American Battery Materials converts $11.7M debt, adds board members, advances Utah lithium project

AMERICAN BATTERY MATERIALS, INC.

Converted 99 convertible promissory notes, removing $11.7M of debt.
Completed exercise of 4 common stock warrants for over $100K working capital.
Added Andrew Suckling (lithium industry executive) and Justin Vorwerk (investment banker) to Board.
CEO Sebastian Lux highlights progress on Lisbon Valley brine project with geotech partner RESPEC.
Engaged MZ Group for investor relations; virtual roadshow scheduled for Feb 1, 2023.

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