Mr. Larry Reaugh reports

AMERICAN MANGANESE INC. RELEASES COMPANY LIB RECYCLING BUSINESS PLAN/PROFORMA ON POTENTIAL REVENUE FROM 3 TPD PLANT

American Manganese Inc. has posted its business plan on its website. The following are the highlights contained in the business plan:

1. Executive summary;
2. Business overview;
3. Strategy;
4. Operating plan;
5. Financial plan;
6. Market analysis and competition.

Kemetco Research Inc.'s continuing bench scale and IP work is meeting expectations and on completion will allow the company to move forward on design work for a commercial demonstration plant.

Larry Reaugh, president and chief executive officer, says: "The demonstration plant would process battery cathode scrap materials at a nominal rate of three tonnes per day. Management's engineering and financial analysis indicates a very economically robust project even at this small scale."

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 as well as 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 the industry leader in recycling spent electric vehicle lithium-ion batteries and recovering 100 per cent of the cathode metals such as: lithium-cobalt, lithium-cobalt-nickel-manganese, lithium-cobalt-aluminum and lithium-manganese.

We seek Safe Harbor.