American Battery Metals Corporation (OTCMKTS:ABML) Stock Sees Selling Pressure At Higher Level
American Battery Metals Corporation (OTCMKTS:ABML) is down 10% in a week. The company and a US-based institutional asset manager have announced an agreement to raise around $39.1 million through an oversubscribed direct offering closed at a 5.8% discount to American Battery Metal’s five-day weighted average volume. The company indicated that it would use the proceeds of the offering in finding the development and commissioning of the 20,000 metric tonne battery…