RecycLiCo Batter Stock Price, News & Analysis

American Manganese Inc. (TSXV:AMY, OTC PINK:AMYZF) has launched a project to advance its lithium-ion cathode recycling technology, RecycLiCo, with support from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The project, running from November 4, 2020, to March 31, 2021, aims to conduct a technical feasibility study on synthesizing cathode material precursors from recycled battery scrap. With a new specialized reactor, the company aims to produce high-value cathode products while enhancing its intellectual property and competitive edge in the recycling sector.

American Manganese Inc. (AMYZF) completed a third and final tranche of its non-brokered private placement, raising $213,770. This tranche consists of 1,068,850 units, each comprising one share and one warrant exercisable at $0.30 for two years. In total, over three tranches, the company raised $1,542,954 by issuing 7,714,770 units. Proceeds will fund the completion of the ReCycliCo^TM pilot plant, proposed spin-out of its gold/copper and rare earth properties, and general working capital. Closure is subject to TSX Venture Exchange acceptance.

American Manganese Inc. is set to showcase its RecycLiCo™ patented lithium-ion battery recycling process at the E-Waste World Virtual Summit on November 18-19, 2020. The company aims to lead in recycling cathode materials from battery manufacturing waste, with CTO Zarko Meseldzija presenting on November 19 at 5:05 pm CET. This international conference will feature over 100 experts discussing advanced recycling technologies and sustainable practices in electronics. American Manganese is committed to high-purity metal extraction with minimal processing.

American Manganese announces the closing of a second tranche of a non-brokered private placement, raising $572,333.60 through 2,861,668 units. Each unit consists of one common share and one common share purchase warrant, exercisable at $0.30 for two years. Total funds raised in the current private placement now amount to $1,329,184.05, with a gross target of $2,000,000. Finder's fees of $5,600 apply. The company, focused on lithium-ion battery recycling, aims to commercialize its patented RecycLiCo™ process for extracting cathode metals efficiently.

American Manganese Inc. has announced the recognition of the Wenden Manganese Stockpile in Arizona, supported by a recent grant from the United States Defense Logistics Agency. The grant is aimed at demonstrating the company’s ability to process Electrolytic Manganese Metal from the low-grade stockpile. Congressman Paul Gosar has emphasized the importance of establishing a processing facility at the site, which could end U.S. import-dependency on manganese and enhance national security by producing a reliable domestic source.

American Manganese Inc. (AMYZF) is extending the exercise period of 1,378,666 share purchase warrants at $0.25 each. Originally issued in a 2017 private placement, these warrants' expiration dates will now be extended by another year: to November 1, 2021, for those from the first tranche and to December 1, 2021, for the second tranche. The extension is pending acceptance by the TSX Venture Exchange. All other terms of the warrants remain unchanged, and the company emphasizes the uncertainty in forward-looking statements.

American Manganese Inc. (AMYZF) will participate in the Canadian Secondary Battery R&D Mission to South Korea from October 20-24, 2020.

This initiative, led by Global Affairs Canada, aims to connect Canadian firms with Korean organizations for potential R&D collaborations. Highlights include tailored business meetings and a virtual presentation at the Canadian Secondary Battery Networking Forum on October 21.

South Korea is a leader in battery technology, with significant investments from firms like LG Chem and Samsung SDI. The mission seeks to enhance industrial partnerships and future commercialization opportunities.

American Manganese Inc. (OTC PINK:AMYZF) reports achieving a 92% extraction rate of lithium, nickel, and cobalt from NCA cathode scrap via its pilot plant. This was confirmed through continuous operation of the RecycLiCo™ leach stage, with a peak extraction of 99.5% noted during batch operations. The company has also optimized its pre-leach process, enhancing capacity by 356% to 292kg/day. Future stages include producing recycled products that meet specifications for battery manufacturers.

American Manganese Inc. has successfully closed the first tranche of a non-brokered private placement, generating $756,850.45 from the issuance of 3,784,252 units. Each unit comprises one common share and a purchase warrant, exercisable at $0.30 for two years. Insiders acquired 60,000 units, and finder’s fees totaled $35,817.05. The private placement aims to raise up to $2,000,000. American Manganese focuses on recycling lithium-ion batteries with its RecycLiCo™ Patented Process, aiming to lead in extracting critical metals with minimal processing.