battery Metals Corp.

"James Nelson"

James Nelson
President, Chief Executive Officer, Secretary and Director

For more information regarding this news release, please contact:
James Nelson, CEO and Director
T: 604-899-9150
Toll free: 1-855-599-9150
E: info@cruzbatterymetals.com
W: www.cruzbatterymetals.com
Twitter: @CruzBattMetals

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261074

FAQ**

How does Cruz Battery Metals Corp. CRUZ:CC plan to utilize the stock options and RSUs granted to its directors and officers to enhance operational efficiency and shareholder value?
Cruz Battery Metals Corp. plans to utilize stock options and RSUs granted to directors and officers as a strategic incentive to align their interests with shareholders, drive operational efficiency, and ultimately enhance shareholder value through increased performance and commitment.
What are the expected timelines and milestones for the development of Cruz Battery Metals Corp. CRUZ:CC’s various lithium projects in Nevada and Idaho?
Cruz Battery Metals Corp. anticipates key milestones for its lithium projects in Nevada and Idaho, including initial exploration results by Q4 2023, resource assessments by mid-2024, and potential development decisions by the end of 2024, contingent on market conditions.
Given the recent grants of stock options and RSUs, how does Cruz Battery Metals Corp. CRUZ:CC plan to manage potential dilution of shares and maintain investor confidence in the company’s growth?
Cruz Battery Metals Corp. plans to manage potential share dilution and maintain investor confidence through strategic capital management, active communication of growth initiatives, and a focus on enhancing long-term shareholder value to counterbalance the impact of equity compensation.
How does Cruz Battery Metals Corp. CRUZ:CC assess the impact of external market conditions on its current and future battery metals projects, especially in light of advancements in lithium extraction technology?
Cruz Battery Metals Corp. evaluates external market conditions by analyzing trends in lithium demand and prices, alongside advancements in extraction technologies, to strategically align its battery metals projects for optimal future growth and sustainability.

**MWN-AI FAQ is based on asking OpenAI questions about Cruz Battery Metals Corp. (OTC: BKTPF).

Cruz Battery Metals Corp.

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