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American Manganese Receives Funding for Further Research and Development

Investing News Network
May. 25, 2012 02:58PM PST
Battery Metals Investing

American Manganese Inc.(TSXV:AMY) announced that it has received funding for the development of lithium ion battery materials. The Company also announced the resignation of Anthony Santelli from its board.

American Manganese Inc.(TSXV:AMY) announced that it has received funding for the development of lithium ion battery materials. If the company research is successful, it will add a second source of revenue for American Manganese.

As quoted in the press release:

it will receive a new contribution agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). With this contribution agreement in place, the Company has retained Kemetco Research Inc. (“Kemetco”) of Richmond, BC to undertake research in the production of an improved lithium manganese dioxide.

Click here to read the American Manganese Inc. (TSXV:AMY) press release

See this press release on Marketwire
Click here to see the American Manganese Inc. (TSXV:AMY) profile

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