American Battery Materials Appoints Oilfield Drilling Executive Chris McClanahan to Advisory Board

July 30, 2024 at 07:00 AM EDT

--News Direct--

American Battery Materials, Inc. (OTC: BLTH) (“ABM”, the “Company”), an environmentally responsible minerals exploration and development company focused on direct lithium extraction (“DLE”) and other critical minerals, today announced the appointment of Chris McClanahan to its Advisory Board.

Mr. McClanahan brings extensive experience in the Oilfield Service industry that spans 30 plus years. Mr. McClanahan is currently President and CEO of Coastal Drilling Company, LLC, and formerly CEO and Chairman of Iron Horse Tools, LLC, operating in Texas and Louisiana.

David Graber, ABM’s CEO, noted, “Chris has been an investor in our company since 2019. Having drilled thousands of wells for his own business, he is a perfect addition to ABM’s Advisory Board as we await the appropriate permitting to begin the process of further advancing ABM’s asset in Southern Utah.

Chris McClanahan stated, “I have been observing the emergence of Direct Lithium Extraction (DLE) relating to mineral rich brines in the Oil and Gas industry, as defined by Exxon’s announcement into the field. The US needs to get behind a reliable domestic supply chain for critical minerals”.

About American Battery Materials, Inc.

American Battery Materials, Inc. (OTC: BLTH) is a U.S.-based environmentally responsible critical minerals extraction company focused on direct lithium extraction (DLE), as well as other minerals for refining, processing, and distribution to support the country’s urgent critical minerals need to bolster long-term energy transition and the electrification of the US domestic and global economy. For more information, visit www.americanbatterymaterials.com.

To receive American Battery Materials, Inc. company updates via email, visit the Contact page of our website, www.americanbatterymaterials.com/contact.

Forward Looking Statements

To the extent that statements contained in this press release are not descriptions of historical facts regarding the Company, they are forward-looking statements reflecting the current beliefs and expectations of management. Words such as “believe,” “goal,” “plan,” “feel,” "may," "will," "expect," "anticipate," "estimate," "intend," “target” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause our future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of the Company, please see the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and its Quarterly Reports on Form 10-Q, including but not limited to the discussion under "Risk Factors" therein, which the Company has filed with the SEC and may be viewed at http://www.sec.gov.

No Offer or Solicitation

This press release shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.