Mr. Larry Reaugh reports
AMERICAN MANGANESE INC. CLOSES THIRD TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
American Manganese Inc. has closed the third and final tranche of the non-brokered private placement for $5,500 comprising 30,555 units of the company. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable for one share at a price of 25 cents per share for the two years following the issuance of the warrant. All securities issued under the private placement, including this third tranche, are subject to a four-month hold period.
The company has raise gross proceeds of $945,374.58 through this private placement.
About American Manganese Inc.
American Manganese 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, and recycling of spent electric vehicle lithium-ion rechargeable batteries.
We seek Safe Harbor.
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