RecycLiCo Battery Materials (“AMY” or the “Company”), a pioneer in advanced lithium-ion battery cathode recycling, is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”). DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. RecycLiCo Battery Materials currently trades on the OTCQB under the ticker symbol “AMYZF”.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing the Company’s common shares to be traded over a much wider selection of brokerage firms.
“DTC eligibility is an important step in the maturity of AMY and our ongoing efforts to present the Company to a broader audience of potential investors,” said Larry Reaugh CEO and President of RecycLiCo Battery Materials. “With greater accessibility and visibility of AMY’s common shares, existing and new shareholders are provided with further opportunities to invest in our planned growth.”
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo™ patented process. The RecycLiCo™ patented process was developed to offer a closed-loop and environmentally friendly solution for the recycling of cathode materials used in lithium-ion batteries. The recycling process provides high extraction and purity of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum. The RecycLiCo™ patented process was designed with the goal to produce recycled battery products that could be seamlessly and directly integrated into the re-manufacturing of battery cathodes using minimal processing steps.
On behalf of Management
RecycLiCo Battery Materials
Larry W. Reaugh
President and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.