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Nature of the Business
12 Months Ended
Dec. 31, 2021
Nature of the Business [Abstract]  
Nature of the Business

Note 1 – Nature of the Business

 

BoxScore Brands, Inc. (formerly U-Vend Inc.) (the “Company”) is a US based Renewable Energy company focused on the extraction, refinement and distribution of technical minerals.

 

The Company formerly developed, marketed and distributed various self-serve electronic kiosks and mall/airport co-branded islands throughout North America. Due to the nationwide shutdown related to the COVID-19 pandemic, the Company spent a portion of 2020 restructuring and retiring certain corporate debt and obligations. The Company focused on implementing a new operational direction.

 

Through the corporate reorganization and repositioning process, the Company found itself with the unique opportunity to expand its management team and acquire mining claims that historically reported high levels of Lithium and other Tech Minerals. The Company hired and affiliated itself with industry veterans that bring decades of experience, credibility and relationships.

 

On November 5, 2021, the Company acquired the rights to 102 Federal Mining Claims located in San Juan County, Utah. The acquisition decision was driven by historical mineral data from seven (7) existing wells with brine aquifer access. The independent third-party Technical Report made clear that further investment and development in the claims were warranted. The Company has been executing on the necessary steps to prove the findings through the completion of NI-43-101 reporting standard.