American Manganese Inc.’s President and CEO, Larry Reaugh Discusses Recent Company Updates with Everett Jolly on Uptick New...
23 August 2018 - 11:00PM
American Manganese Inc. (TSX-V:AMY) (OTC:AMYZF) (FSE:2AM), (the
“Company”) announced President and CEO, Larry Reaugh’s interview
with Everett Jolly, Host of Uptick Newswire’s “Stock Day” Podcast.
Jolly welcomed American Manganese Inc.’s President and CEO,
Larry Reaugh back to the show for an update on the Company since
last appearing in June 2018. Jolly said, “I tell you what.
They are just a step and a way of getting ready to blow it up!
Before we get started, you got a new Chief Technical Officer. Can
you bring us up to speed on that? Why him?”
Reaugh responded that they chose Zarko Meseldzija because he’s a
mining engineer, plus he did a tremendous job on the business plan.
He’s a very welcome member to the management team of the
Company.
Jolly wanted to know about some new pending technology and the
CEO responded that they have had interest from all over the world,
including invitations to various industry conferences. American
Manganese has been very well received and have met with some of the
biggest battery companies and commodity firms out there, together
with companies not even directly involved in the battery
industry.
Reaugh believes that once the patents have been granted, the
interest may result in some sort of partnership.
Reaugh also stated that the Company is in the process of
building a pilot plant, which he expects to be up and running this
fall. Then the Company can move to the 3-ton-a-day commercial
plant. “Believe it or not, that kicks off a lot of revenue.”
Jolly wanted to know when the Company’s revenues will balance
out. Reaugh is hopeful they can start reporting revenues by early
2020.
“Larry, what should my listeners take from this interview and
why should they go out and purchase your stock?”
“Okay, there’s a lot of talk of recycling lithium-ion batteries.
We’re the most advanced out there. We have a patent pending that
has been published already, so you can actually go onto our website
and see the press release regarding that and look at the published
patent. And we expect that the patent will be granted, like I said,
in two or three months. And we’re the leaders in
that. . .We cover up to 100% of the cathode metals out of
these batteries,” He anticipates with industry growth that the
battery business should be at least a 25-35 billion dollar
business by 2025.
American Manganese is entering a field ahead of the pack that
will put them in a position of being the largest recycler of
lithium-ion batteries out there.
In closing, Reaugh said that the Company is beginning to change
its focus and start attending more investor shows. They’re already
going to many battery industry shows.
Hopefully, by the time he comes back to this radio show around
the end of the year, he can provide listeners with more news on
both the pilot plant and patent.
For more information about the Company’s financial details,
listen to the full interview at the link below:
https://upticknewswire.com/featured-interview-ceo-larry-reaugh-of-american-manganese-inc-otcpink-amyzf-2/
About American
Manganese:American Manganese Inc. (AMY) is a critical
metals company with a patent pending hydrometallurgical process for
recovering up to 100% of cathode metals in lithium-ion batteries
such as cobalt, lithium, nickel, manganese and aluminum. By using a
novel combination of reagents and unit operations to provide high
extraction, high purity and minimum use of water, AMY’s lithium-ion
battery recycling process is robust, sustainable and
environmentally friendly.
Contact:American Manganese Inc.#2, 17942 - 55th
AvenueSurrey, BC V3S 6C8Canada(778)
574-4444info@amymn.comhttps://americanmanganeseinc.com/
Safe Harbor Act and Forward-Looking
Statements:This press release includes “forward-looking
statements” within the meaning of the safe harbor provisions of the
United States Private Securities Litigation Reform Act of 1995.
Actual results may differ from expectations and, consequently, you
should not rely on these forward-looking statements as predictions
of future events. Words such as “expect,” “estimate,” “project,”
“budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,”
“will,” “could,” “should,” “believes,” “predicts,” “potential,”
“continue,” and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements
involve significant risks and uncertainties that could cause the
actual results to differ materially from the expected results.
Additional information concerning these and other risk factors are
contained in the Company’s most recent filings with the Securities
and Exchange Commission. The Company cautions readers not to place
undue reliance upon any forward-looking statements, which speak
only as of the date made. The Company does not undertake or accept
any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements to reflect any change
in their expectations or any change in events, conditions or
circumstances on which any such statement is based, except as
required by law.
About Uptick Newswire and the “Stock Day”
Podcast:Founded in 2013, Uptick Newswire is the fastest
growing media outlet for Nano-Cap and Micro-Cap companies. It
educates investors while simultaneously working with penny stock
and OTC companies, providing transparency and clarification of
under-valued, under-sold Micro-Cap stocks of the market. Uptick
provides companies with customized solutions to their news
distribution in both national and international media outlets.
Uptick is the sole producer of its “Stock Day” Podcast, which is
the number one radio show of its kind in America. The Uptick
Network “Stock Day” Podcast is an extension of Uptick Newswire,
which recently launched its Video Interview Studio located in
Phoenix, Arizona.
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SOURCE:Uptick
Newswirehttps://upticknewswire.com/
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