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American Manganese Inc. to Seek Name Change to RecycLiCo Battery Materials Inc.

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American Manganese Inc. (OTCQB:AMYZF) plans to change its name to RecycLiCo Battery Materials Inc. during the upcoming annual meeting on July 8, 2022. This change reflects the company’s dedication to its patented RecycLiCo process, which focuses on recycling lithium-ion battery materials. The firm aims to recycle and upcycle battery waste with over 99% extraction efficiency of lithium, cobalt, nickel, and manganese, producing high-value materials for new batteries. The stock symbol will remain as AMY.

Positive
  • Name change to RecycLiCo Battery Materials Inc. aligns with company's focus on battery recycling.
  • The RecycLiCo process achieves over 99% extraction efficiency of key metals.
Negative
  • None.

SURREY, BC / ACCESSWIRE / June 28, 2022 / American Manganese Inc. ("AMY" or the "Company") (TSX.V:AMY)(OTCQB:AMYZF)(FSE:2A) a pioneer in advanced and environmentally friendly lithium-ion battery cathode recycling-upcycling, is pleased to announce it intends to change its name to RecycLiCo Battery Materials Inc. at its upcoming annual general and special meeting of shareholders (the "Meeting") on July 8, 2022.

"Over the last five years, we have pioneered the development of li-ion battery recycling-upcycling of cathode materials through our RecycLiCoTM patented process. To reflect the work we have achieved, we decided on a name change that better represents the company's focus on our RecycLiCoTM process," said Larry Reaugh, President, and CEO of American Manganese Inc.

The Company will continue to trade under the stock symbol "AMY" despite the name change. Further details about the name change and other Meeting business can be found in the information circular under the Company's profile on www.sedar.com.

The Company's updated corporate presentation can be found on its website, www.recyclico.com.

About RecycLiCo Battery Materials

RecycLiCo Battery Materials Inc. is a critical metals company focused on recycling and upcycling lithium-ion battery waste into high-value battery cathode materials, using its closed-loop RecycLiCo™ process. With minimal processing steps and over 99% extraction of lithium, cobalt, nickel, and manganese, the upcycling process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.

On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444

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. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

SOURCE: American Manganese Inc.



View source version on accesswire.com:
https://www.accesswire.com/706812/American-Manganese-Inc-to-Seek-Name-Change-to-RecycLiCo-Battery-Materials-Inc

FAQ

What is the new name of American Manganese Inc.?

American Manganese Inc. will change its name to RecycLiCo Battery Materials Inc.

When is the name change for AMYZF effective?

The name change is set to be effective at the annual meeting on July 8, 2022.

Will the stock symbol change after the rebranding of AMYZF?

No, the stock will continue to trade under the symbol AMY despite the name change.

What is the focus of RecycLiCo Battery Materials Inc.?

RecycLiCo Battery Materials Inc. focuses on recycling and upcycling lithium-ion battery waste into high-value cathode materials.

RECYCLICO BATTERY MATLS

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