Role
10%+ Owner
Signature
/s/ Encompass Capital Advisors LLC, By: /s/ Todd J. Kantor, its Managing Member
Issuer symbol
IBATF
Transactions as of
30 Jan 2026
Net transactions value
$0
Form type
3
Filing time
02 Feb 2026, 16:08:06 UTC
Previous filing
04 Nov 2025

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
Encompass Capital Advisors LLC 10%+ Owner 200 PARK AVENUE, 16TH FLOOR, NEW YORK /s/ Encompass Capital Advisors LLC, By: /s/ Todd J. Kantor, its Managing Member 02 Feb 2026 0001541901
Encompass Capital Partners LLC 10%+ Owner C/O ENCOMPASS CAPITAL ADVISORS LLC, 200 PARK AVENUE, 16TH FLOOR, NEW YORK /s/ Encompass Capital Partners LLC, By: /s/ Todd J. Kantor, its Managing Member 02 Feb 2026 0002050318
Kantor Todd J. 10%+ Owner C/O ENCOMPASS CAPITAL ADVISORS LLC, 200 PARK AVENUE, 16TH FLOOR, NEW YORK /s/ Encompass Capital Master Fund L.P., By: Encompass Capital Advisors LLC, its Investment Manager, By: /s/ Todd J. Kantor, its Managing Member 02 Feb 2026 0002021082
Encompass Capital Master Fund LP 10%+ Owner C/O OGIER GLOBAL (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN, CAYMAN ISLANDS /s/ Todd J. Kantor 02 Feb 2026 0001537466

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IBATF Common Shares 57,897,081 30 Jan 2026 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IBATF Warrants 30 Jan 2026 Common Shares 6,396,999 $0.8600 Direct F2, F3, F4
holding IBATF Warrants 30 Jan 2026 Common Shares 10,717,977 $0.6900 Direct F2, F3, F5
holding IBATF Warrants 30 Jan 2026 Common Shares 3,000,000 $0.6900 Direct F2, F3, F5
holding IBATF Warrants 30 Jan 2026 Common Shares 25,765,259 $0.2500 Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 3 is filed jointly by Encompass Capital Advisors LLC ("ECA"), Todd Kantor ("Mr. Kantor"), Encompass Capital Partners LLC ("ECP") and Encompass Capital Master Fund LP ("ECM" and, together with ECA, ECP and Mr. Kantor, collectively, the "Reporting Persons"). Each of the Reporting Persons is the member of a Section 13(d) group. Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. Further, each of the Reporting Persons disclaims beneficial ownership of the Common Shares reported herein except to the extent of its pecuniary interest therein.
F2 Represents Common Shares and Common Shares subject to exercisable warrants held by ECM and by certain funds and managed accounts managed or sub-advised by ECA. By virtue of its position as a general partner of certain investment partnerships managed by ECA, ECP may be deemed to have beneficial ownership of the securities identified above. By virtue of Mr. Kantor's position of Managing Member of ECA and ECP, Mr. Kantor may be deemed to have beneficial ownership of the securities identified above.
F3 Consists of warrants exercisable for shares of Common Stock, subject to a 19.99% beneficial ownership limitation.
F4 Represents an exercise price of $1.21 Canadian dollars, converted to U.S. dollars using the Bank of Canada daily exchange rate of $1.00 to CAD$1.3877 as of January 14, 2026.
F5 Represents an exercise price of $0.9579 Canadian dollars, converted to U.S. dollars using the Bank of Canada daily exchange rate of $1.00 to CAD$1.3877 as of January 14, 2026.
F6 Represents an exercise price of $0.355 Canadian dollars, converted to U.S. dollars using the Bank of Canada daily exchange rate of $1.00 to CAD$1.3877 as of January 14, 2026.