American Battery Materials Appoints Ryan Zarkesh, PhD, to Advisory Board

Rhea-AI Summary

American Battery Materials, Inc. (OTC Pink: BOXS) announced the appointment of Dr. Ryan Zarkesh to its Advisory Board, enhancing its expertise in direct lithium extraction (DLE). Dr. Zarkesh is a distinguished chemist with over 15 years of experience, co-founder of Lilac Solutions, and has published 30+ technical reports. His background is expected to accelerate ABM's DLE pilot program for lithium extraction from its Lisbon Valley assets. CEO Sebastian Lux emphasized the value of Dr. Zarkesh's insights for business development. ABM aims to contribute to critical minerals supply for energy transition while trading under the symbol BOXS.

Positive

• Appointment of Dr. Ryan Zarkesh expected to enhance expertise in DLE technology.
• Dr. Zarkesh's experience at Lilac Solutions may accelerate lithium extraction pilot programs.

Negative

• Concerns regarding the transition of leadership and potential experience gaps.

- Direct Lithium Extraction (DLE) Technology Expert and Co-Founder of Lilac Solutions -
- Focus on Accelerating ABM’s Lithium Extraction Pilot Program -

GREENWICH, Conn., Feb. 02, 2023 (GLOBE NEWSWIRE) -- American Battery Materials, Inc. (OTC Pink: BOXS) (“ABM”, the “Company”), an environmentally responsible minerals exploration and development company focused on direct lithium extraction (“DLE”) and other critical minerals for the global energy transition, today announced the appointment of Ryan Zarkesh, PhD, to its Advisory Board.

Dr. Zarkesh brings extensive experience as a scientist and technical writer with over 15 years as a chemist in industrial and academic settings. He has published over 30 peer-reviewed papers and technical reports. In addition, Dr. Zarkesh was the co-founder and principal scientist of Lilac Solutions, a lithium extraction company that discovered, evaluated, and scaled up production of unique composite ion exchange materials for the extraction of lithium from continental brines. Dr. Zarkesh is currently Senior Chemist at Synthio Chemicals, Inc., a chemical manufacturing, and engineering services firm that specializes in the application of process intensification techniques to industrial-scale synthesis of fine chemicals. He holds a Ph.D. in Inorganic Chemistry from University of California, Irvine, and a B.S. in Chemistry from the Colorado School of Mines.

“Ryan brings a wealth of knowledge and talent to ABM’s advisory board, with experience at one of the companies responsible for developing DLE technology,” said Sebastian Lux, Chief Executive Officer of American Battery Materials. “His perspective and unique insights into DLE technology will be invaluable as we move forward with identifying our DLE partner for development of our Lisbon Valley assets, and ultimately accelerate our DLE brine extraction pilot program. We are honored to welcome a subject matter expert with such a complementary background to the ABM team.”

Dr. Zarkesh added, “DLE technology in selective brine extraction provides a cost-effective, efficient, and environmentally friendly method of production. I look forward to offering my knowledge and experience to ABM as one of the first to market with a U.S. brine that is available for DLE brine extraction pilot programs.”

ABOUT AMERICAN BATTERY MATERIALS, INC.

American Battery Materials, Inc., formerly BoxScore Brands, Inc. and still trading under the symbol BOXS pending processing by FINRA (OTC Pink: BOXS), is a US-based environmentally responsible critical minerals exploration and development 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 about American Battery Materials, Inc. and to receive Company updates via email, please visit the Contact section of our web site, www.americanbatterymaterials.com.

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FORWARD-LOOKING STATEMENTS 

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and which are based on the Company’s beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including but not limited to statements regarding the potential benefits of the name change; the Company’s ability to develop and commercialize its mineral rights; the Company’s planned research and development efforts; and, other matters regarding the Company’s business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations. In some cases, you can identify forward-looking statements by the words "may", "will", "could", "would", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "predict", "project", "potential", "continue", "ongoing", or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words.

These forward-looking statements are subject to risks, uncertainties and other factors that may cause actual results, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include, without limitation, the important risk factors described more fully in our reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including under (i) “Part I, Item 1A. Risk Factors”, in our Annual Report on Form 10-K for the year-ending December 31, 2021, filed with the SEC on March 31, 2022; and (ii) subsequent filings. Undue reliance should not be placed on the forward-looking statements in this news release, which are based on information available to us on the date hereof. The Company does not undertake any duty to update or revise forward-looking statements except as required by federal securities laws. Any distribution of this news release after the date hereof is not intended and should not be construed as updating or confirming such information.

Company
Email: ir@americanbatterymaterials.com
Tel: (800) 998-7962

Investor Relations
Brooks Hamilton
MZ North America
+1 (949) 546-6326
ABM@mzgroup.us

FAQ

Who is Dr. Ryan Zarkesh and what is his role at American Battery Materials?

Dr. Ryan Zarkesh is a chemist with over 15 years of experience, now appointed to the Advisory Board of American Battery Materials to enhance its direct lithium extraction efforts.

What are the potential impacts of Dr. Zarkesh's appointment on BOXS?

Dr. Zarkesh's appointment is expected to provide valuable insights that could accelerate American Battery Materials' lithium extraction pilot program and strengthen its presence in the critical minerals market.

What is the focus of American Battery Materials under the ticker BOXS?

American Battery Materials focuses on direct lithium extraction and other critical minerals to support energy transition and is currently trading under the ticker BOXS.

What advancements can we expect from American Battery Materials in lithium extraction?

With Dr. Zarkesh's expertise, American Battery Materials aims to advance its direct lithium extraction pilot program and potentially expedite the development of its Lisbon Valley assets.