RecycLiCo Battery Materials (“RecycLiCo Battery Materials” or the “Company”), (TSX.V: AMY; OTCQB: AMYZF), reports the results of its 2010 Annual General and Special Meeting. At the meeting all ordinary resolutions place before the meeting were passed. Shareholders re-elected Larry W. Reaugh, Andris Kikauka, Edward Lee, Paul Hildebrand and Anthony Santelli as directors of the Company for the ensuing year. DeVisser Gray, Chartered Accountants were reappointed as auditors of the Company and the proposed amendments to the Company’s existing Stock Option Plan were approved.
In addition, a resolution was passed at the meeting approving adoption of the Shareholders’ Rights Plan with respect to the Shareholders’ Rights Plan Agreement made between the Company and Computershare Investor Services Inc., as rights agent, dated December 2, 2010 (see press release dated December 8, 2010), subject to the final approval of the TSX Venture Exchange.
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese from its Arizona Manganese Project.
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.