International Battery Metals Ltd (IBATF)

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8. Describe any new developments or effects on intangible products such as brand names, circulation lists, copyrights, franchises, licenses, patents, software, subscription lists and trade-marks.

Ensorcia Metals Corporation as part of their ongoing commitment to fund the build of the first mobile extraction unit advanced $150,000 US to Boston Technology Consultants Group, Inc. to continue the engineering and testing of the extraction unit design.

https://webfiles.thecse.com/IBAT_Form_7_-June_2020_.pdf?kmc4RxJRO79OjD5iuqJxtF0mTOMZnAIj

It is good to see Ensorcia Metals remain committed. We are fortunate to have them as our first licensee. They could have bailed on IBAT when the original deadline of June 30, 2020 passed without an extraction unit in place.