RECYCLICO BATTERY MATLS - AMYZF STOCK NEWS

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.

American Manganese Inc. (AMYZF) announced significant updates regarding its RecycLiCo demonstration plant, which targets upcycling lithium-ion battery waste. Since the project’s initiation in March 2021, a $2.7 million contract with Kemetco Research has facilitated progress in design and equipment acquisition, aiming for a processing capacity of 500 kg/day. The company successfully completed a $20 million private placement, enhancing its financial positioning. The demonstration plant is geared towards attracting collaboration with potential industry partners to advance commercial recycling capabilities.

American Manganese Inc. has successfully produced lithium sulfate with 99.99% purity using its patented RecycLiCo process. The bulk sample was dispatched to an international lithium producer to validate this achievement. The process allows for over 99% extraction efficiency from lithium-ion battery scrap, producing valuable materials for battery manufacturing. The company aims to meet the needs of the green lithium market as it emphasizes environmental benefits and the importance of upcycled lithium for battery production.

American Manganese Inc. has successfully completed a private placement with institutional investors, raising approximately C$20 million. This placement involves the issuance of up to 20 million common shares and warrants at a price of C$1.00 per share. Each warrant allows for the purchase of one common share at an exercise price of C$1.25, valid for three years. Proceeds from the placement are designated for working capital and corporate purposes. The offering complies with regulatory frameworks, excluding Canadian investors and adhering to U.S. securities law exemptions.

American Manganese Inc. has announced a private placement of common shares and warrants, aiming to raise approximately Cdn$20 million. The company plans to issue up to 20 million shares at Cdn$1.00 each, with warrants priced at Cdn$1.25 for purchase of additional shares within three years. The proceeds will be allocated for working capital and corporate purposes. The closing date is expected around October 4, 2021, pending regulatory approvals. The placement agent, A.G.P./Alliance Global Partners, will receive a 7% commission on proceeds and additional warrants.

American Manganese Inc. (AMYZF) has reported successful upcycling of lithium-ion battery black mass into NMC-811 cathode precursor using its RecycLiCo™ process. This follows earlier success with NMC-622. Lab tests confirmed over 99% leach extraction efficiency for key metals, demonstrating the process's flexibility and efficiency. The black mass was sourced from an electric vehicle manufacturer, underscoring the company's capability to meet the rising demand for next-generation battery materials. This advancement marks a step towards strengthening partnerships in the electric vehicle sector.

American Manganese Inc. (AMYZF) announces the resignation of Kurt Lageschulte as a director, effective immediately, while he joins the Advisory Board. Larry W. Reaugh, President and CEO, expressed gratitude for Lageschulte's five years of service and looks forward to his continued involvement. The company, based in Surrey, BC, focuses on recycling lithium-ion battery waste into valuable materials through its RecycLiCo™ process. This process boasts up to 99% extraction efficiency for lithium, cobalt, nickel, and manganese, enhancing the re-manufacturing of new batteries.

American Manganese Inc. has filed its final short form base shelf prospectus and an amended technical report for the Rocher Deboule mineral property. Following a review by the British Columbia Securities Commission, the amended report contains no material differences from the original published on October 25, 2020. Additionally, an amended annual information form for the year ended July 31, 2020, was submitted, incorporating the executive summary from the technical report, also showing no material changes.

American Manganese (OTCQB: AMYZF) announces its participation in two investor conferences in September 2021: the H.C. Wainwright 23rd Annual Global Investment Conference (Sept 13-15) and the AGP Virtual Energy Conference (Sept 21). The company is focused on upcycling lithium-ion battery waste into high-value cathode materials using its RecycLiCo™ process, which boasts up to 99% extraction efficiency. CEO Larry Reaugh highlighted progress in their projects and looks forward to sharing developments with investors.