American Manganese Inc., (formerly: Rocher Deboule Minerals Corp.) (TSX.V: AMY; OTCQB: AMYZF) (the “Company”) wishes to clarify its previous news release dated January 25, 2010.
The Company is raising by way of non-brokered private placement, up to $1,000,000 through the issuance of up to 5,000,000 units (“Units”) at a price of $0.20 per Unit. Each Unit is comprised of one common share of the Company (a “Share”) and one-half of a share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant entitles the holder to purchase one common share at a price of $0.30 for two years from the date of issue.
This private placement could be subject to finders’ fees which will be paid in accordance with the TSX Venture Exchange policies and is subject to the approval of the regulatory authorities.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer