Investment Proposition

American Manganese Inc. is a critical metal company focused on the recycling of lithium-ion batteries using their RecycLiCo™ Patented Process. The process offers a closed-loop and environmentally friendly hydrometallurgical solution for the recycling of cathode materials from spent lithium-ion batteries and battery manufacturing scrap. The Company achieves high recovery and purity of materials such as lithium, cobalt, nickel, manganese, and aluminum from cathode chemistries such as NCA (lithium nickel cobalt aluminum oxide), NMC (lithium nickel manganese cobalt oxide), LCO (lithium cobalt oxide), and LMO (lithium manganese oxide). The RecycLiCo™ patented process aims to produce materials as high-quality cathode precursor, that could be directly integrated into the re-manufacturing of battery cathodes using minimal processing steps.

• The Company holds patents in Canada, US, China and South Africa for production of electrolytic manganese metals from low-grade manganese deposits
• United States Patent and Trademark Office issued Patent No. 10,246,343 on April 2, 2019 for the Company’s lithium-ion battery recycling process and recovery of cathode materials
• United States Patent and Trademark Office issued Patent No. 10,308,523 on June 4, 2019 for recovery of graphite and carbon from ground battery concentrates, treatment of fluoride originating from electrolyte solution and separation of aluminum from cathode active material
• Filed National Phase Patent Applications for the company’s recycling process in China, Japan, South Korea, Europe, Australia, India, and Canada
• Publication in the peer-reviewed Journal of the Electrochemical Society – Experimental Study on Recycling of Spent Lithium-Ion Battery Cathode Materials

• Closed-loop and sustainable lithium-ion battery recycling process
• Low operating cost (estimated reagent consumption cost of $1/kg of cathode material processed)
• Low energy consumption and no high heat
• No landfill waste or toxic fumes
• High extraction and purity potential of lithium, nickel, cobalt, manganese, and aluminum

• Bloomberg New Energy Finance projects that electric vehicles will surpass internal combustion engine vehicle sales before 2040
• Benchmark Minerals Intelligence is tracking 181 Battery Manufacturing Megafactories with over 3,000 GWh of capacity expected in the coming decade
• Proposed phase out of internal combustion vehicles in multiple countries and cities
• New USMCA trade agreement are creating a requirement for advanced batteries to originate from North American for use in future U.S. electric vehicles

• U.S. Government published a Critical Minerals List, with 35 minerals and metals considered critical to the “national economy and national security” and cobalt, lithium, and manganese are included in the list
• Executive Order signed by the President of the United States, declaring a National Emergency to expand domestic mining industry for critical minerals