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RecycLiCo Battery Materials Announces Results of 2024 Annual General Meeting of Shareholders

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RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) held its 2024 Annual General Meeting of Shareholders on December 12, 2024. The company announced the election of five directors: Richard Sadowsky, Paul Hildebrand, Andris Kikauka, Rod Langtry, and Kurt Lageschulte. Additionally, De Visser Gray LLP was re-appointed as the company's auditor.

RecycLiCo specializes in sustainable lithium-ion battery recycling and materials production, utilizing patented hydrometallurgical processes that achieve up to 99% extraction of lithium, cobalt, nickel, and manganese. Their technology produces battery-grade cathode precursor, lithium hydroxide, and lithium carbonate for direct use in new lithium-ion battery manufacturing.

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Positive

  • Achieves up to 99% extraction efficiency for key battery materials
  • Produces battery-grade materials ready for direct reuse in manufacturing
  • Operates with minimal processing steps in a closed-loop system

Negative

  • None.

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SURREY, British Columbia, Dec. 18, 2024 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”) (TSX.V: AMY | OTCQB: AMYZF| FSE: ID4), a pioneer in the field of sustainable lithium-ion battery recycling technology, is pleased to announce the results of its 2024 Annual General Meeting of Shareholders held on December 12, 2024. The Company elected Richard Sadowsky, Paul Hildebrand, Andris Kikauka, Rod Langtry and Kurt Lageschulte to serve as directors until the next annual meeting of shareholders of the Company or until their successors are elected or appointed. In addition, the Company re-appointed De Visser Gray LLP to serve as the auditor of the Company until the close of the next annual meeting of shareholders of the Company.

About RecycLiCo

RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling 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 99% extraction of lithium, cobalt, nickel, and manganese, the patented, closed-loop hydrometallurgical process turns lithium-ion battery waste into battery-grade cathode precursor, lithium hydroxide, and lithium carbonate for direct integration into the re- manufacturing of new lithium-ion batteries.

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.


FAQ

What was the outcome of RecycLiCo's (AMYZF) 2024 Annual General Meeting?

At the December 12, 2024 AGM, shareholders elected five directors (Richard Sadowsky, Paul Hildebrand, Andris Kikauka, Rod Langtry, and Kurt Lageschulte) and re-appointed De Visser Gray LLP as auditor.

What extraction efficiency does RecycLiCo (AMYZF) achieve in its battery recycling process?

RecycLiCo achieves up to 99% extraction efficiency for lithium, cobalt, nickel, and manganese through its patented hydrometallurgical process.

What materials can RecycLiCo (AMYZF) produce from recycled batteries?

RecycLiCo produces battery-grade cathode precursor, lithium hydroxide, and lithium carbonate that can be directly used in new lithium-ion battery manufacturing.

Who are the newly elected board members of RecycLiCo (AMYZF) for 2024?

The newly elected board members are Richard Sadowsky, Paul Hildebrand, Andris Kikauka, Rod Langtry, and Kurt Lageschulte.