FE Battery Metals Corp. announced a non-brokered private placement 2,000,000 flow-through shares for gross proceeds of CAD 1,250,000 on May 26, 2022. The company will issue Quebec flow-through shares at price of CAD 0.64 per share and national flow-through shares at a price of CAD 0.61 per share.

Finder's fee may be paid to eligible finders in accordance with the policies of the Canadian Securities Exchange. Closing of the proposed private placement is subject to obtaining all required approvals, including from the CSE and any other regulatory approval. The securities will be subject to a four-month hold period plus one day under applicable securities laws.