INCLINE VILLAGE, NV / ACCESSWIRE / January 2, 2020 / American Battery Metals Corporation (OTCQB:ABML) (the "Company"), a premier battery metal exploration, development and battery recycling company based in Nevada, today announced that the Company has engaged with VCM, a global leader in project management, engineering, and construction.
"American Battery Metals Corporation has contracted with VCM Group Pty Limited, an Australian based company, as its construction project management and EPCM (Engineering, Procurement, Construction Management) firm," said American Battery Metals Corporation Chief Executive Officer, Doug Cole. "VCM Group brings unparalleled expertise and is ready to work on our accelerated timeframe for the delivery of our battery recycling facility, as well as our extraction and production facilities for our lithium project."
The agreement marks a transformational milestone for American Battery Metals Corporation as it advances the development of its scalable battery recycling facility, with a planned, fully operational launch in mid-2020. American Battery Metals Corporation Chief Technical Officer, Ryan Melsert stated, "VCM's market leadership and expertise worldwide in project delivery, as well as ferrous and nonferrous metals will provide a significant advantage to our Company for the execution of both our battery recycling and lithium extraction technologies."
American Battery Metals Corporation Head of Business Development, Doug Nickle said, "Engaging with VCM is a great way to end 2019 and an ideal way to kick off what is sure to be an exciting 2020." Nickle continued, "Due to intense interest in our technology, we are on an expedited timetable and this strategic partnership will contribute to American Battery Metals Corporation making an immediate, positive impact on numerous battery metals supply chains."
For additional information on VCM Group Pty Limited, please visit: https://vcmgroup.com.au.
American Battery Metals Corporation
American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is a premier battery metal exploration and development company based in Nevada. The company is focused on its Railroad Valley battery metal project in Nevada with the goal of becoming a substantial domestic supplier of battery metals to the increasing electric vehicles and battery storage markets in America.
For more information, please visit: www.batterymetals.com
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2018. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE: American Battery Metals Corporation