Former Tesla Director for Central Europe Joins American Manganese Advisory Board
Jochen Rudat to Focus on European Business Opportunities for RecycLiCo
February 15, 2021 - Surrey, BC - American Manganese Inc. (“AMY” or the “Company”) (TSX.V: AMY | OTC US: AMYZF| FSE: 2AM) is pleased to announce that Jochen Rudat, a former Tesla Director for Central Europe, has been appointed to the Company’s Advisory Board.
Mr. Rudat has an illustrious background and reputation in the electric vehicle (EV) industry. He has spent 10 years working under Elon Musk, CEO of Tesla, where he helped launch Models S, 3, X and Roadster in Europe. Jochen was hired by Elon Musk to build a sales and marketing force in Europe that grew to nearly 300 employees during his tenure.
“We are delighted to welcome such an experienced member of the EV industry to the American Manganese team," said Larry Reaugh, President and CEO of American Manganese. "Jochen's expert industry insight will be an invaluable resource as we explore business development and strategic partnerships for RecycLiCo™ in Europe."
Before Tesla, Mr. Rudat worked for several prominent car manufacturers such as BMW, Kia and Porsche. Most recently, he served as Chief Sales Officer at Italian luxury carmaker Automobili Pininfarina to launch its electric hypercar, Battista. Moreover, Mr. Rudat is the founder of Electric Ventures, a consultancy service focused on investments in sustainable transport.
The Company has granted Mr. Rudat one million incentive stock options with an exercise term of five years and an exercise price of $1.99/share.
American Manganese Inc. is a critical metals company focused on recycling of lithium-ion batteries (RecycLiCo™) and the production of electrolytic manganese metal from low grade U.S. resources. The recycling process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCo™ patented process and become an industry leader in recycling cathode materials from lithium-ion battery manufacturing waste.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Email: [email protected]
Suite 2 – 17942 55 Avenue, Surrey, B.C. V3S 6C8 Canada
TSX.V: AMY | OTC US: AMYZF| FSE: 2AM
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.
