Eurobattery Minerals resolves on a directed share issue amounting to approximately 1,125,000 SEK

Terms of the Issue
The following conditions shall apply for the issuance:

1. The right to subscribe shares shall be granted to a German investor.

2. For each subscribed share, a cash payment of 0.06 SEK shall be made.

3. Subscription of shares shall be binding and executed on a separate subscription list, no later than three (3) days after the issuance decision. Payment shall be made no later than the fourth (4th) banking day after the notice of allocation is sent to the subscriber. The board shall have the right to extend the final deadline for subscription and payment.

4. The new shares shall entitle the holder to dividends starting with the first ex-dividend date that occurs closest to the date when the new shares are registered at the Companies Registration Office and entered into the share register maintained by Euroclear Sweden AB.

5. The Board of Directors, or the proxy that the Board decides to appoint for this task, is authorized to make minor adjustments necessary for registration at the Companies Registration Office and Euroclear Sweden AB.

Background and rationale of the Rights Issue
The purpose of the issue and the reason for the deviation from shareholders' preferential rights is to enable existing shareholders who were unable to subscribe to the company's previous preferential issue due to administrative problems to subscribe on the same terms as other shareholders.

The subscription price has been set at SEK 0.06 per share, which corresponds to the subscription price in the completed rights issue. The Board of Directors considers the subscription price to be in line with market conditions. This is because the issue is being carried out with the aim of safeguarding shareholders' interests in participating on the same terms as in the completed rights issue.

Change in number of shares and share capital
Upon full subscription in the issue, the number of shares in the Company will increase by a maximum of 18,750,000 shares, from 849,556,961 shares to 868,306,961 shares and the share capital will increase by a maximum of SEK 25,655.556184 from SEK 1,162,445.67172 to SEK 1,188,101.23.

Advisors
Nordic Issuing AB is issuing agent and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company will prepare and publish an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation before the subscription period in the Rights Issue begins.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 ("Securities Act"), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as "believes," "expects," "anticipates," "intends," "estimates," "will," "may," "implies," "should," "could" and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets' rules.