BoxScore Brands acquires 102 Utah lithium mining claims for $100K; issues $316.5K in convertible notes

AMERICAN BATTERY MATERIALS, INC.

Acquired 102 federal mining claims in San Juan County, Utah for $100,000 cash plus 2% net revenue royalty on mineral sales.
Historical data from 7 existing brine wells indicates substantial lithium concentration; seller to complete location and recording.
Issued three convertible notes totaling $316,500 ($150K, $100K, $66.5K) to fund acquisition and operations; 9.5% interest, 2-year maturity.
Notes are convertible at $0.03/share with 4.99% beneficial ownership cap; company can prepay after 1 year, holder may choose cash or stock.
Notes are senior secured indebtedness, pari passu with other senior secured debt; interest can be paid in cash or stock at holder's option.

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