EV Metals VI LLC 4

What Happened

• Jacob Warnock (reported as a 10% owner) purchased 34,315,465 common shares of International Battery Metals Ltd. (OTC: IBATF) in an open-market/private purchase on April 29, 2026 at $0.08 per share for a total cash outlay of $2,745,237. The filing also reports a separate derivative acquisition for the same 34,315,465 shares at $0.00 (reported as a derivative entry). This transaction is a purchase (a bullish signal in the sense the insider added stock).

Key Details

• Transaction date: April 29, 2026; Filing date: April 30, 2026 (timely).
• Cash purchase: 34,315,465 shares @ $0.08 = $2,745,237.
• Derivative entry: 34,315,465 shares @ $0.00 (reported as a derivative acquisition; $0 value recorded).
• Holdings reported of record across related entities total 143,100,443 common shares (see footnote breakdown); Mr. Warnock is Manager/Investment Trustee of the related entities and may be deemed to beneficially own those shares but disclaims ownership except to the extent of any pecuniary interest.
• Relevant footnotes: warrants are mentioned (each warrant = right to 1 common share), an exercise price given in CAD (CAD$0.148 converted to USD), and the warrants are immediately exercisable per the filing.

Context

• The filing shows both a straight purchase and a derivative entry for the same share count. Footnotes reference related entities and warrant terms; do not assume the derivative entry is an option exercise unless explicitly stated by the company.
• As a reported 10% owner via management/control of multiple entities (not shown as a corporate officer), this is institutional/affiliate-level activity rather than routine executive trading.