Seaport Global Acquisition II Corp. Warrant

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American Battery Materials Acquires Substantial Mining Claims to Increase Domestic Production of Lithium

GlobeNewswire

·

24 Jul 2023

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The newly acquired mining claims expand ABM’s strategic land position to approximately 14,300 acres, a seven-fold increase from its current position of 2,000 acres. The Company’s actions follow the release of a new Technical Report Summary focused on ABM’s Lisbon Valley Project, highlighting the scope of the opportunity and progress toward direct lithium extraction.“The results of our latest Technical Report Summary validated our belief that there are substantial lithium deposits in brine to be extracted from the Lisbon Valley,” said Sebastian Lux, Co-Chief Executive Officer of ABM. “Expanding access to lithium deposits further diversifies our portfolio and represents a critical step in the pursuit of our mission to become a leader in the commercial production of lithium in the U.S. Our continued investment and progress on our strategic roadmap reflect our commitment to creating shareholder value while","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/h71AjTYMWsNZQJ5lEYSCBA--~B/aD02MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/globenewswire.com/fb434386f231594b55fd78acdc92fae7","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/h71AjTYMWsNZQJ5lEYSCBA--~B/aD02MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/globenewswire.com/fb434386f231594b55fd78acdc92fae7"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/american-battery-materials-acquires-substantial-123000723.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SGII","SGIIU","ARKG","SGIIW","BK4544"],"gpt_icon":0}],"pageSize":4,"totalPage":1,"pageCount":1,"totalSize":1,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/fundamental/corporate_actions/details/SGIIW\",params:#limit:5,,,undefined,":[{"market":"US","date":"2023-12-04","symbol":"SGIIW","reason":null,"defaultRemindTime":1701700200000,"announcedDate":"2023-12-01","type":"delisting","dateTimestamp":1701666000000}],"@#url:\"https://hq.skytigris.cn/fundamental/dividend/history\",params:#symbol:\"SGIIW\",market:\"US\",,,undefined,":[],"@#url:\"https://hq.skytigris.cn/fundamental/estimate/recommendation\",params:#symbol:\"SGIIW\",market:\"US\",delay:false,,,undefined,":{}}}