RecycLiCo Battery Materials Engages Carmot Strategic Group and Penney Capital for Grants and Cooperative Funding Consultation
RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) has engaged Penney Capital and Carmot Strategic Group to assist in identifying and qualifying for government funding opportunities. The funding would support the company's critical mineral recovery activities in the U.S. and Canada, including research to enhance its current intellectual property and the continued exploitation of its upcycling technology.
Both advisory companies have a successful track record in securing federal grants for critical minerals development, from mining and processing to advanced materials manufacturing. They also have experience in developing innovative financial instruments for U.S. supply chain integration.
According to Interim CEO Richard Sadowsky, the company aims to explore new ways to leverage its recovery expertise while maintaining high-quality battery material upcycling services, with a focus on establishing relationships with government agencies to accelerate R&D and deployment.
RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) ha incaricato Penney Capital e Carmot Strategic Group di assistere nell'identificazione e qualificazione delle opportunità di finanziamento governativo. Il finanziamento supporterebbe le attività di recupero di minerali critici dell'azienda negli Stati Uniti e in Canada, inclusa la ricerca per migliorare la sua attuale proprietà intellettuale e l'ulteriore sfruttamento della sua tecnologia di upcycling.
Entrambe le società di consulenza hanno una solida esperienza nella sicurezza di sovvenzioni federali per lo sviluppo di minerali critici, dalla minerazione e lavorazione fino alla produzione di materiali avanzati. Hanno anche esperienza nello sviluppo di strumenti finanziari innovativi per l'integrazione della catena di approvvigionamento negli Stati Uniti.
Secondo il CEO ad interim Richard Sadowsky, l'azienda mira a esplorare nuovi modi per sfruttare la sua competenza nel recupero, mantenendo al contempo servizi di upcycling di materiali per batterie di alta qualità, con un focus sull'instaurare relazioni con le agenzie governative per accelerare la ricerca e lo sviluppo e l'implementazione.
RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) ha contratado a Penney Capital y Carmot Strategic Group para ayudar a identificar y calificar oportunidades de financiamiento gubernamental. El financiamiento apoyaría las actividades de recuperación de minerales críticos de la empresa en EE.UU. y Canadá, incluida la investigación para mejorar su propiedad intelectual actual y la continua explotación de su tecnología de reciclaje.
Ambas empresas asesoras tienen un historial exitoso en la obtención de subvenciones federales para el desarrollo de minerales críticos, desde la minería y el procesamiento hasta la fabricación de materiales avanzados. También tienen experiencia en el desarrollo de instrumentos financieros innovadores para la integración de la cadena de suministro en EE.UU.
Según el CEO interino Richard Sadowsky, la empresa tiene como objetivo explorar nuevas formas de aprovechar su experiencia en recuperación mientras mantiene servicios de reciclaje de materiales para baterías de alta calidad, con un enfoque en establecer relaciones con agencias gubernamentales para acelerar la I+D y la implementación.
RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF)는 Penney Capital과 Carmot Strategic Group에 정부 자금 기회를 식별하고 자격을 부여하는 데 도움을 요청했습니다. 이 자금은 미국과 캐나다에서 회사의 필수 광물 회수 활동을 지원하며, 현재의 지적 재산을 강화하고 업사이클링 기술의 지속적인 이용을 위한 연구를 포함합니다.
두 자문 회사는 광산 채굴 및 가공부터 첨단 재료 제조에 이르기까지 필수 광물 개발을 위한 연방 보조금을 확보한 성공적인 실적을 보유하고 있습니다. 또한, 미국 공급망 통합을 위한 혁신적인 금융 도구 개발 경험도 갖추고 있습니다.
임시 CEO Richard Sadowsky에 따르면, 회사는 고품질 배터리 재료 업사이클링 서비스를 유지하면서 회수 전문성을 활용할 수 있는 새로운 방법을 모색하는 것을 목표로 하며, R&D 및 배포를 가속화하기 위해 정부 기관과의 관계 구축에 중점을 두고 있습니다.
RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) a engagé Penney Capital et Carmot Strategic Group pour aider à identifier et qualifier les opportunités de financement gouvernemental. Ce financement soutiendrait les activités de récupération de minéraux critiques de l'entreprise aux États-Unis et au Canada, y compris la recherche pour améliorer sa propriété intellectuelle actuelle et l'exploitation continue de sa technologie d'upcycling.
Les deux sociétés de conseil ont un solide bilan dans l'obtention de subventions fédérales pour le développement de minéraux critiques, allant de l'extraction et du traitement à la fabrication de matériaux avancés. Elles ont également de l'expérience dans le développement d'instruments financiers innovants pour l'intégration de la chaîne d'approvisionnement aux États-Unis.
Selon le PDG intérimaire Richard Sadowsky, l'entreprise vise à explorer de nouvelles façons d'exploiter son expertise en récupération tout en maintenant des services d'upcycling de matériaux pour batteries de haute qualité, en mettant l'accent sur l'établissement de relations avec les agences gouvernementales pour accélérer la recherche et le développement ainsi que le déploiement.
RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) hat Penney Capital und Carmot Strategic Group beauftragt, bei der Identifizierung und Qualifizierung von Möglichkeiten für staatliche Fördermittel zu helfen. Die Finanzierung würde die Aktivitäten des Unternehmens zur Rückgewinnung kritischer Mineralien in den USA und Kanada unterstützen, einschließlich der Forschung zur Verbesserung des aktuellen geistigen Eigentums und der fortlaufenden Nutzung der Upcycling-Technologie.
Beide Beratungsgesellschaften verfügen über eine erfolgreiche Bilanz bei der Sicherung von Bundesfördermitteln für die Entwicklung kritischer Mineralien, von der Bergbau- und Verarbeitungsindustrie bis hin zur Herstellung fortschrittlicher Materialien. Zudem haben sie Erfahrung in der Entwicklung innovativer Finanzinstrumente zur Integration der US-Lieferkette.
Laut dem Interims-CEO Richard Sadowsky beabsichtigt das Unternehmen, neue Wege zu erkunden, um seine Rückgewinnungsexpertise zu nutzen und gleichzeitig hochwertige Upcycling-Dienstleistungen für Batteriematerialien aufrechtzuerhalten, wobei der Schwerpunkt auf dem Aufbau von Beziehungen zu Regierungsbehörden liegt, um Forschung und Entwicklung sowie die Umsetzung zu beschleunigen.
- Potential access to government funding for expansion and R&D
- Partnership with experienced grant-winning advisory firms
- Strategic focus on critical minerals recovery in US and Canada
- None.
SURREY, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”), (TSX.V: AMY | OTCQB: AMYZF| FSE: ID4), a pioneer in the field of lithium-ion battery recycling technology, is pleased to announce that it has engaged Penney Capital and Carmot Strategic Group, Inc. to assist in the company’s efforts to identify, and qualify for, government funding opportunities that could be used to further RecycLiCo’s critical mineral recovery activities in the U.S. and Canada, including research to enhance and find new applications for its current intellectual property and know-how and the continued exploitation of its upcycling technology.
Carmot Strategic and Penney Capital advisory companies have won multiple federal grants to develop domestic sources of Critical Minerals, from mining and processing to advanced materials manufacturing, as well as developing innovative financial instruments to integrate these materials into U.S. supply chains.
"We are very pleased to have Carmot Strategic and Penney Capital working with us," said Richard Sadowsky, RecycLiCo’s Interim Chief Executive Officer. "Critical mineral recovery and reuse are becoming increasingly important, especially in terms of national security. The RecycLiCo Board has mandated that we explore new ways to exploit our recovery expertise and, at the same time, continue to offer high-quality upcycling of battery materials. We hope, with Carmot and Penney’s assistance, to establish relationships with government agencies that will support increases in the pace of both R&D and deployment."
RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery upcycling and materials production. RecycLiCo has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. With minimal processing steps and up to
Founded in 2017 by President & CEO Clark Penney, Penney Capital excels at navigating, connecting, and expanding new development opportunities and large-investment infrastructure projects.
Prior to founding Penney Capital, Clark Penney began his career working on energy and defense committees with the U.S. Senate in Washington D.C. and with the president pro tempore. Later, he branched into the finance industry for over 10 years: co-founding Cypress Wealth Management, a private wealth management firm now with over
Today, Penney Capital's resume includes leading economic development with The State of Alaska, new development projects worth over
About Carmot Strategic Group
Established in 2008 by Daniel McGroarty, Carmot Strategic Group, Inc. is an issues management firm focused on Critical Mineral development, based in the Washington, D.C. area.
A recognized subject matter expert on Critical Minerals, Daniel McGroarty serves on the advisory boards of several companies developing U.S.-based Critical Mineral projects. He has testified on Critical Mineral issues before both U.S. Senate and House committees on energy and natural resources and served a term as Independent Advisory Board Member of the Critical Materials Institute, the Department of Energy’s Energy Innovation Hub. Prior to establishing his consulting practice, he served in senior positions in the U.S. Government, as special assistant at the White House and Presidential appointee at the Department of Defense.
For more information, please contact:
Teresa Piorun
Senior Corporate Secretary
Telephone: 778-574-4444
Email: InvestorServices@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.
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