Monday, August 09, 2021 8:14:03 PM
Trading Symbol: IBAT
Number of Outstanding Listed Securities: 126,227,138
Date: 9 August 2021
(For the month of July 2021)
Report on Business
1. Provide a general overview and discussion of the development of the Issuer’s business
and operations over the previous month. Where the Issuer was inactive disclose this fact.
The Issuer is an advanced technology company focused on ethical lithium brine
extraction. The Issuer is in the process of creating and applying intellectual property
related to lithium extraction from salars, aswell as geothermal and oilfield brines. The
Issuer's unique extraction process is intended to be environmentally friendly, low
cost, and has the potential to produce high-quality, commercial grade lithium at a
much faster rate than the current industry standards.
2. Provide a general overview and discussion of the activities of management.
The Company has substantially finished the detailed engineering and has acquired
some of the key equipment components for fabrication of the Mobile Lithium
Extraction Unit (“the Unit”). The Company plans to have all of the mobile skids
completed in the fourth quarter of this year with the objective of having the Unit
deployed to the field for the commencement of trial testing by the end of the year
http://thecse.ca/en/listings/mining/international-battery-metals-ltd
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