Strengthens Financial Team in Anticipation of Lithium-Ion Battery Recycling Facility
INCLINE VILLAGE, NV / ACCESSWIRE / June 8, 2020 / American Battery Metals Corporation (OTCQB:ABML) (the "Company"), an American-owned advanced extraction and battery recycling technology company with extensive mineral resources in Nevada, 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 Corporation's sales and purchasing.
"I am excited to be joining the American Battery Metals Corporation team. It's a privilege to be a part of the work we are doing as a company to positively impact the battery industry and improve the recycling of waste," said, Vickey Alvarez.
Vickey comes to American Battery Metals Corporation from the Nevada State Board of Nursing ("NSBN"), where she managed AP/AR, budget, forecasts, cash management, audits, GL accounting, and payroll. During her tenure with NSBN she re-engineered their entire accounting system, creating greater efficiencies, budget savings, and transparencies to the organization's financial functions. On behalf of the organization, Vickey went to the Governor-appointed Sunset Subcommittee of the Legislative Commission to present NSBN's financials and operating reserve policy which gained NSBN a satisfactory finding.
Prior to NSBN, she worked pre and post IPO as a staff accountant for Coupa Software. She was a valued accounting team member and instrumental in the audits leading up to their IPO.
Vickey is a graduate of the University of Nevada, Reno, with a BS in Business Administration and a minor in Accounting. She has recently returned to UNR to obtain her MBA in order to better understand the evolving trends and innovation within finance and accounting.
When not working or studying, you can find Vickey staring in awe at the Nevada sky, snowboarding, or enjoying all Lake Tahoe has to offer. She considers Excel to be her Patronus and never tires of learning a new formula.
American Battery Metals Corporation Chief Executive Officer, Doug Cole, commented, "We welcome Vickey to our team, as we prepare for the development of our lithium-ion battery recycling facility and target commercialization toward the end of 2020 and into early-2021."
American Battery Metals Corporation
American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is an American-owned, advanced extraction and battery recycling technology company with extensive mineral resources in Nevada. The company is focused on its lithium-ion battery recycling and resource production projects in Nevada, with the goal of becoming a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets.
For more information, please visit:www.batterymetals.com
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2019. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE: American Battery Metals Corporation
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