Mr. Jeremy Poirier reports
AMERICAN BATTERY METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT WITH STRATEGIC INVESTOR
American Battery Metals Corp. is proposing to complete a non-brokered private placement of common shares at a price of 20 cents per share for gross proceeds of $500,000. The company anticipates completing the financing with a strategic off-shore investment partner and expects to close the financing in February, 2020.
The company may pay finders’ fees in connection with the private placement and all securities issued pursuant to the private placement will be subject to a four-month hold period. Net proceeds from the private placement will be used by the company for general working capital purposes.
Subject to Canadian Securities Exchange approval, the company reserves the right to increase the size of the private placement by an additional $500,000.
About American Battery Metals Corp.
American Battery Metals Corp. is a junior mineral exploration company engaged in the business of acquiring, exploring and evaluating natural resource properties. The Company has an option to acquire a 50% interest in the Fish Lake property located in Esmeralda County in the state of Nevada, USA.
Chief Executive Officer, President and Director