Funr (FUNR)

[HNDRXX]

$CUBV MEGA LITHIUM MERGER: Breakthrough Energy Funded?

Twitter:https://twitter.com/CubaBevCompany?s=20

Authorized Shares 10,000,000,000 07/16/2021
Outstanding Shares 2,912,642,216 07/16/2021
Restricted 1,173,008,246 07/16/2021
Unrestricted 1,739,633,970 07/16/2021

Could CUBV be merging with a company that just got funded by Bill Gates Break Through Energy Ventures Fund?? Lets dive in to see how this could be a possibility

https://twitter.com/CubaBevCompany/status/1417564454955352069?s=20

CUBV has begun negotiations with a developer of lithium extraction technology designed to absorb lithium from brine resources. The company's technology is based on the ion-exchange theory that facilitates the production of lithium from brine resources with minimal cost

If you google the statement in red. The company below pops up. Now this could be speculation or simply coincidence. But if $CUBV completes this merger. I think we could easily be seeing Higher Highs

ABOUT LILAC SOLUTIONS

Lilac Solutions is a mining technology company based in Oakland, California. Lilac has developed a patented ion exchange technology that facilitates production of lithium from abundant brine resources with minimal cost and ultra-low environmental footprint. Lilac’s mission is to increase lithium supplies needed for electric vehicles and renewable energy storage.


PRESS RELEASE: Lilac Solutions Raises $20 Million in Series A Funding to Transform Lithium Production Worldwide


Source: https://www.lilacsolutions.com/news/lilac-solutions-raises-series-a

OAKLAND, Calif. — Lilac Solutions, a mining technology company that is transforming lithium production, today announced it has raised $20 million in Series A funding. Led by Breakthrough Energy Ventures, a $1 billion fund established by many of the world’s top business leaders to support companies with the potential to significantly reduce greenhouse gas emissions, the round includes participation from The Engine, Lowercarbon Capital, and The Grantham Foundation.

https://www.breakthroughenergy.org/
https://www.breakthroughenergy.org/investing-in-innovation/bev-portfolio

When David Snydacker began his PhD in materials science at Northwestern University, his goal was to find new materials that would soup up the performance of electric-vehicle batteries. After 5 years, he realized that companies like Tesla were doing just fine and probably didn’t need his help.

But even as battery technology improved, lithium remained the common denominator. And all the lithium that ends up in batteries is pulled from the ground with the same two resource-intensive methods. So, in the final year of his program, Snydacker shifted gears and began applying the tools of battery materials discovery to developing a new way to extract lithium.

In June 2016—the same month he graduated—Snydacker formed Lilac Solutions. This February, he was rewarded for his progress with $20 million in series A funding from investors led by Breakthrough Energy Ventures, the Bill Gates–backed venture capital fund.

Snydacker convinced his investors that today’s methods of obtaining lithium—hard-rock mining and huge brine evaporation ponds—aren’t going to cut it if the world is to shift wholesale to electric vehicles. His alternative was the ion exchange method the Lilac team had spent the previous 4 years honing.

Source: https://cen.acs.org/business/start-ups/CENs-2020-10-Start-Ups-to-Watch/98/i44