American Battery Materials, Inc. announced that it has acquired and staked additional lithium mining claims adjacent to its Lisbon Valley Project, located in San Juan County, Utah. The newly acquired mining claims expand ABM's strategic land position to approximately 14,300 acres, a seven-fold increase from its current position of 2,000 acres. The Company's actions follow the release of a new Technical Report Summary focused on ABM's Lisbon Valley Project, highlighting the scope of the opportunity and progress toward direct lithium extraction.

The new claims have been registered with the Bureau of Land Management. ABM now holds a total of 743 placer claims over 14,320 acres, comprised of (i) the 102 original claims held by ABM; and, (ii) the 641 new claims. ABM will continue to seek additional opportunities to increase its claims, properties, and projects.