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Battery Mineral Resources Announces CEO Appointment and Debt Settlement

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Battery Mineral Resources Announces CEO Appointment and Debt Settlement

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Battery Mineral Resources ( (TSE:BMR) ) has issued an announcement.

Battery Mineral Resources Corp. announced the appointment of Lazaros Nikeas as the new CEO, following Martin Kostuik’s departure. The company also reported a debt settlement agreement with Weston Energy II LLC and Weston Energy III LLC, involving a gross revenue royalty on its Punitaqui copper mine, which is expected to support ongoing production increases and capital investment initiatives.

More about Battery Mineral Resources

Battery Mineral Resources Corp. is a company focused on building a mid-tier copper producer, having initiated operations at the Punitaqui Mining Complex in Chile. The company also holds cobalt, lithium, and graphite assets across North America and South Korea, aiming to provide shareholders with exposure to copper and the electrification trend, while pursuing growth through cash flow, exploration, and acquisitions.

YTD Price Performance: 70.0%

Average Trading Volume: 19,280

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$11.38M

See more data about BMR stock on TipRanks’ Stock Analysis page.

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