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Monday, October 18, 2021

Roshan Lithium, Nevada EV Facility; BRLL (Barrel Energy) Major League Run

BRLL is making a spectacular run up the charts since we reported on the stock several weeks back when the stock was well under a dime. Since than BRLL has exploded upwards to recent highs of $0.85 per share transforming into a volume leader in small caps trading $40 million plus on Thursday alone and attracting legions of new shareholders who continue to bid the stock higher. Microcapdaily noted on BRLL before it took off that the stock had a tight share structure with just 291 million shares outstanding and AS capped at 450 million. 

There is a lot to get excited about on BRLL; the Company just opened up its research and technology center in Las Vegas, NV situated on a roughly 30-acre property that is now zoned for industrial activities located in Nevada just 18.5 miles from the Tesla Gigafactory 1. The facility will strengthen Barrels’ green-energy and Electric Vehicles (EVs) product development and various collaborative technology efforts. Barrel recognizes the current deficiencies, as well as the massive potential, in the Lithium-ion battery supply chain as market and environmental forces propel the coming dominance of Zero-Emission vehicles with companies like Tesla, GM, Ford, Apple and others drive this vital technology. BRLL just signed an MOU for a partnership with Roshan Energy Technologies Pvt. Ltd located in Hyderabad, India, for Lithium Battery development and production in India and North America. As part of the venture, Barrel will become a majority stakeholder in Roshan allowing Barrel Energy the platform for expansion into the massive India market and into international markets. Roshan and Barrel plan on establishing a U.S. based manufacturing unit for key battery designs within Roshan’s line of Lithium products. India is at the forefront of innovation and technology and represents one of the largest markets for Electric Vehicles (EVs) worldwide with plans to become an all-EV nation by 2030 

Barrel Energy Inc (OTCMKTS: BRLL) is focused on several ventures within the energy and minerals sector and the rapid development of valuable production opportunities throughout North America. The Company is led by CEO Craig Alford who took the helm of Oroplata this month, soon after the announcement of the exploration results in the WNB. He has 30 years of experience in the mining industry, having managed an extensive number of projects across the world, from China to Australia, and from North and South America to Africa. Alford held senior positions in several leading miners such as Zijin, Teck Mining, and served as assistant to the World Bank and the China-Africa Development Fund on issues including investment risk, planning, and tax policy. On 8 July, Oroplata also officially brought on Paul Pelosi Jr. as senior advisor. Pelosi is the son of former U.S. Speaker of the House Nancy Pelosi, and he has extensive experience advising Fortune 500 companies in environmental sustainability and public policy. He also advises NASA Ames Research Center, and is a founding member of Cisco Systems Connected Urban Development. Currently Craig Alford is assisting Altair International Corp. to develop ATAO’s prized lithium/rare earth and gold assets in Nevada. Mr. Alford was also the founder of American Battery Metals Corp

Microcapdaily reported on BRLL on January 31 when the stock was a dime. We reported on BRLL CEO Mr. Craig Alford who at this time is assisting Altair International Corp. (ATAO: OTC) to develop ATAO’s prized lithium/rare earth and gold assets in Nevada. Mr. Alford was also the founder of American Battery Metals Corp. The Chairman of Barrel Energy, Mr. Harp Sangha and Mr. Alford are also the founders of Lithium Now. Barrel is in discussions with St-Georges Eco-Mining Corp a Canadian public company engaged in the development of new Lithium extraction technologies regarding several sites for their Lithium processing technology centers within the southwest U.S. The Company is considering location sites with a specific eye toward cost efficiency and process permitting. Access to infrastructure, sufficient power, transport and nearby source material and demand are all factors for project viability. The Company’s lead development site is situated on a roughly 30-acre property that is now zoned for industrial activities located in Nevada just 18.5 miles from the Tesla Gigafactory 1. 

The demand for lithium is growing exponentially; according to Vinneth Bajaj, a senior mining analyst for GlobalData: “Lithium metal production is expected to reach 134,700 tonnes versus 58,800 tonnes in 2020. Tthe Global Lithium-Ion Battery Recycling Market is valued at USD 8.81 Billion in 2020 and expected to reach USD 14.34 Billion by 2027 with the CAGR of 7.20% over the forecast period. 

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BRLL

BRLL has had a big week! On Monday the Company reported the opening of its research and technology center in Las Vegas, NV. The facility will strengthen Barrels’ green-energy product development and various collaborative technology efforts. Barrel recognizes the current deficiencies, as well as the massive potential, in the Lithium-ion battery supply chain as market and environmental forces propel the coming dominance of Zero-Emission vehicles with companies like Tesla, GM, Ford, Apple and others drive this vital technology. Despite their current market share, Electric Vehicles (EVs) are currently the fastest growing segment of the auto industry. 

The new center will be the focus for Barrel’s efforts into Lithium-Ion Battery metal recycling as well as potential battery development and direct metal ion extraction. Barrel intends to immerse itself into the key materials and technology that will underpin this decades coming surge in EV dominance. Additionally, a section of the center will be dedicated to developmental support and on-site innovative I.P. efforts as Barrel finalizes its discussions with a number of next-level software and related technology partnerships.   

On February 10 BRLL announced it has signed a Memorandum of Understanding to enter a partnership with Roshan Energy Technologies Pvt. Ltd located in Hyderabad, India, for Lithium Battery development and production in India and North America. As part of the venture, Barrel will become a majority stakeholder in Roshan allowing Barrel Energy the platform for expansion into the massive India market and into international markets. Roshan and Barrel plan on establishing a U.S. based manufacturing unit for key battery designs within Roshan’s line of Lithium products. 

A joint R&D division will be developed in conjunction with Barrels’ Nevada Tech Center as part of the partnership. Roshan’s Ashok Shukla, a professor emeritus with 40 years’ research experience of specialized batteries and over 350 published technical papers will lead the team with the aim of designing customized solutions for battery development, improvement, and recycling. As part of this transformative deal, Roshan and Barrel will first establish a Lithium Battery Manufacturing facility in India. Plans for the facility with a three phase roll out of powerful products has been in development by Roshan’s CEO and engineering team leader, Mr. S.A. Gaffoor. Mr. Gaffoor, a veteran electrical Engineer and entrepreneur, has over 25 years in designing and developing industrial battery products and holds 10 patents for advanced battery technologies.   

India is a nation on the forefront of innovation and technology and represents one of the largest markets for Electric Vehicles (EVs) worldwide with plans to become an all-EV nation by 2030. Roshan has already developed strong partnerships in China with deals with Guangzhou Great Power Energy & Technology Co (http://www.greatpower.net) and Suzhou Chilwee New Energy Power Technology Co. (http://www.sz-cpet.com/en/) and has a impressive line of Lithium Battery products for EVs, Medical Equipment, Solar street lighting, the telecom industry as well as medium and large energy storage. 

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BRLL is making a spectacular run up the charts since we reported on the stock several weeks back when the stock was well under a dime. Since than BRLL has exploded upwards to recent highs of $0.85 per share transforming into a volume leader in small caps trading $40 million plus on Thursday alone and attracting legions of new shareholders who continue to bid the stock higher. Microcapdaily noted on BRLL before it took off that the stock had a tight share structure with just 291 million shares outstanding and AS capped at 450 million.  There is a lot to get excited about on BRLL; the Company just opened up its research and technology center in Las Vegas, NV situated on a roughly 30-acre property that is now zoned for industrial activities located in Nevada just 18.5 miles from the Tesla Gigafactory 1. The facility will strengthen Barrels’ green-energy and Electric Vehicles (EVs) product development and various collaborative technology efforts. Barrel recognizes the current deficiencies, as well as the massive potential, in the Lithium-ion battery supply chain as market and environmental forces propel the coming dominance of Zero-Emission vehicles with companies like Tesla, GM, Ford, Apple and others drive this vital technology. BRLL just signed an MOU for a partnership with Roshan Energy Technologies Pvt. Ltd located in Hyderabad, India, for Lithium Battery development and production in India and North America. As part of the venture, Barrel will become a majority stakeholder in Roshan allowing Barrel Energy the platform for expansion into the massive India market and into international markets. Roshan and Barrel plan on establishing a U.S. based manufacturing unit for key battery designs within Roshan’s line of Lithium products. India is at the forefront of innovation and technology and represents one of the largest markets for Electric Vehicles (EVs) worldwide with plans to become an all-EV nation by 2030. We will be updating on BRLL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BRLL.

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Disclosure: we hold no position in BRLL  either long or short and we have not been compensated for this article.

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