American Manganese Receives Additional Advisory Services and Funding to Advance Demonstration Plant Project
January 5, 2022 - Surrey, BC. American Manganese Inc. (“AMY” or the “Company”) (TSX.V: AMY | OTCQB: AMYZF| FSE: 2AM) is pleased to announce that it is receiving additional advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support its research and development project, entitled, ‘Demonstration of Continuous Recycling of Cathode Material from Lithium-ion Battery Production Scrap’, which started in August 2021. The amendment expands existing support American Manganese is receiving from NRC IRAP, as announced in the Company’s August 13, 2021 news release (https://americanmanganeseinc.com/american-manganese-receives-funding-to-advance-lithium-ion-battery-recycling-project-in-collaboration-with-italvolt/).
“We have made great progress to date, and we are extremely pleased to receive this additional funding from NRC IRAP to support the completion of our project activities and objectives,” said Larry Reaugh, President and CEO of American Manganese.
American Manganese 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
Email: [email protected]
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.
