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or Name
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American Manganese Inc
Symbol AMY
Shares Issued 114,525,880
Close 2016-03-30 C$ 0.015
Market Cap C$ 1,717,888
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ORIGINAL: American Manganese applies for grants in U.S., Canada

2016-03-31 09:21 ET - News Release

Received by email:

File: AMY  Press Release  Mar16 - Final.docx

American Manganese Inc. Focus on Lithium supply from Lithium Ion Battery Recycling Opportunity 
March 31, 2016 - Vancouver, BC

Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. ("American Manganese" or "AMI" or th
--->e "Company"), (TSX.V:  AMY; Pink Sheets:  AMYZF; Frankfurt:  2AM), is pleased to announce the Company has submitted ap
--->plications for government scientific research grants both in the United States and Canada to extend its patented techn
--->ology for producing electrolytic products from low grade manganese resources located in the US Southwest by proof of c
--->oncept testing for recycling and for upcycling lithium ion electric vehicle (EV) batteries.

Mr. Norman Chow, President of Kemetco Research Inc., says:  "There is currently no known commercial technology for lar
--->ge scale recycling of cathode materials of multiple chemistries.  Spent cathode materials represent an ideal resource 
--->material to be processed with American Manganese's proprietary hydrometallurgical process."  Independent third party e
--->xamination of the process chemistry concurred that it should be technically viable.

Currently the lithium demand for electric vehicle battery cathode materials is outstripping available supply.  The pri
--->ce of the lithium carbonate feedstock in North America is currently about US $6400/tonne.  Recently reported Chinese s
--->pot prices have been up to triple this amount.

One factor driving demand is that first generation EV batteries are reaching the end of their life cycle.  A Recycling
---> International article dated January 12, 2016 by Kristen Linnenkoper, titled "EDV Batteries Present Big Recycling Oppo
--->rtunity", reports that 276,000 electric drive vehicle (EDV) batteries expired or left service by the end of 2015.  It 
--->estimates that this number will increase to 358,000 by 2020 and 849,000 by 2025.  These spent batteries are a growing 
--->feedstock for recycling and upcycling efforts.

The Belfer Center for Science and International Affairs reports that China has set ambitious targets for domestic elec
--->tric vehicle development and deployment:  The target is to have 5 million electric vehicles on the road by 2020.  Chin
--->a's leaders want to "leapfrog" the advanced automotive industries of other countries and seize the growing "new energy
---> vehicle" market.  This goal is complimented by a recent government policy initiative that identifies car manufacturer
--->s as the "responsible body" for recycling.  The legislation aims to provide guidance to the relevant enterprises to ca
--->rry out electric vehicle power battery production and recycling, and will form the basis of a new recycling system for
---> upstream and downstream firms in the sector.

Successful application of the AMI Patented Process could result in the following benefits:

Reducing the demand for new cathode materials, notably lithium and cobalt.
Providing a source of lower cost recycled/upcycled cathode materials, potentially generating higher profit margins for
---> battery manufacturers.
Improving battery safety, as hydrometallurgical processing eliminates product crushing and grinding potentially loweri
--->ng processing costs, while generating products with less extraneous metal contamination thereby lowering the chances o
--->f battery explosions or fires due to thermal run-away.
Providing significant environmental benefits including, but not limited to:
Substantial reduction of landfill waste,
Reduction of energy consumption and emissions of CO2 and other pollutants, and
Reduced consumption of critical and strategic metals.
The AMI process offers other potential advantages:
A hydrometallurgical process that is easily scalable.
The potential to recycle all lithium and base metal matrix compounds.
A process applicable to multiple lithium ion battery chemistries including Lithium Cobalt (LiCoO2), Lithium Aluminum C
--->obalt, Lithium Nickel Manganese Cobalt (LiNixMnyCozO2), and Lithium Manganese (LiMn2O4).
The ability to tailor treatment processes to precipitate cathode materials with tailored structures and chemistries fo
--->r improved battery performance.
Subject to securing adequate funding, the Company intends to partner with Kemetco Research Inc. to demonstrate on a be
--->nch scale that the conceptual process can successfully treat spent lithium ion battery cathode materials, producing re
--->juvenated materials suitable for re-use in new lithium ion batteries.  The proposed testing program would be carried o
--->ut at Kemetco Research Inc.'s laboratory located in Richmond, BC.  

Funding

American Manganese Inc. is currently in discussion for the potential licensing of its process to interested parties in
---> other countries. 

Concurrently, the Company is also actively exploring many other potential sources of funds for this work, including:  
--->A strategic alliance with an established company in the lithium ion battery, electric vehicle, or materials recycling 
--->businesses; a joint venture with a funding group; and sale of a royalty on future use of the AMI patented process.
Options
The Company has granted 9,000,000 incentive stock options pursuant to its Stock Option Plan for its directors, officer
--->s, advisors, and consultants.  The options are exercisable at a price of $0.05 per share for a five-year term.
Any shares issued on the exercise of these stock options will be subject to a four-month holding period from the date 
--->of the grant.  This stock option grant is subject to approval by the TSX venture Exchange.
About American Manganese Inc.
American Manganese Inc. 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.
About Kemetco Research Inc.
Kemetco Research Inc. is a privately owned contract research and development company specializing in extractive metall
--->urgy, chemical processing and specialty chemical analysis.  It was formed after the acquisition of the industrial proc
--->ess division of B.C. Research, which had been in operation for over 60 years as a research and development contractor 
--->in British Columbia.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh President and Chief Executive Officer
Information Contacts:
Larry W. Reaugh President and Chief Executive Officer Telephone:  778 574 4444; Email: lreaugh@amymn.com
www.americanmanganeseinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  This news release may cont
--->ain "forward-looking statements", which are statements about the future based on current expectations or beliefs.  For
---> this purpose, statements of historical fact may be deemed to be forward-looking statements.  Forward -looking stateme
--->nts by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to 
--->be accurate or true.  Investors should not place undue reliance on forward-looking statements.  The Company does not u
--->ndertake any obligation to update forward-looking statements except as required by law.




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