|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||1.2500 - 1.3200|
|52 Week Range||0.1400 - 4.9000|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.50|
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RENO, NV / ACCESSWIRE / September 27, 2021 / American Battery Technology Company (OTCQB:ABML), an American-owned critical minerals company currently building the first non-thermal integrated lithium-ion battery recycling plant in the United States, announced today it has entered into definitive agreements with a US-based institutional asset manager for the purchase and sale of approximately $39,100,000 in securities, before deducting transaction fees and expenses. The transaction, completed at a
This agreement is in the form of an exclusive exploration license through which ABTC has the sole authority to conduct its surveying, sampling, and proprietary extraction trials to characterize these resources and to quantify the performance of the lithium extraction and manufacturing operations. Through this agreement, after concluding its trials and internal assessment of these resources, ABTC then has the exclusive option to purchase these lithium-bearing claims.
For the last two years, the ABTC team has worked to develop an in-house process to manufacture battery-grade lithium from domestic Nevada based resources. The company has owned land and leased mining claims with lithium bearing resources throughout Nevada for many years, however simply having access to battery metal resources does not in itself contribute to addressing our global challenges.