BMR:CC - InvestorNewsBreaks - Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) to Attend CESCO; Announces Interest Settlement Agreements
Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) senior executives plan to attend the Centro de Estudios de Cobre y la Mineria (“CESCO”) event in Santiago, Chile; the weeklong event is scheduled to kick off April 17, 2023. Those company officials will also attend the World Copper Conference, held in conjunction with CESCO. With an estimated 2,000 attendees, including some of the industry’s best-known miners and smelters, CESCO has built a reputation for providing some of the most important commercial and networking opportunities in the mining industry. In addition, BMR announced that it has entered into interest settlement agreements with certain holders of convertible debentures of the company; the agreements are in regards to the payment of accrued interest owing under convertible debentures previously issued by BMR during 2022. According to the agreement, BMR will issue 5,202,902 common shares to settle C$830,038 of accrued interest owed to debenture holders. “We are pleased to have received the continued support of our debenture holders, who have agreed to accept their first-year interest in the form of shares,” said Battery Mineral Resources CEO Max Satel in the press release. “This will further assist the company in deploying its capital resources towards early restart activities at the Punitaqui project.”
To view the full press release, visit https://ibn.fm/p1bSh
About Battery Mineral Resources Corp.
Battery Mineral Resources is a battery minerals company providing shareholders exposure to the global megatrend of electrification while being focused on growth through cash flow, exploration and acquisitions in favorable mining jurisdictions. Battery Mineral’s mission is the discovery, acquisition and development of battery metals (namely cobalt, lithium, graphite and copper) in North America, South America and South Korea, and to become a premier and responsible supplier of battery minerals to the electrification marketplace. BMR is currently pursuing a near-term resumption of operations of the Punitaqui Mining Complex, a past copper-gold producer in the Coquimbo region of Chile. BMR is the largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Ontario, Canada, and continues to pursue a focused program to build on the recently announced, 1-million-pound-plus high-grade cobalt resource at McAra. In addition, Battery Mineral owns 100% of ESI Energy Services Inc., a profitable mainline pipeline and renewable energy equipment rental and sales company with operations in Alberta, Canada, and the state of Arizona. For more information about the company, visit www.BMRCorp.com.
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