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Full interview: American Battery Metals Corporation secures $10M capital investment promise

American Battery Metals Corporation (OTCMKTS:ABML) CEO Doug Cole tells Proactive it has received a promise for a $10 million capital investment from Newood Finance Solutions Limited, a Fiji corporation doing business as Unifinance Limited, an affiliate of VCM Group Pty Limited, Cole says this is the 'best partnership we could have' and expects the financing to close in tranches over the next 60 days.

The equity financing will be used towards building out the Nevada company's battery recycling plant and to eliminate a portion of its convertible debt.

Quick facts: American Battery Metals Corporation

Price: 0.129 USD

OTCQB:ABML
Market: OTCQB
Market Cap: $44.68 m
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American Battery Metals gearing up for clean energy transition with battery...

American Battery Metals Corporation (OTCQB:ABML) Head of Business Development and Government Affairs Doug Nickle tells Proactive how the Nevada-based firm is gearing up for the clean energy transition with its battery metals recycling plant. Nickle says fewer than 5% of lithium-ion...

2 weeks, 3 days ago

2 min read