Battery Mineral Resources Corp. announced that it has entered into a debt financing arrangement and it has issued promissory note for gross proceeds of $2,000,000 on July 5, 2023. The transaction included participation from new lender, Weston Energy, LLC.

The promissory note will mature on September 15, 2023, and bears interest at a rate of 8% per annum, with interest payable at the maturity of the note.