Free Battery Metal Limited Commences Trading on 20:1 Consolidated Basis

Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Free Battery Metal Limited (CSE: FREE) (Formerly, Titus Energy Corp.) (the "Company" or "Free Battery"), is pleased to announce that, further to its press release dated March 28, 2025, effective today the Company's common shares ("Common Shares") are trading on the Canadian Securities Exchange (the "CSE") on a 20:1 post-consolidated basis (the "Consolidation").

The Company's new CUSIP and ISIN numbers are 356123208 and CA3561232081, respectively. The Company's name and stock symbols shall remain unchanged.

After giving effect to the Consolidation, the Common Shares were reduced from 70,112,397 to approximately 3,505,621 Common Shares. No fractional Common Shares were issued in connection with the Consolidation. Instead, all fractional Common Shares equal to or greater than one-half resulting from the Consolidation were rounded to the next whole number, otherwise, the fractional Common Shares were cancelled. The exercise price and/or conversion price and number of Common Shares issuable under any of the Company's outstanding convertible securities were proportionately adjusted in connection with the Consolidation.

TSX Trust Company, the Company's registrar and transfer agent for the Common Shares, has mailed the letters of transmittal to registered shareholders of record as of April 1, 2025, providing instructions for the exchange of their Common Shares as soon as practicable following the effective date. Registered shareholders may also obtain a copy of the letter of transmittal by accessing the Company's SEDAR+ profile at www.sedarplus.ca. Until surrendered, each share certificate or direct registration system statement representing pre-consolidated Common Shares will represent the number of whole post-consolidated Common Shares to which the holder is entitled to as a result of the Consolidation. No action is required by beneficial holders to receive post-consolidation Common Shares in connection with the Consolidation. Beneficial holders who hold their Common Shares through intermediaries (e.g., a broker, bank, trust company investment dealer or other financial institution) and who have questions regarding how the Consolidation will be processed should contact their intermediaries with respect to the Consolidation.