Duyuru • Jun 20
American Battery Materials, Inc. Expands its Strategic Extraction Efforts Beyond Lithium to Include Magnesium Recovery at its Project in Utah's Paradox Basin American Battery Materials Inc. announced that it is expanding its strategic extraction efforts beyond lithium to include magnesium recovery at its project in Utah's Paradox Basin. The Paradox Basin resource already recognized for its lithium concentrations also contains high levels of magnesium. ABM's mineral rights cover 743 claims across 14,260 acres, offering a unique opportunity to co-extract lithium and magnesium using advanced Direct Lithium Extraction (DLE) techniques. ABM's efforts to recover magnesium is a natural progression of mission to support the U.S. energy transition. ABM's DLE-based approach is designed to efficiently recover both lithium and magnesium with minimal environmental impact. The company's closed-loop extraction system returns the majority of extracted brine to its source, significantly reducing land usage and eliminating the need for open-pit mining or evaporation ponds. Duyuru • Jan 15
American Battery Materials, Inc. Appoints Joseph E. Mullin to Its Advisory Board American Battery Materials, Inc. announced the appointment of Joseph E. Mullin to its Advisory Board. Joseph Mullin brings more than 30 years of experience in mineral exploration and corporate finance to the Company. He currently serves as CEO of Pure Energy Minerals Ltd., where he oversees lithium brine projects in Nevada, and CEO of Rise Gold Corp., focused on a past-producing gold mine in California. His career also includes leadership roles at Virginia Energy Resources, Inc. and QuestEx Gold & Copper Ltd.Mr. Mullin began his career in the Investment Banking division of Goldman Sachs, covering Latin America. Duyuru • Nov 22
American Battery Materials Receives Approvals to Reenter Exploration Well in Utah American Battery Materials, Inc. announced that the Company has received necessary agency approvals to reenter the Peterson Fed 88-21P well bore in southeast Utah, pending the required financial guarantee. These approvals come following detailed reviews by the Bureau of Land Management (BLM) and the Utah Department of Natural Resources Division of Oil, Gas, and Mining (DOGM). According to the BLM's decision, the Company's Notice was deemed complete and compliant with regulations, requiring a financial guarantee to ensure proper reclamation. Similarly, DOGM's tentative approval affirmed readiness for the project, contingent on final surety concurrence. This milestone underscores the Company's commitment to advancing its direct lithium extraction (DLE) capabilities in an environmentally responsible manner, supporting the growing demand for domestic critical minerals. Duyuru • Jul 31
American Battery Materials, Inc. Appoints Chris McClanahan to Advisory - Board American Battery Materials, Inc. announced the appointment of Chris McClanahan to its Advisory Board. Mr. McClanahan brings extensive experience in the Oilfield Service industry that spans 30 plus years. Mr. McClanahan is currently President and CEO of Coastal Drilling Company, LLC, and formerly CEO and Chairman of Iron Horse Tools, LLC, operating in Texas and Louisiana. Duyuru • Feb 14
American Battery Materials, Inc. has filed a Follow-on Equity Offering in the amount of $2.5 million. American Battery Materials, Inc. has filed a Follow-on Equity Offering in the amount of $2.5 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: New Market Listing Duyuru • Nov 09
American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC) American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC) on November 7, 2023. Duyuru • Jul 25
American Battery Materials, Inc. (OTCPK:BLTH) acquired Additional Lithium Mining Claims Adjacent to its Lisbon Valley Project, in San Juan County, Utah. American Battery Materials, Inc. (OTCPK:BLTH) acquired Additional Lithium Mining Claims Adjacent to its Lisbon Valley Project, in San Juan County, Utah on July 24, 2023.American Battery Materials, Inc. (OTCPK:BLTH) completed the acquisition of Additional Lithium Mining Claims Adjacent to its Lisbon Valley Project, in San Juan County, Utah on July 24, 2023. Duyuru • Jun 15
American Battery Materials, Inc. Appoints Dylan C. Glenn, as Independent Director American Battery Materials, Inc. announced that Dylan C. Glenn, was introduced as the Company’s newest independent director. Mr. Glenn is currently a senior director at Eldridge Industries, a diversified holding company based in Greenwich, Connecticut. Prior to his tenure with Eldridge, Mr. Glenn was Chairman of Guggenheim KBBO Partners Ltd., a Dubai-based joint venture partnership between the KBBO Group and Guggenheim Partners. Prior to this role, Mr. Glenn spent more than a decade at Guggenheim Partners, where he was Managing Director and critical to the firm’s expansion. Mr. Glenn also has experience in the government and regulatory space, having served as Deputy Chief of Staff to Georgia Governor Sonny Perdue, and was a Georgia congressional candidate. He also served in the White House in Washington, D.C. as Special Assistant to President George W. Bush for Economic Policy from 2001 to 2003, having the honor of being a member of the National Economic Council team advising the President on various economic issues. Duyuru • Jun 03
American Battery Materials, Inc. (OTCPK:BLTH) entered into a definitive merger agreement to acquire Seaport Global Acquisition II Corp. (NasdaqGM:SGII) from Seaport Global SPAC II, LLC and others for $160 million in a reverse merger transaction. American Battery Materials, Inc. (OTCPK:BLTH) entered into a definitive merger agreement to acquire Seaport Global Acquisition II Corp. (NasdaqGM:SGII) from Seaport Global SPAC II, LLC and others for $160 million in a reverse merger transaction on June 1, 2023. The holders of outstanding ABM shares will receive equity in SGII valued at $160 million (subject to adjustments). The combined company will have an estimated pro-forma enterprise value of $225 million. It is intended that 100% of existing ABM shareholders will roll over their equity and own approximately 70% of the pro forma equity of the combined company. In connection with the execution of the Merger Agreement, SGII and ABM entered into a prepaid forward purchase agreement (“ FSPA ”) with (i) Meteora Special Opportunity Fund I, LP, (ii) Meteora Capital Partners, LP and (iii) Meteora Select Trading Opportunities Master, LP (collectively, " Meteora "). Pursuant to the forward purchase agreement, Meteora is expected to purchase up to 4,200,000 shares of SGII Class A common stock. The combined company is expected to be renamed “American Battery Materials Holdings”, and its common stock and warrants are expected to be listed on the Nasdaq Global Market (“Nasdaq”).
The Boards of Directors of both ABM and SGII have unanimously approved the Proposed Business Combination, which is subject to customary closing conditions, including receipt of all regulatory approvals, SGII having at least $5,000,001 of net tangible assets remaining prior to the Merger, the Registration Statement on Form S-4 having become effective, SGII executing the Sponsor Lock-Up Agreement, the SGII common stock to be issued pursuant to the Merger Agreement and underlying the exchanged options and warrants having been approved for listing on a national securities exchange, the Available Closing Date Cash being equal to or in excess of $20,000,000, all directors of ABM that will not continue as directors of ABM having executed and delivered to SGII letters of resignation, as well as the approval by ABM’s and SGII’s shareholders. The Proposed Business Combination is expected to close in the fourth quarter of 2023. Will Burns and Joseph Swanson of Paul Hastings LLP acted as legal advisor to Seaport Global. Tomer Tal of New Venture Attorneys, P.C. acted as legal advisor to American Battery Materials. Duyuru • Feb 03
American Battery Materials Appoints Ryan Zarkesh to Advisory Board American Battery Materials, Inc. announced the appointment of Ryan Zarkesh, PhD, to its Advisory Board. Dr. Zarkesh brings extensive experience as a scientist and technical writer with over 15 years as a chemist in industrial and academic settings. He has published over 30 peer-reviewed papers and technical reports. In addition, Dr. Zarkesh was the co-founder and principal scientist of Lilac Solutions, a lithium extraction company that discovered, evaluated, and scaled up production of unique composite ion exchange materials for the extraction of lithium from continental brines. Dr. Zarkesh is currently Senior Chemist at Synthio Chemicals, Inc., a chemical manufacturing, and engineering services firm that specializes in the application of process intensification techniques to industrial-scale synthesis of fine chemicals. He holds a Ph.D. in Inorganic Chemistry from University of California, Irvine, and a B.S. in Chemistry from the Colorado School of Mines. Duyuru • Nov 15
BoxScore Brands, Inc. announced delayed 10-Q filing On 11/14/2022, BoxScore Brands, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Nov 11
Boxscore Brands, Inc. Announces Chief Financial Officer Changes BoxScore Brands, Inc. announced that the Board of Directors of BoxScore Brands, Inc. accepted the voluntary resignation of Sebastian Lux as chief financial officer and principal financial officer, effective immediately. Mr. Lux will continue to serve as the Company’s chief executive officer, president, and principal executive officer. There was no dispute or disagreement with Mr. Lux as his resignation was necessitated by the appointment of a new chief financial officer in order to enable Mr. Lux to better focus on leading the company. On November 09, 2022, the Board appointed Ross Saldarini to succeed Mr. Lux as the Company’s chief financial officer and principal financial officer, effective immediately. Mr. Saldarini (age 53) brings over twenty-five years’ experience in corporate finance, mergers & acquisitions, business and retail strategy, and ecommerce in technology services within the consumer products and financial marketplaces. Prior to joining the Company, Mr. Saldarini was chief financial officer of Upper Echelon Products, and from 2018-2022 was a managing partner with Yellowstone Advisors LLC, a strategic advisory, M&A, and management consulting services company. The Board will consider and determine a compensation arrangement and agreement for Mr. Saldarini, as appropriate considering his position. Duyuru • Nov 10
BoxScore Brands, Inc. Appoints Mr. Scott Avanzino as Chief Operating Officer American Battery Materials, Inc. announce that it has appointed Mr. Ross Saldarini as Chief Financial Officer (CFO) and Mr. Scott Avanzino as Chief Operating Officer (COO). Both appointments are effective immediately. Mr. Avanzino is an oil and gas development and marine construction expert with twenty-five years of experience in exploration geology, wellsite operations, marine logistics and operations. Prior to joining the Company, Scott was a business development executive with Quaternary Resource Investigations, LLC and from 2019- October 2022 was owner, geologist and technical advisor with Paradise Mineral Consulting, LLC where he serviced the Gulf Coast energy sector and marine construction industry with fully integrated project management and oil and gas field services. Duyuru • Aug 24
BoxScore Brands, Inc. Announces Directors Appointment On August 17, 2022, the Board of Directors of BoxScore Brands, Inc. unanimously voted to increase the number of Directors on the Board to seven (7). On the same date, the Board subsequently approved and appointed Mr. Justin Vorwerk as a Director, and Mr. Andrew Suckling as a Director for the Company. Biographical Information: Mr. Justin Vorwerk has had a long and distinguished career in Finance and Capital Markets. Mr. Vorwerk has held positions as a Managing Director in Investment Banking with Goldman Sachs, The Royal Bank of Scotland, Deutsche Bank Securities, as well as Donaldson, Lufkin & Jenrette, and Credit Suisse, where he co-headed the Financial Sponsors Group. Mr. Vorwerk served as head of Investment Banking and Capital Markets at CRT Capital Group, where he structured debt and equity products and advised on Mergers and Acquisitions. Mr. Vorwerk holds an MBA from The University of Pennsylvania (Wharton) and attended Princeton University, where he earned a degree in Economics (AB). Mr. Andrew Suckling has over 25 years’ experience in the commodity industry and is currently the Non-Executive Chairman of Cadence Minerals (AIM: KDNC), the Non-Executive Director of Macarthur Minerals and a board member of the privately held company, IronMan Ltd. He began in 1994 as a trader on the London Metal Exchange, and subsequently became a founding partner, research analyst, and trader with the multibillion fund management group, Ospraie. Mr. Suckling is a graduate of Brasenose College, Oxford University, earning a BA (Hons) in Modern History in 1993 and an MA in Modern History in 2000. Duyuru • Aug 17
BoxScore Brands, Inc. announced delayed 10-Q filing On 08/16/2022, BoxScore Brands, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Jul 15
BoxScore Brands, Inc. announced that it has received $0.15 million in funding from Cobrador Multi-Strategy Partners, LP BoxScore Brands, Inc announced a private placement of convertible promissory note for gross proceeds of $150,000 with existing investor Cobrador Multi-Strategy Partners, LP on July 13, 2021. The note bears fixed interest rate of 9.5% and will mature after three years. The note is convertible into shares at $0.05 per share and is redeemable at the principal amount plus accrued unpaid interest after one year. The company has the option to pre-pay the note in cash in whole or in part. The company shall pay reasonable costs of collection, including reasonable attorneys’ fees in case of default. The note also contains a 4.99% limitation on the investor’s beneficial ownership of its outstanding common stock upon conversion. 
