RecycLiCo Batter Stock Price, News & Analysis

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.

American Manganese Inc. (AMYZF) has highlighted the US Government's recent Executive Order aimed at fortifying the domestic mining industry. This action, established by President Trump, seeks to reduce American reliance on foreign sources for critical minerals, particularly from China. The Department of the Interior will develop programs to fund mineral processing, streamlining permitting processes to boost job opportunities and enhance national security. American Manganese, with significant manganese resources at Artillery Peak, is positioned to contribute through its patented recycling technologies for lithium-ion batteries.

American Manganese Inc. (OTC PINK:AMYZF) is participating in National Drive Electric Week on October 2, 2020. The event promotes awareness of electric vehicles and includes discussions on battery recycling. Zarko Meseldzija, CTO of American Manganese, will present the RecycLiCo™ patented process, which focuses on recycling lithium-ion batteries effectively by extracting metals like lithium, cobalt, and nickel. This event marks the 10th anniversary of National Drive Electric Week, which has now incorporated online events to broaden participation.

American Manganese Inc. has amended the price of its non-brokered private placement from $0.24 to $0.20 per unit, with each unit comprising one common share and a warrant exercisable at $0.30 for two years. Proceeds from this placement are aimed at completing the pilot plant, spinning out gold/copper assets, and supporting working capital. All issued securities will have a four-month resale restriction, pending regulatory approval.

American Manganese Inc. (TSXV:AMY)(OTC PINK:AMYZF) announced its participation in the EV Battery Circularity Innovation Showcase, organized by Cleantech Group, on September 22-23, 2020. Zarko Meseldzija, the company’s CTO, will discuss ‘A Circular Economy for EV Batteries’ during this event aimed at fostering collaboration among investors and innovators. American Manganese focuses on recycling lithium-ion batteries through its RecycLiCo™ Patented Process, efficiently extracting critical metals like lithium and cobalt with high purity, contributing to sustainability in the EV sector.

American Manganese Inc. (AMYZF) is reassessing its Artillery Peak low-grade manganese project following renewed interest in manganese, highlighted during Tesla's Battery Day. The company plans to revisit a 2012 Pre-Feasibility Study for Electrolytic Manganese Metal (EMM) production. Notably, the production of Electrolytic Manganese Dioxide (EMD) is less cost-intensive and occupies a reduced footprint. The patented closed-loop process with dry tailings enhances sustainability. American Manganese focuses on recycling lithium-ion batteries through its RecycLiCo™ patented process, aiming to lead in this critical sector.

American Manganese Inc. announces a non-brokered private placement aiming for gross proceeds of $2,000,000 through a unit offering priced at $0.24 per unit. Each unit comprises one common share and one purchase warrant, exercisable at $0.30 for two years. Proceeds will primarily fund the completion of their pilot plant, the spin-out of gold/copper assets, and general working capital. The offering is subject to regulatory approval and resale restrictions for four months.

American Manganese Inc. (AMYZF) announced a significant 356% increase in its pilot plant's pre-leach processing capacity, boosting it from 160 kg/day to 292 kg/day for lithium-ion battery cathode scrap material. This enhancement, realized through optimized engineering and specialized equipment, marks a crucial step for the company's RecycLiCo™ Patented Process. The pilot plant aims to maximize recycling potential, tapping into a market where a 10% scrap rate could recycle substantial quantities of lithium and other metals by 2025. American Manganese continues to position itself as a leader in critical metals recycling.