International Battery Metals Ltd (IBATF)

[D8c00p3r]

As the world continues to rotate and blackfish continues to stagnate

On April 25, 2018, as a result of the April 24 Burba/Ashburn call Borgese calls
SSI to inform them that they need to have a discussion. On April 26, 2018, as a
result of April 24 call Borgese met with Meehan and Rubenstein (both of SSI)
and informed SSI that Borgese and Privitera’s company needed to hit pause for a
while on the ongoing efforts. SSI was very upset because they had just signed a
90-day exclusivity contract with their feedstock source… On May 3, 2018,
Borgese received a text from Jerry Rubenstein of SSI stating ‘It’s now been a
week since you told me you can’t be affiliated with SSI. You said it was
temporary. Your silence indicates it’s permanent. If I’m wrong let me know
otherwise good luck’[.]” Id. at ¶¶ 77-78, 81.