American Battery Materials expands Lisbon Valley lithium claims to 743 and updates technical report

AMERICAN BATTERY MATERIALS, INC.

Acquired additional lithium mining claims adjacent to Lisbon Valley Project in San Juan County, Utah, totaling 743 placer claims covering ~23 square miles.
Posted updated Technical Report Summary dated July 6, 2023 and corporate presentation to website for investor presentations.
Updated report cites historic brine analysis from Superior Fed 88-21P well with 730 ppm Li2O, 2.91% K2O, and 3,200 ppm bromine.
Company continues pursuing proposed business combination with Seaport Global Acquisition II Corp. (NASDAQ: SGII).
Project targets direct lithium extraction (DLE) from Paradox Formation brines to avoid evaporation ponds.

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