Battery Mineral Resources Corp. (TSXV:BMR) agreed to acquire remaining 10.8% interest in ESI Energy Services Inc. (CNSX:OPI) for CAD 4.2 million on February 16, 2021. The consideration will be paid in the form of CAD 0.75 per share. As a result of the transaction, Battery Mineral will 100% of ESI Energy. The transaction must be approved by ESI shareholders at a special meeting called for that purpose, and transaction is also subject to the regulatory approval. The special meeting of ESI Energy shareholders will be held on May 25, 2021.

Battery Mineral Resources Corp. (TSXV:BMR) completed the acquisition of remaining 10.8% interest in ESI Energy Services Inc. (CNSX:OPI) on May 25, 2021. ESI intends to apply to the Canadian Securities Exchange to delist its common shares and apply to applicable Canadian provincial securities regulatory authorities to cease its reporting issuer status.