Members of the Board and management, and one larger warrant holder, exercise
warrants corresponding to SEK 2.3 million

EQS-Media / 17.05.2024 / 10:05 CET/CEST

Stockholm, 17 May 2024 - The mining company Eurobattery Minerals AB (Nordic
Growth Market: "BAT" and Börse Stuttgart: "EBM"; in short: "Eurobattery
Minerals" or the "Company") today announces that the Company's Chairman of
the Board Henrik Johannesson, Board member and CEO Roberto García Martínez,
and CFO Mattias Modén - as well one larger warrant holder - are exercising a
total of 5,635,169 warrants of series TO4 (the "Warrants"), corresponding to
approximately 16.9 per cent of the total number of outstanding Warrants, for
the subscription of shares in Eurobattery Minerals amounting to a total of
approximately SEK 2.3 million. The indications correspond to each warrant
holder's full holdings of Warrants. The last day of trading in Warrants is
today, 17 May 2024, and the last day to subscribe for shares by exercise of
Warrants is 21 May 2024.

Eurobattery Minerals has received indications that the following members of
the Board of Directors and management are exercising Warrants for the
subscription of shares in the Company:

  * Henrik Johannesson - 477,000 Warrants, corresponding to SEK 190.8
    thousand.

  * Nazgero Consulting Services LTD (Roberto García Martínez) - 2,419,226
    Warrants, corresponding to approximately SEK 967.7 thousand (through
    set-off).

  * MJ Modén Förvaltning AB (Mattias Modén) - 259,943 Warrants,
    corresponding to approximately SEK 104.0 thousand.

In addition to this, Eurobattery Minerals has received indications that a
larger warrant holder is exercising approximately 2,479,000 Warrants for
subscription of shares in the Company, corresponding to approximately SEK
991.6 thousand.

Altogether, the abovementioned subscriptions amount to a total of
approximately SEK 2.3 million, corresponding to approximately 16.9 per cent
of the total number of outstanding Warrants.

"The Board and management have great confidence in our road ahead, and I am
grateful that this faith is shared among other warrant holders as well. We
are looking forward to continuing our work in the Finnish Hautalampi
project, where we are gradually getting closer to the start of mining
operations," comments Roberto García Martínez, CEO of Eurobattery Minerals.

Advisers

Augment Partners AB acted as financial adviser and Advokatfirman Schjødt
acted as legal adviser in the transaction.

About Eurobattery Minerals

Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic
Growth Market ( BAT) and German Börse Stuttgart ( EBM). With the vision to
make Europe self-sufficient in responsibly mined battery minerals, the
company's focus is to realize numerous nickel-cobalt-copper projects in
Europe to supply critical raw materials and, as such, power a cleaner world.

Please visit www.eurobatteryminerals.com for more information. Feel free to
follow us on LinkedIn and Twitter as well.

Contacts

Roberto García Martínez - CEO

E-mail: info@eurobatteryminerals.com

Contact investor relations

E-mail: ir@eurobatteryminerals.com

Mentor

Augment Partners AB is the mentor to Eurobattery Minerals AB

Phone: +46 (0) 86 042 255

E-mail: info@augment.se


End of Media Release

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Issuer: Eurobattery Minerals AB
Key word(s): Energy

17.05.2024 CET/CEST Dissemination of a Press Release, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        Eurobattery Minerals AB

                   114 56 Stockholm
                   Sweden
   Phone:          +49 151 6568 0361
   E-mail:         info@eurobatteryminerals.com
   Internet:       www.eurobatteryminerals.com
   ISIN:           SE0012481570
   WKN:            A2PG12
   Listed:         Regulated Market in Berlin, Frankfurt, Munich, Stuttgart
   EQS News ID:    1905823

End of News EQS Media
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1905823 17.05.2024 CET/CEST