Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or “AMI” or “the Company) (TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM), is pleased to announce that the Company has entered into a Non-Disclosure Agreement (NDA) with the Critical Materials Institute, operated by the Ames Laboratory, a U.S. Department of Energy National Laboratory.
The agreement allows both parties to exchange certain confidential and proprietary information with each other for the sole purpose of evaluating a possible business transaction and possible research agreements in the area of manganese and recycled lithium-ion batteries.
American Manganese currently holds patents in the U.S., China and South Africa for its proprietary process to recover high-purity manganese metals from low-grade resources.
About the Critical Materials Institute and Ames Laboratory
The Critical Materials Institute is a Department of Energy Innovation Hub led by the U.S. Department of Energy’s Ames Laboratory. CMI seeks ways to eliminate and reduce reliance on rare-earth metals and other materials critical to the success of clean energy technologies.
Ames Laboratory is a U.S. Department of Energy Office of Science national laboratory operated by Iowa State University. Ames Laboratory creates innovative materials, technologies and energy solutions. We use our expertise, unique capabilities and interdisciplinary collaborations to solve global problems.
About American Manganese Inc.
American Manganese Inc. is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer