Share Purchase Warrants

6 Months Ended

Dec. 31, 2024

Share Purchase Warrants

Share Purchase Warrants

14. Share Purchase Warrants

During the six months ended December 31, 2024, there were 12,518,188 total warrants issued. The Company issued 3,548,426 warrants pursuant to the Private Placement (see Note 13), of which 898,426 warrants were purchased by employees of the Company and 1,750,000 warrants were cancelled per the rescission agreement executed with certain investors in November 2024 (see Note 6). The Company also issued 8,773,586 warrants in December 2024 in connection with the securities purchase agreements (see Note 13). The Company issued 196,176 warrants under its compensation arrangements (see Note 15).

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Balance, June 30, 2024		6,928,758		$	12.95
Granted		3,548,426			1.01
Exercised		-			-
Expired		(1,082,715	)		12.02
Balance, September 30, 2024		9,394,469		$	8.55
Granted		8,969,762			1.90
Exercised		-			-
Rescinded		(1,750,000	)		1.00
Expired		(476,194	)		10.50
Balance, December 31, 2024		16,138,037		$	5.61		4.12	$	-
Exercisable, December 31, 2024		15,365,150		$	4.53		4.08	$	-

AMERICAN BATTERY TECHNOLOGY COMPANY

Notes to the Condensed Consolidated Financial Statements

(unaudited)