ESI Energy Services Inc. announced that it has entered into an early stage Process Facility and Cobalt Supply Agreement with Battery Minerals Resources Limited ("BMR") for BMR's cobalt-focused mineral exploration claims located in Ontario. If the project proceeds, ESI would finance, build and operate a cobalt processing facility that would be supplied by feedstock material mined by BMR from its properties in Ontario. A five-member technical committee is to be established by ESI and BMR to oversee a planned feasibility study for mining operations and to make a recommendation on whether to proceed with the project. If the project is approved, the technical committee would oversee mining, construction and operations.