--- title: "Fuse Battery Announces Extension dates for Subscription Receipt Financing and the RTO Transaction" type: "News" locale: "en" url: "https://longbridge.com/en/news/280841637.md" description: "Fuse Battery Metals Inc. has announced a 30-day extension from the TSX Venture Exchange to complete its subscription receipt financing related to a Reverse Take-Over transaction, which has received shareholder approval. Additionally, the Exchange granted a 90-day extension for the completion of the transaction. Trading of the company's shares is currently halted until the transaction is finalized. Further details will be provided in upcoming news releases." datetime: "2026-03-27T20:15:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280841637.md) - [en](https://longbridge.com/en/news/280841637.md) - [zh-HK](https://longbridge.com/zh-HK/news/280841637.md) generator: "portal-rs" --- # Fuse Battery Announces Extension dates for Subscription Receipt Financing and the RTO Transaction (TheNewswire) Coquitlam, BC, March 27, 2026 - TheNewswire – Fuse Battery MetalsInc. (“the Company” or “Fuse”) (TSXV: FUSE, OTCQB: FUSEF, FRA:43W3) announces that further to its news releasedated February 24, 2026 whereby the Company announced the amendmentsto the subscription receipt financing (“Financing”), the Companyhas now received an additional 30 day extension from the TSX VentureExchange (“Exchange”) to complete its previously announcedfinancing which is being done in connection with the Reverse Take-Over(“Transaction”). The Transaction has received shareholderapproval and conditional acceptance from the Exchange, and theExchange has also given the Company an additional 90 days to completethe Transaction. In accordance with Exchange Policy, the Company's shares are halted from trading and will remain halted until such time as determined by the Exchange, which, depending on the policies of the Exchange, may not occur until the completion of the Transaction. The Company will provide further details in respect of the Transaction, in due course, by way of news releases. About Fuse Battery Metals Inc. https://fusebatterymetals.com Fuse Battery Metals Inc. is a Canadian based exploration company that trades under the symbol FUSE on the TSX Venture Exchange. The Company's focus is on exploration for high value metals required for the manufacturing of batteries. Ontario Cobalt Properties Fuse owns a 100% interest its Glencore Bucke Property, situated in Bucke Township, 6 km east- northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement. The Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of Fuse’s Teledyne Cobalt Project. The Company also owns a 100% interest, subject to a royalty, in the Teledyne Project located near Cobalt, Ontario. The Teledyne Property adjoins the south and west boundaries of claims that hosted the Agnico Mine. Glencore Bucke/Teledyne Property Situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario the Glencore Bucke Property adjoins, on its northeast corner, the former cobalt producing Agaunico Mine. From 1905 through to 1961, the Agaunico Mine produced a total of 4,350,000 lbs. of cobalt (“Co”), and 980,000 oz of silver (“Ag”) (Cunningham-Dunlop, 1979). The amount of cobalt produced from the Agaunico Mine is greater than that of any other mine in the Cobalt Mining Camp. Production ceased in 1961 due to depressed Co prices and over-supply (Thomson, 1964). The Glencore property is 100% owned by Fuse Cobalt subject to a back-in provision, production royalty and off-take agreement. The associated Teledyne Property, located in Bucke and Lorrain Townships, consists of 5 patented mining claims totaling 79.1 ha, and 46 unpatented mining claim cells totaling approximately 700 ha. The Property is easily accessible by highway 567 and a well-maintained secondary road. Over CAD$25 million has been spent thus far, (2020 dollars inflation-adjusted) on the Teledyne Property resulting in valuable infrastructure including a development ramp and a modern decline going down 500 ft parallel to the main cobalt mineralized vein. The Teledyne Property is subject to a production royalty in favor of New Found Gold and an off-take agreement in favor of Glencore Canada Corp., while the Glencore Bucke Property is subject to a back-in provision, production royalty, and an off-take agreement in favor of Glencore Canada Corp. Glencore PLC is the world’s largest producer of cobalt. A significant portion of the cobalt that was produced at the Agaunico Mine was located along structures (Vein #15) that extended southward towards the northern boundary of the Teledyne Cobalt Property, currently 100% owned by FUSE. Mineralization was generally located within 125 ft (38.1 m) above the Huronian/Archean unconformity. Stoping widths of up to 50 ft (15.2 m) were not unusual at the Agaunico Mine (Cunningham-Dunlop, 1979). On Behalf of the Board of Directors “Tim Fernback” Tim Fernback, President & CEO Contact Information: Email: info@fusebatterymetals.com Phone: 236-521-0207 Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-lookingstatements. Completion of the Transaction andFinancing is subject to conditions, including final Exchangeacceptance. There can be no assurance that the Transaction or theFinancing will be completed at all. Investors are cautioned that, exceptas disclosed in the management information circular dated November 17,2025 with respect to the Transaction, any information released orreceived with respect to the Transaction may not be accurate orcomplete and should not be relied upon. Trading in the securities ofthe Company should be considered highly speculative. The Exchange has in no way passed upon the merits ofthe Transaction and has neither approved nor disapprovedthe contents of this newsrelease. 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