International Battery Metals Ltd. announced that it has completed the previously announced acquisition of Selective Adsorption Lithium Inc. Concurrently with the closing of the Acquisition, Jeremy Ross has resigned as a director of the company. Christina Borgese and John Burba, nominees of North American Lithium, have been appointed as directors of the company. In addition, Mr. Burba will be appointed as President and Chief Executive Officer and Chairman of the company and Mr. Anderson will be appointed as Chief Financial Officer.

In addition the company confirms that Christina Borgese, has been appointed Executive VP of Research and Development. The company also announced the appointment of Mr. Marc Privitera as Executive Vice President of Operations and Mr. John Ashburn as Chief Legal Officer.