Winnipeg, Manitoba — December 18, 2025 — Leads & Copy — Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) has announced the completion of a non-brokered private placement and provided an update on its Owl Creek Project in British Columbia.
The private placement involved 10,748,750 flow-through units of the company at a price of $0.04 per unit, resulting in aggregate gross proceeds of C$429,950. Each unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant allows the holder to purchase one non-flow-through common share for 24 months from the date of issuance at an exercise price of $0.10 per share, subject to standard adjustments.
According to Allan Frame, President and CEO of Beyond Lithium, the raised capital will be used to further explore the company’s three properties, with the goal of achieving drilling status. The company’s objective is to enhance shareholder value through discovery.
The gross proceeds from the offering will be allocated to eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures, as defined in the Income Tax Act (Canada). For B.C. investors, the proceeds will also qualify as BC flow-through mining expenditures, as defined in the Income Tax Act (British Columbia). All qualifying expenditures will be renounced in favor of the unit subscribers, effective December 31, 2025.
In connection with the offering, Beyond Lithium paid cash commissions totaling $30,096.50 to certain eligible third-party finders, representing 7% of the proceeds raised from subscribers introduced by these finders. The company also issued an aggregate of 752,413 non-transferable broker warrants, representing 7% of the number of units sold to these subscribers. Each broker warrant is exercisable for one common share of the company for 24 months from the date of issuance at an exercise price of $0.04 per share, subject to adjustment and acceleration provisions.
The Owl Creek Project encompasses approximately 1,566 hectares in southwest British Columbia, situated roughly 8 kilometers northeast of Pemberton. The project area is accessible via upgraded logging roads and is located within the regional Cascade Magmatic Arc, which spans over 1,200 km. According to Hildreth (2007), the Cascade Magmatic Arc hosts several significant porphyry deposits for copper-moly and copper-gold mineralizations associated with Miocene intrusions.
Beyond Lithium submitted the mineral claim application for its Owl Creek Project in August 2025, and the claim was fully approved on December 2, 2025, after a four-month consultation process.
Additionally, Beyond Lithium has announced a grant of 280,714 restricted share units (RSUs) to a consultant, according to the terms of a consulting agreement dated February 1, 2025, and the company’s omnibus equity incentive plan. A total of 137,678 of the RSUs will vest immediately, 70,178 will vest on February 1, 2026, 51,429 will vest on May 1, 2026, and 21,429 will vest on August 1, 2026. Upon vesting, each RSU entitles the consultant to receive one common share of the company, subject to the Omnibus Plan and the policies of the Canadian Securities Exchange.
The securities issued through the offering and the RSU grant are subject to a four-month hold period from their issuance date.
Lawrence Tsang, P.Geo., VP Exploration of Beyond Lithium Inc., has reviewed and approved the scientific and technical information in the news release. Tsang is a qualified person as defined in National Instrument 43-101.
Allan Frame
President and CEO
Tel: 403-470-8450
Email: allan.frame@beyondlithium.ca
Jason Frame
Manager of Communications
Tel: 587-225-2599
Email: jason.frame@beyondlithium.ca
Source: Beyond Lithium Inc.
