American Manganese shares to start trading on the OTCQB Venture Market on Wednesday

American Manganese shares to start trading on the OTCQB Venture Market on Wednesday

Proactive Investors

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American Manganese Inc (CVE:AMY) (OTCQB:AMYZF) announced Tuesday that its shares will start trading on the OTCQB Venture Market on Wednesday, March 3. The Surrey, BC-based company’s shares will trade under the symbol ‘AMYZF’ in the US and continue to trade on the TSX Venture Exchange under its existing symbol ‘AMY’ and the Frankfurt Stock Exchange under its existing symbol ‘2AM’. The listing will help American Manganese, a critical metals company, focused on the recycling of lithium-ion batteries, broaden its investor base in the US and enhance liquidity for current shareholders, CEO Larry Reaugh said in a statement Tuesday. READ: American Manganese welcomes President Biden's executive order directing the strengthening of critical supply chains including EV batteries "American Manganese's OTCQB listing market provides a regulated platform that will enhance the visibility and trading capability of our company's common shares for both institutional and retail investors," Reaugh said. "We are confident that trading on the OTCQB will further enhance liquidity for our current shareholders and promote greater awareness of the company and its developing projects." The OTCQB is a venture market operated by the OTC Markets Group Inc and is designed for developing companies in the US and abroad. To qualify to list on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test and other financial conditions. American Manganese produces electrolytic manganese metal from low-grade US resources. The recycling process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high purity, with minimal processing steps. The firm aims to commercialize its RecycLiCo patented process and become an industry leader in recycling cathode materials from lithium-ion battery manufacturing waste. Contact Angela at angela@proactiveinvestors.com Follow her on Twitter @AHarmantas

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