WARNOCK JACOB AARON

Director and 10% owner Jacob Warnock purchases over 34 million shares at deeply depressed valuation amid extended selloff.

Jacob Warnock, a director and significant beneficial owner, deployed substantial capital to purchase over 34 million shares at prices well below the company's recent trading range, signaling confidence that the current valuation is attractive despite the stock's sharp decline from its highs. The company remains profitable with positive earnings in its latest quarter, providing a tangible asset backing the stock that may not be fully reflected in the current price. Warnock's meaningful commitment—increasing his stake by roughly a third—suggests he views the market's pessimism as overdone, particularly given the company's stable earnings foundation. This purchase stands out because it occurred at depressed levels in an extended selloff, a classic pattern of insider accumulation when fundamentals don't justify the price collapse. The size and conviction of this buy warrant attention, especially if corroborated by other insiders or if the company's operational trajectory remains intact.

Director Warnock buys 26,427,053 shares for $2,114,164.24 at $0.08, boosting stake to 108,784,978 shares (+32.1%)

Jacob Aaron Warnock, a director of International Battery Metals Ltd, purchased 26,427,053 shares for $2,114,164.24 at $0.08 per share on February 23, 2026, expanding his holdings by 32.1% to 108,784,978 shares. This represents a material increase in ownership stake and a significant personal capital commitment at a price that trades below the 52-week high of $0.59 but above the 52-week low of $0.09. The purchase occurred despite the stock trading 76.3% below its 52-week high, though recent momentum has been positive with a 27.3% 30-day gain. With the company posting $754,000.00 in net income and a $48,024,691.26 market cap, the transaction warrants examination of whether price action and company fundamentals justify the director's expanded commitment.