Mr. Larry Reaugh reports

AMERICAN MANGANESE DISCUSSES PLANS FOR 2018 AND REVIEWS 2017

American Manganese Inc. has described its goals for 2018 and reviewed the company's activities and accomplishments from 2017. The company will continue its aggressive research and development programs for its patent-pending recycling opportunity by building a one-kilogram/hour pilot plant utilizing lithium ion battery scraps as feedstock.

2018 (current price cobalt $77,000/tonne)

The company's goals for this year include:

• Kemetco to commence the bench-scale testwork for new intellectual properties to be patented and incorporated into the new pilot plant design and construction;
• Build a one kg/hour pilot plant, and procure battery scraps as feed stock for pilot plant testing;
• Investigate contracting a research/engineering study for developing an automated disassembly process for lithium ion batteries;
• Seeking a partner to finance the continuing work;
• Complete the necessary research for filing two to three additional patents which were recognized last year; additional patents to strengthen the company's IP position and create opportunities for recovering other valuable materials which the company aims to capitalize on;
• Complete a business plan which got under way in December, 2017.

2017 -- review

American Manganese has accomplished all its 2017 commitments on time and on budget. The company completed bench-scale tests resulting in recoveries of 100 per cent for all commonly used cathode metals, lithium, cobalt, nickel, aluminum and manganese. Cathode materials were recycled from commonly used battery chemistries including: lithium cobalt (LiCo), lithium nickel manganese cobalt (LiNMC), lithium nickel manganese aluminum (LNMA) and lithium manganese oxide (LMO). Kemetco successfully built a working prototype button cell rechargeable battery from recycled cathode materials for the above chemistries.

American Manganese has filed for a U.S. patent on Nov. 10, 2017, to protect its intellectual LIB battery recycling process.

Two thousand seventeen was a pivotal year for American Manganese's recycling opportunity where recognition of the potential viability of their process is being recognized within the lithium ion battery community.

American Manganese raised $1,193,000 during the year to carry out the above work. Since August of 2016 American Manganese's market capital has increased from about $2-million to about $40-million.

American Manganese received federal research funding from IRAP in early 2017.

During 2017 American Manganese's patent-pending recycling technology has received international exposure from international publications such as Bloomberg Financial, Thompson Reuters, and several national and international recycling publications. Also, the company was invited to present its process at NAATBatt battery recycling workshop in Ann Arbor, Mich., the Cobalt Conference in Marrakech, Morocco, and the 22nd International Congress Battery Recycling Conference in Lisbon, Portugal.

In December, Mr. Reaugh was invited by Bloomberg Financial to be a panellist on electric vehicle battery material and the electric vehicle supply chain and its inaugural "The Future of Mobility Summit" at the Four Seasons Hotel Silicon Valley in Palo Alto, Calif., Feb. 2, 2018.

On Dec. 28, 2017, the company entered into a joint venture agreement with the Australian miner Longford Resources. Longford may earn a 60-per-cent interest in the Rocher Deboule copper gold cobalt property by expending $2-million on exploration over four years. The company and shareholders will benefit from any significant discoveries Longford may make.

The company has added to the value of intellectual property while derisking its patent-pending process.

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 July 27, 2017, press release for further details).

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