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Shares boosted as American Manganese extends share purchase warrants to December 2019

Published: 13:08 02 Aug 2018 EDT

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The diversified and critical metals company focuses on recycling lithium-ion electric vehicle batteries

American Manganese Inc. (CVE:AMY, OTCMKTS:AMYZF) announced this week that it has extended the exercise period of a total of 9.8mln outstanding share purchase warrants, all of which are exercisable at C$0.20 per share.

The warrants were issued pursuant to a private placement completed on September 2, 2016.

Shares of the diversified specialty and critical metal company were up 3.57% at C$0.15 on Thursday. 

READ: American Manganese appoints new chief technical officer; shares perk up

The company said the new expiration date of the warrants is December 31, 2019, but all other terms and conditions remain unchanged. 

The extension is subject to acceptance by the TSX Venture Exchange.

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