Business Context and Reporting Period
This Form 8-K Current Report was filed by American Battery Metals Corporation on May 11, 2021. The filing reports a change in the Company's executive leadership effective on the date of the report.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Appointment of Principal Financial Officer: Effective May 11, 2021, David Corsaut assumed the role of Principal Financial Officer.
- Resignation of Chief Financial Officer: Effective May 11, 2021, Douglas Cole resigned as Chief Financial Officer.
- Continued Role: Douglas Cole remains the Company's Chief Executive Officer.
Guidance, Outlook, and Management Commentary
There is no guidance, outlook, or management commentary regarding future financial performance in this filing. Regarding the appointment of Mr. Corsaut, the Company stated there are no arrangements or understandings with other persons that led to his appointment. His compensation is governed by an employment agreement filed as Exhibit 10.1 to a previous Form 8-K dated January 5, 2021. The filing confirms Mr. Corsaut has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.
Important Facts for Investor Verification
- Verify the terms of the employment agreement for David Corsaut referenced in the January 5, 2021 Form 8-K (Exhibit 10.1).
- Confirm the transition timeline for financial reporting responsibilities between the outgoing and incoming officers.
- Note that the Company currently has no securities registered under Section 12(b) of the Exchange Act.