Battery X Metals Inc. announced that Norman John Campbell has resigned from its board of directors, effective August 21, 2026. The departure follows his transition to a new role as a partner in an asset management firm.

Campbell cited the need to avoid potential conflicts of interest associated with his new professional opportunity as the reason for leaving. The company thanked him for his service and contributions during his tenure.

Board Composition Update

Following Campbell's resignation, the board of directors now consists of four members. This includes two independent directors and two non-independent directors.

Massimo Bellini Bressi serves as Chief Executive Officer and continues on the board. The company did not disclose immediate plans to appoint a replacement for Campbell's vacant seat.

About Battery X Metals

Battery X Metals operates as an energy transition resource exploration and technology company. It focuses on domestic battery and critical metal resource exploration alongside next-generation proprietary technologies.

The company employs a diversified approach to the battery metals industry, covering exploration, lithium-ion battery lifespan extension, and material recovery. It is advancing patent-pending lithium-ion battery rebalancing technology.

In a technology demonstration conducted with the National Research Council of Canada (NRC), the technology recovered approximately 99% of capacity lost due to cell imbalance. The NRC validated the initial and final state of charge of the cells during this test.

Battery X Metals Inc. (CSE: BATX) (OTCQB: BATXF) (FSE: 5YW0) appointed William Fan as President effective August 13, 2026, to spearhead the advancement of its patent-pending lithium-ion battery rebalancing technology and drive corporate growth initiatives. The move signals a strategic shift toward leveraging deep industry expertise in electric vehicles and battery lifecycle management to accelerate the company's technology platform and expand its market presence.

Strategic Leadership Appointment

Fan’s appointment addresses Battery X Metals' need for specialized leadership in both technical execution and corporate development. As President, he will oversee the company's integrated hardware and software rebalancing platform, which aims to extend the useful lifespan of lithium-ion batteries. His responsibilities include expanding strategic partnerships across the electric vehicle and battery industries, evaluating complementary opportunities within the broader battery ecosystem, and strengthening investor engagement.

The role complements the existing leadership of Chief Executive Officer Massimo Bellini Bressi. While Bressi focuses on operational and technical oversight, Fan brings a distinct background in corporate finance, capital formation, and strategic transactions. This dual leadership structure is designed to bridge the gap between early-stage technology development and broader commercial scalability.

Candidate Profile and Industry Experience

Fan’s background spans multiple critical nodes of the battery value chain, from manufacturing to recycling and capital markets. Key aspects of his experience include:

• Electric Vehicle Sector: Fan previously led a bid to acquire the intellectual property and operating assets of ElectraMeccanica Vehicles Corp., a Nasdaq-listed EV manufacturer. He also held roles involving Solo Automotive Inc., a Canadian EV manufacturer with European production operations.
• Manufacturing Training: He received hands-on training at automotive production facilities in North America, Europe, and South Korea, including plants operated by Kia and Hyundai. This exposure provides insight into global production systems and quality control standards.
• Battery Recycling and Logistics: Entering the lithium-ion battery recycling sector in 2018, Fan partnered with IT Asset Partners Inc. to develop channel distribution strategies and supply chain solutions for Fortune 1000 organizations. His work focused on circular economy solutions, including reuse, repurposing, and sustainable resource recovery.
• Capital Markets: As an Associate at TriView Capital Ltd., a Canadian exempt market dealer, Fan supported growth-oriented companies in corporate finance and investor engagement, gaining practical experience in supporting emerging public companies.

Technology Context and Validation

Battery X Metals’ core offering, the Rebalancing Technology, targets cell imbalance issues that degrade battery performance over time. The company previously reported that a technology demonstration conducted in collaboration with the National Research Council of Canada (NRC) recovered approximately 99% of capacity lost due to cell imbalance. The NRC validated the initial and final state of charge of the cells during this demonstration.

Fan’s mandate includes advancing this technology through ongoing real-world electric vehicle performance trials and expanding vehicle platform compatibility. The company views these trials as critical steps toward commercializing its proprietary diagnostics and rebalancing solutions.

What the Numbers Show

While the source does not provide financial performance metrics, the strategic allocation of leadership resources highlights a divergence between operational R&D and commercial execution. By appointing a leader with specific capital markets and M&A experience (Fan) alongside a CEO focused on technical operations (Bressi), Battery X Metals is structurally separating its technology validation efforts from its corporate development strategy. This suggests an intent to pursue complementary acquisitions or partnerships within the battery ecosystem rather than relying solely on organic technology development.

Outlook

The company continues to engage with industry participants to expand its network and validate its technology. Fan’s involvement in international sustainability initiatives, including the G20 Young Entrepreneurs' Alliance Summit and COP28, positions him to leverage global connections for potential strategic alliances. Battery X Metals aims to use this leadership change to accelerate its transition from a resource exploration entity to a diversified battery technology provider.