RecycLiCo Batter Stock Price, News & Analysis

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.

American Manganese Inc. (AMYZF) has received Patent No. 6906060 from the Japanese Patent Office for its innovative RecycLiCo™ lithium-ion battery upcycling process. This patent complements existing patents in the U.S. and South Korea and supports the company's goal of commercializing its technology. The RecycLiCo™ process enables the extraction of up to 100% of key minerals such as cobalt and lithium, providing advantages over traditional methods. With patents filed in multiple countries, American Manganese aims to lead in battery recycling, serving the expanding electric vehicle market.

American Manganese Inc. has achieved a significant milestone by successfully producing Electrolytic Manganese Metal (EMM) in the final stages of the Wenden Stockpile Reclamation project, funded by the U.S. Defense Logistics Agency. The project aims to transform a 322,000 metric ton dormant manganese stockpile in Arizona into a vital domestic source of EMM, essential for the steel and lithium-ion battery industries. The company has conducted multiple bench-scale tests confirming its patented recovery process's viability, highlighting the potential for large-scale production. Manganese's critical status underscores its market significance.

American Manganese has successfully demonstrated a 99% leach extraction efficiency for critical battery materials, including lithium, nickel, cobalt, and manganese, through its patented RecycLiCo process. This achievement highlights the company's capability to upcycle lithium-ion battery black mass into high-value NMC-622 cathode precursor material, sourced from an electric vehicle manufacturer. The closed-loop process simplifies supply chains and positions American Manganese as a leader in sustainable battery recycling, promoting a circular economy in the battery industry.

American Manganese Inc. (AMYZF) announced funding from the National Research Council of Canada for a pilot project focused on recycling lithium-ion battery materials. This initiative, conducted in partnership with Italvolt, aims to enhance the efficiency and effectiveness of battery waste processing. Italvolt is developing a large-scale Gigafactory in Italy, further supporting the collaboration. The project aligns with global sustainability efforts in battery manufacturing, utilizing American Manganese's patented RecycLiCo™ technology to address lithium-ion battery waste.