American Manganese Appoints Director

Rhea-AI Summary

American Manganese Inc. (AMYZF) has appointed Dr. Paul Hildebrand as a director, bringing over 40 years of legal experience and a doctorate in economics. Dr. Hildebrand, previously a director from 2007 to 2013, has been granted 400,000 stock options at an exercise price of $0.80 per share, expiring in five years. CEO Larry Reaugh highlights Dr. Hildebrand's litigation expertise as valuable for the company. American Manganese focuses on recycling lithium-ion batteries through its RecycLiCo™ process, aiming for high extraction rates and environmental sustainability.

Positive

• Appointment of Dr. Paul Hildebrand brings extensive legal and economic expertise.
• Dr. Hildebrand's previous experience as a director may provide continuity.
• 400,000 stock options could align his interests with shareholder value.

Negative

• Concerns over the continuity of leadership with new appointments.

SURREY, BC / ACCESSWIRE / October 22, 2021 / American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("AMY" or the "Company") is pleased to announce that Dr. Paul Hildebrand, LlB., PhD., has been appointed a director of the Company. Dr. Hildebrand has been a practicing lawyer in British Columbia for over 40 years and has a doctorate in economics in addition to his law degree and Master of Science degree in mathematics. He was previously a director of AMY from 2007 to 2013.

The Company's board of directors has granted Dr. Hildebrand 400,000 stock options with an exercise price of $0.80 per share and expiring five years from today.

Larry Reaugh, CEO says Dr. Hildebrand has proven his abilities especially in the field of litigation and is a welcome addition to the Company.

About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo™ patented process. The RecycLiCo™ patented process was developed to offer a closed-loop and environmentally friendly solution for the recycling of cathode materials used in lithium-ion batteries. The recycling process provides high extraction and purity of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum. The RecycLiCo™ process was designed with the goal to produce recycled battery products that could be seamlessly and directly integrated into the re-manufacturing of battery cathodes using minimal processing steps.

On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Email: lreaugh@amymn.com

www.americanmanganeseinc.com
www.recyclico.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: American Manganese Inc

View source version on accesswire.com:
https://www.accesswire.com/669330/American-Manganese-Appoints-Director

FAQ

What is the significance of Dr. Paul Hildebrand's appointment at American Manganese Inc. (AMYZF)?

Dr. Paul Hildebrand's appointment as a director brings extensive legal and economic expertise to American Manganese, which may enhance the company's governance and strategic direction.

How many stock options were granted to Dr. Hildebrand by American Manganese Inc. (AMYZF)?

Dr. Hildebrand was granted 400,000 stock options with an exercise price of $0.80 per share.

What is the focus of American Manganese Inc. (AMYZF) in terms of its business operations?

American Manganese Inc. focuses on recycling lithium-ion batteries using its patented RecycLiCo™ process, aiming for high purity and environmentally friendly extraction of cathode metals.

What prior experience does Dr. Hildebrand have with American Manganese Inc. (AMYZF)?

Dr. Hildebrand was previously a director of American Manganese from 2007 to 2013.

What is the potential impact of Dr. Hildebrand's appointment on American Manganese Inc. (AMYZF)?

Dr. Hildebrand's legal expertise and past experience could contribute positively to the company's strategic decisions and enhance its operational framework.