International Battery Metals Ltd (IBATF)

[TradingCharts]

MONTHLY PROGRESS REPORT March 2022

Name of Listed Issuer: INTERNATIONAL BATTERY METALS LTD. (the "Issuer" or the “Company”).

Trading Symbol: IBAT

Number of Outstanding Listed Securities: 136,273,092

Date: April 8, 2022

(For the month of March 2022)

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 environmentally ethical lithium brine extraction. The Issuer is in the process of creating and applying its intellectual property related to lithium extraction from salars, as well 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 fabrication of the Mobile Lithium Extraction Unit (“the Unit”) which is currently being assembled in Louisiana USA. The Company plans to have all of the mobile skids completed and tested in the first half of the year 2022. The preliminary testing will be completed in the US prior to deployment of the unit into the field which is expected in 2022



15. Provide details of any changes in directors, officers or committee members.

New Appointments as Independent Directors:

Maria Echaveste

Foy Wyman Morgan

William Webster

Tony Colletti (Director) appointed Interim President

Stepping down as Directors:

David Ryan

Rodger Cree

Logan Anderson (Mr. Anderson will remain an officer as CFO)

https://www.thecse.com/en/listings/mining/international-battery-metals-ltd