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BoxScore Brands, Inc. (OTC Pink: BOXS) announced its corporate rebranding as American Battery Materials, Inc. (ABM) to emphasize its focus on U.S. battery material production and the lithium carbonate market. This change follows the 2021 acquisition of mineral rights in Utah's Paradox Basin. ABM aims to support domestic battery supply chains amid the growing electric vehicle market, projected to exceed half of global light vehicle sales by 2035. The company plans to leverage its mineral rights and extraction capabilities while continuing to trade under the BOXS ticker pending FINRA approval.
BoxScore Brands, Inc. (OTC Pink Current: BOXS) announced the addition of two senior executives to its Board of Directors on August 19, 2022. Justin Vorwerk, a veteran investment banker, and Andrew P. Suckling, a lithium industry expert, bring extensive experience to the company. Vorwerk aims to leverage his capital market expertise to support BoxScore’s growth, while Suckling plans to provide strategic direction in the critical minerals sector. The company is focused on developing its Lisbon Lithium Project and expanding its mineral claims in the Americas.
BoxScore Brands (OTC Pink Current: BOXS) has issued a corporate update highlighting significant developments in its Lisbon Valley lithium project. CEO Sebastian Lux emphasized the surging demand for lithium and the company’s advancements in geological and technical aspects of the project since acquiring 102 mining claims in November 2021. The Company is pursuing further land acquisitions and is in active discussions regarding Direct Lithium Extraction technology to ensure efficient and environmentally friendly operations. BoxScore's 2022 Second Quarter report was released on August 17.
BoxScore Brands, Inc. (OTC Pink Current: BOXS) has partnered with RESPEC Company LLC for geotechnical and engineering support in exploring its Lisbon Valley properties. BoxScore aims to validate the presence of lithium-rich brines, previously identified in a December 2021 report, and plans to re-enter historical wells, aiming for a resource-rich operation. The collaboration will focus on advanced brine extractive technologies and comprehensive technical reporting, thereby positioning BoxScore to capitalize on the increasing demand for 'tech minerals' essential for battery and renewable energy technologies.
BoxScore Brands, Inc. (OTC Pink: BOXS), a renewable energy firm specializing in precious minerals, has provided a corporate update highlighting its focus on the Lisbon Valley Lithium Brine Project. The company is pursuing funding through government grants and strategic partnerships while working to eliminate legacy debt. Upcoming plans include engineering collaborations for lithium extraction and potential uplisting to major stock exchanges. A name change and website update are also in consideration to enhance branding and stakeholder engagement.
BoxScore Brands (OTC Pink: BOXS) reported progress on its Lisbon Valley Lithium Brine Project as of February 14, 2022. The company is collaborating with a top engineering firm to integrate key permits and complete an NI 43-101 resource report. They are receiving bids from drilling companies experienced in the Paradox formation and are evaluating mobile extraction technologies. The demand for lithium is surging, with prices more than doubling recently, positioning BoxScore to capitalize on this market opportunity. The project aims for significant milestones and corporate growth in 2022.
BoxScore Brands (OTC Pink: BOXS) has provided a significant update regarding its Lisbon Lithium Project in Utah. The company has acquired a considerable land position in an area known for its rich mineral content and has received a preliminary technical report from Peek Consulting, confirming the high probability of lithium mineralization in the brines. The report recommends a comprehensive historical data review and the re-entry of a historical well to assess the potential of the brines. The company aims to pursue these recommendations actively in early 2022, signaling its commitment to exploration and production in renewable energy.
BoxScore Brands Inc. (OTC Pink: BOXS) recently updated shareholders on its SEC filings, confirming the completion of six filings and the Form 10-Q for the quarter ending June 30, 2021. Although this milestone is acknowledged, the company missed its filing deadline, resulting in a downgrade to the OTC Markets Group’s Expert Market. They are now working to move their stock quotation back to the OTCQB Venture Market, a process expected to take 4 to 6 weeks. The company commits to keeping shareholders informed through 8-k filings and Twitter updates.
BoxScore is updating shareholders via CEO Andrew Boutsikakis, highlighting major restructuring efforts since February 2020. The company has renegotiated debt, injected capital, and is focusing on new operational directions towards sustainable energy and battery technology sectors. A detailed plan for commodities in these sectors is underway, along with strategic partnerships and capital strategy implementations. The addition of Pat Avery as COO brings over 30 years of industry experience. The company aims to add shareholder value through these initiatives.