20:45:14 EDT Fri 11 Jul 2025
Enter Symbol
or Name
USA
CA



Recyclico Battery Materials Inc
Symbol AMY
Shares Issued 262,994,127
Close 2025-01-27 C$ 0.07
Market Cap C$ 18,409,589
Recent Sedar Documents

Recyclico hires Penney, Carmot for grant consultation

2025-01-28 10:00 ET - News Release

Mr. Richard Sadowsky reports

RECYCLICO BATTERY MATERIALS ENGAGES CARMOT STRATEGIC GROUP AND PENNEY CAPITAL FOR GRANTS AND COOPERATIVE FUNDING CONSULTATION

Recyclico Battery Materials Inc. has engaged Penney Capital and Carmot Strategic Group Inc. to assist in the company's efforts to identify, and qualify for, government funding opportunities that could be used to further Recyclico's critical mineral recovery activities in the United States and Canada, including research to enhance and find new applications for its current intellectual property and know-how and the continued exploitation of its upcycling technology.

Carmot Strategic and Penney Capital advisory companies have won multiple federal grants to develop domestic sources of critical minerals from mining and processing to advanced materials manufacturing as well as developing innovative financial instruments to integrate these materials into U.S. supply chains.

"We are very pleased to have Carmot Strategic and Penney Capital working with us," said Richard Sadowsky, Recyclico's interim chief executive officer. "Critical mineral recovery and reuse are becoming increasingly important, especially in terms of national security. The Recyclico board has mandated that we explore new ways to exploit our recovery expertise and, at the same time, continue to offer high-quality upcycling of battery materials. We hope, with Carmot and Penney's assistance, to establish relationships with government agencies that will support increases in the pace of both R&D [research and development] and deployment."

About Recyclico Battery Materials Inc.

Recyclico Battery Materials is a battery materials company specializing in sustainable lithium-ion battery upcycling and materials production. Recyclico has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. With minimal processing steps and up-to-99-per-cent extraction of lithium, cobalt, nickel and manganese. Recyclico's hydrometallurgical process turns lithium-ion battery waste into battery-grade cathode precursor, lithium hydroxide and lithium carbonate for direct integration into the remanufacturing of new lithium-ion batteries.

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