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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: 0.0376 USD

OTCQB:ABML
Market: OTCQB
Market Cap: $9.98 m
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Full interview: American Battery Metals Corporation reveals 'exciting'...

American Battery Metals Corporation (OTCMKTS:ABML) Chief Technology Officer Ryan Melsert reveals to Proactive its been an exciting last few months, as the company has been making progress on its battery recycling technology within the Greentown Labs/BASF Circularity Challenge accelerator program...

on 02/03/2020

2 min read