18:06:40 EDT Thu 21 Jun 2018
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American Manganese Inc
Symbol C : AMY
Shares Issued 148,449,250
Close 2017-10-12 C$ 0.19
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American Mn adviser Upreti to lead NY gigafactory plan

2017-10-13 13:05 ET - News Release

Mr. Larry Reaugh reports

AMERICAN MANGANESE INC. ADVISORY BOARD MEMBER DR. SHAILESH UPRETI TO LEAD INITIATIVE OF NEW YORK GIGAFACTORY

Dr. Shailesh Upreti, an advisory board member of American Manganese Inc., will lead an initiative to establish a lithium-ion battery gigafactory in New York. This initiative to build a research, development and production facility at the Huron campus in Endicott, Broom county, was announced by New York Governor Andrew M. Cuomo on Oct. 4, 2017. Mr. Cuomo stated that Imperium3 New York Inc., a consortium of businesses spearheaded by three Southern Tier companies, will invest more than $130-million and create at least 230 new jobs over the next five years. Imperium3 New York will commercialize an innovative technology for making more efficient and less expensive lithium-ion batteries while operating the state's first gigafactory producing lithium-ion batteries, aiming to produce three gigawatts of batteries by Q4 2019 and eventually to 15 gigawatts.

Dr. Shailesh Upreti, president of C4V (Binghamton), will provide the core intellectual property and lead the initiative. Industry experts consider C4V's batteries to be more efficient and less costly than other lithium-ion batteries on the market today. In 2016, C4V was recognized for its innovative battery storage technology when it was named a $500,000 winner in New York State's first 76West Clean Energy Competition.

The company's board of directors, officers and other stellar members of the advisory board are all proud of Dr. Shailesh's accomplishments and consider him to be a valued member of the American Manganese team that is working hard toward moving the company's recycling opportunities through the patents and pilot plant testing.

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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