American Battery Materials Inc (BLTH)

[JPS02]

BOXS 10/21/2022 PR - Key Highlights:

Carefully reading the BOXS PR below helped me identify many parts that are insightful into the potential immense value being built into American Battery Materials Inc. (ABM) as an American lithium and new energy company:

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

>>> 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.

1. New ABM website says it all: Lithium + New Energy + Battery Materials + New ticker pending FINRA review

https://www.americanbatterymaterials.com





- The recent state filing confirms that they are proceeding with the name change:



2. Key words in 10/21/22 PR - Prospective operating partners: Expanding portfolio of mineral rights + growing extraction capabilities (see green highlighted text)



3. This part of the PR seems to establish ABM as a vertically integrated producer - key word gigagactory (see pink highlighted text) and ...objective to become a dependable U.S. producer of upstream technical materials (see yellow/turquoise highlighted text)

Related key extract from PR:

>>> 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.



4. From the ABM twitter, we know that BOXS tweeted recently about the $2.8 billion in grants for U.S. battery supply chains:

https://twitter.com/AmBatMat



- Although ABM was not announced as being selected for funding, the key words from the WH announcement that might be relevant for the ABM tweet: first set of projects

Source: https://www.whitehouse.gov/briefing-room/statements-releases/2022/10/19/fact-sheet-biden-harris-administration-driving-u-s-battery-manufacturing-and-good-paying-jobs/



As a BOXS shareholder, I think this PR is very insightful and the new MGMT/BoD is not wasting time:

https://www.globenewswire.com/news-release/2022/08/24/2503730/0/en/BoxScore-Brands-Inc-Adds-Two-Senior-Executives-to-its-Board-of-Directors.html

Go BOXS!