Mr. Larry Reaugh reports

FUNDAMENTAL RESEARCH CORP. PUBLISHES THEIR IP RESEARCH REPORT AND RECOMMENDATION ON AMERICAN MANGANESE INC.'S LIB RECYCLING OPPORTUNITY

Fundamental Research Corp. (FRC), a Vancouver-based investment research company engaged by American Manganese Inc., has initiated coverage of American Manganese with its first research report released April 12, 2018.

FRC has given American Manganese a buy rating.

FRC's research report on American Manganese was written and produced by senior analyst Siddharth Rajeev, BTech (electronics engineering), MBA (finance), CFA, vice-president and head of research. FRC's research department has covered over 300 small- and microcap companies, as well as 150 exempt market/private issues from a broad array of industries, including energy, mining, real estate and technology. Mr. Rajeev regularly provides media commentary on the valuation of small-cap stocks and industries he covers. He also manages the FRC list of top picks, which are the stocks under FRC's coverage which he has the highest conviction level about. These picks have historically helped FRC to a high rating in various third party analyst performance rankings. Mr. Rajeev is also the co-author of two on-line courses, including the very successful "evaluation of junior mining companies for investment purposes" course, which is in demand at investment conferences across North America.

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 an 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).

We seek Safe Harbor.