PHOENIX, Aug. 23, 2018 (GLOBE NEWSWIRE) -- American Manganese Inc. (AMY.V) (AMYZF) (2AM.F), (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:
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 Avenue
Surrey, BC V3S 6C8
Canada
(778) 574-4444
info@amymn.com
https://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 Newswire
https://upticknewswire.com/
