American Battery Metals is pleased to announce the closing of a $2,625,000 common stock financing round. Initially targeting $2 million, the friends, family and insider investment round was over-subscribed. American Battery Metals Corp. Chief Technology Officer, Ryan Melsert participated with an investment of $150,000. The restricted common stock is subject to registration rights or a six-month hold sellable under Rule [...]
American Battery Metals today commented on the current state of the global supply chains of critical metals that fuel lithium-ion batteries. Simon Moores, Managing Director of Benchmark Minerals, the leading battery metals Price Reporting Agency, was invited for the third time to testify in front of the United States Senate Energy and Natural Resources Committee to discuss the battery metals supply chains. Speaking to the [...]
American Battery Metals today announced that its Head of Business Development and Government Affairs, Doug Nickle, was recently interviewed by Proactive Investors, a UK-based online investor services company that provides analytics, market reports, and company and industry profiles. The interview focused on the global challenge of less than 5% of lithium-ion batteries being currently recycled, equating to just 90,000 [...]
American Battery Metals today announced that it has chosen northern Nevada for the Company's first-of-kind lithium-ion battery recycling facility. The acquisition of an industrial plant for the commercial pilot recycling facility is expected to be finalized within the next few weeks. Northern Nevada is an ideal location for American Battery Metals Corp. to open its facility. The proximity to Tesla's Gigafactory, road and [...]
American Battery Metals today announced the hiring of Vickey Alvarez as its Corporate Controller. She will have oversight and responsibility for full-cycle accounting for the corporation. In addition to all aspects of financials, forecasting, regulatory compliance, and all business transactions, she will also manage American Battery Metals Corp.'s sales and purchasing. "I am excited to be joining the [...]
American Battery Metals today announced its intention to change its corporate name to American Battery Technology Company in order to better reflect its primary focus and mission. Over the past several months, the Company has readied and positioned itself for its planned lithium-ion battery metals recycling plant in Nevada, with many new hires, including several from Tesla. Doug Cole, Chairman and Chief Executive Officer [...]
American Battery Metals is pleased to announce that it has received an initial investment towards its previously disclosed $10 million strategic investment infusion from Unifinance Limited. The entire $10 million investment, in the form of a purchase of the Company's Series B preferred stock which is convertible into common stock of the Company at a fixed price of $0.25 per share, remains committed and will be provided as [...]
American Battery Metals today announced an update on its financing initiatives. On February 19, 2020, American Battery Metals issued a press release and file an 8-K describing the Company's agreement to sell Series B Preferred Shares at a fixed price of $0.25 per share and warrants to Newood Finance Solutions Limited, a Fiji corporation doing business as Unifinance Limited pursuant to a subscription agreement. The [...]
American Battery Metals today announced the hiring of Chuck Leber as its Lead Onsite Project Manager. Chuck Leber has spent his 40-year career in the project and construction management of complex multi-disciplinary industrial processing facilities. He has unparalleled experience in managing multiple simultaneous dimensions of large scale construction projects including drawing review, project scheduling, capital [...]
American Battery Metals today announced that its previously disclosed $10 million strategic investment infusion has been reaffirmed. The previously highlighted date of April 19, 2020 was a target date, and given the global shutdown due to COVID-19, everything has been slowed. The Company remains in continual daily contact with its strategic and financial partner, Unifinance Limited, an affiliate of VCM Group Pty Limited [...]
American Battery Metals today announced the hiring of August Meng, formerly of Tesla, as its Principal Chemical Engineer. August Meng has the extremely desirable skillset of being both a talented chemical engineer and a skilled bench chemist. He has a PhD in Chemical Engineering and specializes in the ground-up design and development of thermochemical conversion based systems throughout the renewable energy and [...]
American Battery Metals today announced that its Chief Executive Officer Doug Cole was recently interviewed by Proactive Investors, a UK-based online investor services company that provides analytics, market reports, and company and industry profiles. The interview focused on with its battery metals recycling facility. To see the video interview in its entirety. Doug Cole tells Proactive that the battery metals recycling [...]
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