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Re: Mr. Zen post# 63

Wednesday, 01/11/2023 11:01:39 AM

Wednesday, January 11, 2023 11:01:39 AM

Post# of 102
Here is the original press release from Dec 30

VANCOUVER, BRITISH COLUMBIA – Vancouver, British Columbia, | December 30, 2022 – Green Battery
Minerals Inc. (“Green Battery” or the “Company”) (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC:
GBMIF) is pleased to announce it has received conditional approval and will now apply to the TSX Venture Exchange
to close its previously announced private placement as to 5,600,000 units (“Units”) at $0.05 per Unit for gross proceeds
of up to $280,000. Each Unit consists of one common share and one warrant exerciseable at $0.08 for a period of two
years, subject to the right to be accelerated by the Company in the event that the Company’s shares trade at or above
$0.20 for a period of 10 consecutive days. In such case of accelerated warrants, the Company may give notice, in
writing or by way of news release, to the holders that the warrants will expire 30 days from the date of providing such
Two insiders of the Company wish to participate in the private placement as to an aggregate of 1,200,000 Units,
thereby making the offering a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-
101"). The Company is of the view that the offering is exempt from the need to obtain minority shareholder and a
formal valuation as required by MI 61-101 as the Company is listed on the TSX Venture Exchange and the fair market
value of any units to insiders or the consideration paid by insiders of the Company will not exceed 25% of the
Company's market capitalization. The Company did not file a material change report 21 days prior to announcing this
private placement as the details of the respective participation is not known.
Proceeds of the issuance will be used for general working capital and to advance Green Batteries Quebec based
The securities to be issued will have the required hold period of four month plus one day from issuance.
About the Berkwood Graphite Project
The Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan Regional County
Municipality, three hours driving time from the city of Baie-Comeau. Easy access is provided via a major secondary
road and numerous tertiary and forest roads that traverse the property.
The Zone 1 deposit lies 8 km southwest of Mason Graphite’s deposit which is the subject of a current feasibility study.
The Company believes its Zone 1 deposit and that of Mason share many similar geological characteristics with the
Zone 1 deposit being one of the highest-grade graphite deposits in the world.
The current mineral resource at the Berkwood Graphite Project includes in-pit constrained resource totalling 1,755,300
tonnes of indicated resources at 17.00 % Cgr and 1,526,400 tonnes in inferred resources at 16.39 % Cgr.

Table 1: In-pit Resource at Lac Gueret South Project (rounded numbers)
The mineral resource estimates above are described in the technical report entitled, NI 43-101 Technical Report
Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec, Canada. With an Effective date of
June 19th
, 2019, dated June 30th , 2019, by Edward Lyons, PGeo., Florent Baril, ing., and Claude Duplessis, ing. Link
to Report:
About the Company: Green Battery Minerals is managed by a team with over 150 years of collective experience
with a proven track record of not just finding numerous mines but building and operating them as well. The Green
Battery Minerals management team’s most recent success is discovering the Berkwood graphite deposit in Northern
Québec. Green Battery Minerals owns 100% of this asset and the Company’s shareholders will benefit from this asset
as the demand for graphite for electric vehicles increases significantly.
On Behalf of the Board of Directors
Green Battery Minerals Inc.
‘Thomas Yingling’
Thomas Yingling,
President, CEO & Directo

I call them the way I see them, if you disagree then the truth is hidden somewhere, and the truth will never be hidden for very long.

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