The Prospector News

AMERICAN MANGANESE INC. CLOSES SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

AMERICAN MANGANESE INC. CLOSES SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

 

 

 

 

 

Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSX-V:AMY)  is pleased to announce that the company is closing a second tranche of the non-brokered private placement for up to 10,000,000 units of the Company at $0.15 per Unit.  Each Unit consists of one common share of the Company and one common share purchase warrant.  Each Warrant will be exercisable for one Share at a price of $0.20 per Share for the two years following the issuance of the Warrant.

   

 

The Company has raised gross proceeds of $131,750.10 in this second tranche of the private placement, and all securities issued under this second tranche are subject to a four-month hold period which expires on May 12, 2019. The private placement is subject to final acceptance by the TSX Venture Exchange; conditional acceptance was granted on December 3, 2018.

 

 

About American Manganese Inc.

 

 

American Manganese Inc. is a critical metal company with a patent approved process for the recovery of metals from lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum. Using a novel combination of reagents and unit operations, AMY can provide 100% extraction of cathode metals at battery grade purity. American Manganese Inc. aims to capitalize on its patent approved technology and proprietary know-how to become the industry leader in recycling spent electric vehicle lithium-ion batteries (Please see the Company’s December 14, 2018 Business Plan for further details).

 

Posted January 11, 2019

Share this news article

MORE or "UNCATEGORIZED"


JUGGERNAUT CLOSES FINANCING WITH CRESCAT CAPITAL AS LEAD INVESTOR FOR 19.97%

PLANS FOLLOW UP DRILLING ON EXTENSIVE HIGH-GRADE COPPER-GOLD TARG... READ MORE

May 13, 2024

KARORA REPORTS RECORD REVENUE AND STRONG CASH FLOW FOR Q1 2024

Karora Resources Inc. (TSX: KRR) announced financial and operatin... READ MORE

May 13, 2024

OceanaGold Completes IPO, Raises US$106M for the Sale of 20% Interest in OGPI

OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) is pleased to an... READ MORE

May 13, 2024

Drilling Continues to Expand Gold Resource at OKO

G2 Goldfields Inc. (TSX: GTWO) (OTCQX: GUYGF) is pleased to provi... READ MORE

May 13, 2024

CANTEX INTERSECTS UP TO 25.07% LEAD-ZINC WITH 72g/t SILVER AT ITS 100% OWNED NORTH RACKLA PROJECT, YUKON AND WILL COMMENCE DRILLING ITS COPPER PROJECT WHERE PREVIOUS DRILLING INTERSECTED 2.5m OF 3.93% COPPER

Cantex Mine Development Corp. (TSX-V: CD) (OTCQB: CTXDF) provides... READ MORE

May 13, 2024

Copyright 2024 The Prospector News