International Battery Metals Ltd (IBATF)

[TradingCharts]

Immediately prior to the Acquisition, the Acquiror owned 30,490,379 Common Shares, 10,626,557 Warrants and third-party derivative securities to acquire 6,946,293 Common Shares, collectively representing approximately 19.92% of the presently issued and outstanding Common Shares, on a partially-diluted basis. The Acquisition, together with the additional Common Shares received pursuant to the structuring fee increased the Acquiror's position to 65,443,633 Common Shares (assuming exercise of the Warrants and all third-party derivative securities to acquire Common Shares), or approximately 25.31% of the presently issued and outstanding Common Shares, on a partially-diluted basis. The Acquiror controls such securities by nature of his control over certain related parties, including EV Metals LLC, EV Metals II LLC, EV Metals III LLC, EV Metals IV LLC, EV Metals V LLC, EV Metals VI LLC, Elegante Energy LLC, Perk Salar, LLC and JAW Puerto Rico Trust.
https://news.utexas.edu/2021/09/08/new-way-to-pull-lithium-from-water-could-increase-supply-efficiency/