Mr. Larry Reaugh reports

SUCCESSFUL LEACHING 100% NICKEL, MANGANESE, COBALT (NMC) AND LITHIUM USING AMERICAN MANGANESE INC.'S PATENT PENDING PROCESS FOR RECYCLING LITHIUM ELECTRIC VEHICLE BATTERIES

Kemetco Research Inc. has successfully extracted nickel, manganese, cobalt and lithium from an NMC cathode material chemistry using American Manganese Inc.'s proprietary hydrometallurgical process.

Seven leach tests were conducted with a range of conditions. Extractions of 100 per cent for nickel, manganese, cobalt and lithium were achieved from cathode powders used in lithium-ion batteries. The time required to extract these metals ranged from 30 to 120 minutes, depending on the leaching conditions.

"These results demonstrate the potential for AMI's proprietary hydrometallurgical process to recycle spent cathode materials from NMC chemistries," says Larry Reaugh, president and chief executive officer. "Precipitation test work is under way to determine recoveries of the individual metals. The test data from the successful leach will form part of the intellectual property for which AMI intends to protect for the recycling of high-value metals from lithium-ion battery cathode materials of multiple chemistries -- including, but not limited to: nickel, manganese, cobalt and lithium."

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.

Interest in the company's patented process has adjusted the focus of American Manganese toward the examination of applying its patented technology for other purposes and materials. American Manganese aims to capitalize on its patented technology and proprietary know-how to become and industry leader in the recycling of spent electric vehicle lithium-ion batteries having cathode chemistries such as: lithium-cobalt, lithium-cobalt-nickel-manganese and lithium-manganese (please see the company's Jan. 19, 2017, press release for further details).

We seek Safe Harbor.