American Battery Materials Inc (BLTH)

[JMMatthews]

BoxScore Brands Inc. Announces Corporate Name Change to American Battery Materials Inc.

-New Name Reflects Emphasis on U.S. Battery Material Production and Domestic Lithium Carbonate Market

-Company Focused on Continuing Growth of its Highly Attractive Lisbon Valley, Utah Mineral Rights

GREENWICH, Conn., Oct. 21, 2022 (GLOBE NEWSWIRE) -- BoxScore Brands, Inc. (OTC Pink: BOXS) today initiated its corporate rebrand and marketing efforts with the announcement of plans to change its corporate name to American Battery Materials, Inc. (“ABM”, the “Company”). This new phase is a result of the Company’s 2021 mineral rights acquisition in the Paradox Basin, Utah.

ABM is a U.S.-based critical minerals exploration and development company concentrated on direct lithium extraction (DLE), along with other minerals, for refining, processing, and distribution. ABM’s unique goal is to support the country’s urgent critical minerals needs to bolster long-term energy transition and the electrification of the U.S. domestic automotive market, as well as the global market.

“American Battery Materials underscores our objective to become a dependable U.S. producer of upstream technical materials to support domestic battery supply chains and provide America with products to serve the emerging gigafactory industry,” stated Sebastian Lux, Chief Executive Officer. “Recognizing that electric vehicles (EV’s) are projected to make up more than half of global light vehicle sales by 2035, one can appreciate the need for substantial upstream resources,” added Lux.

ABM intends to leverage an expanding portfolio of mineral rights and growing extraction capabilities with prospective operating partners. Through the corporate name change, the Company’s objective is to clearly emphasize that unique value proposition. For all legal, marketing and branding purposes, the Company will now begin to refer to itself under the new corporate name. The Company will continue to trade under the name BoxScore Brands, Inc. and the ticker symbol BOXS pending FINRA approval of name and ticker symbol change.

The American Battery Materials name and logo design are in line with the company’s progress towards lithium extraction from mineral rich brines. As part of the change, American Battery Materials has released a new corporate logo and company website at www.americanbatterymaterials.com.

ABOUT AMERICAN BATTERY MATERIALS, INC.
American Battery Materials, Inc., (OTC Pink: BOXS) is a US-based critical minerals exploration and development company focused on direct lithium extraction (DLE) as well as other minerals for refining, processing, and distribution to support the country’s urgent critical minerals need to bolster long-term energy transition and the electrification of the US domestic and global economy.

For more information about American Battery Materials, Inc. and to subscribe to the Company’s “Email Alert” service, please visit our web site at www.americanbatterymaterials.com, click “Investors” and then “Email Alert.”

Global Release: https://www.globenewswire.com/news-release/2022/10/21/2539364/0/en/BoxScore-Brands-Inc-Announces-Corporate-Name-Change-to-American-Battery-Materials-Inc.html

BoxScore Brands Inc. Announces Corporate Name Change to American Battery Materials Inc.

Global Release: https://t.co/NBaITKG20Z pic.twitter.com/I2PJv9ZeiB

— American Battery Materials, Inc. (@AmBatMat) October 21, 2022

BOXS $$$