Nano One and Euro Manganese Validate Manganese Metal with M2CAM Process, Canadian Business Journal

VANCOUVER, British Columbia, September 27, 2022 (GLOBE NEWSWIRE) — nano one^® Materials Co., Ltd. (TSX: NANO; OTC: NNOMF; Frankfurt: LBMB) (“Nano One”)

VANCOUVER, British Columbia, September 27, 2022 (GLOBE NEWSWIRE) — Euro Manganese Co., Ltd. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (“Euromanganese”)

highlight:

• The two companies have jointly demonstrated a cathode material made directly from electrolytic manganese metal sourced from euromanganese using Nano One’s one-pot process.
• Euro Manganese has produced EV grade high purity electrolytic manganese metal (“HPEMM”) from a pilot plant using feedstock from the Chvaletice manganese project in the Czech Republic.
• Nano One’s patented One-Pot process allows cathode materials to be made directly from metal (“M2CAM^®”) with lithium carbonate to reduce complexity, cost and environmental footprint.
• This result is consistent with demand for automotive batteries in Europe and North America for key sustainably sourced minerals and a differentiated green supply chain.

nano one^® Euro Manganese is a clean technology company with a patented process for the low cost, low environmental impact production of high performance cathode materials used in lithium ion batteries. Euro Manganese is a battery materials company developing large manganese deposits in the Czech Republic. Both companies are pleased to announce progress under the joint development agreement.

Both companies have identified the economically viable and environmentally sustainable development of high-purity electrolytic manganese metal (“HPEMM”) as one of several inputs for the production of cathode active materials used in lithium-ion batteries. jointly develop applications. In this first milestone, a pilot plant from Euro Manganese’s Chvaletice Manganese Project, his sample was successfully validated as feedstock for Nano One’s patented One-Pot and M2CAM cathode manufacturing technology. This avoids the additional cost, complexity and environmental footprint of using metal sulfates in cathode manufacturing.

“We are demonstrating the production of cathode materials made directly from high-purity metals.” Nano One CEO Dan Blondal said:“And I’m happy to announce that we’ve done it with electrolysis. Manganese metal from euromanganese. This strategy eliminates capital and environmentally intensive chemical conversion steps, eliminates large amounts of wasteful by-products, and ensures battery supply from safe, readily available sources of critical minerals, consistent with North American and European legislation. Fast track down the chain. NanoOne has ambitious plans to participate in the battery-driven transformation of mobility and renewable energy storage, and we are pleased to be paving the way with Euromanganese. ”

Dr. Matthew James, CEO of Euro Manganese, said: “At a time when demand for high-purity manganese products is growing rapidly, we are excited to work with Nano One to develop a way to use our manganese metal in a breakthrough process for manufacturing cathode active materials. With the flexibility to produce both high-purity manganese metal products and high-purity manganese sulphate products, the Euro Manganese production process will meet demand from this significant cost and environmentally beneficial process developed by Nano One. Euro Manganese is poised to become a major producer of environmentally friendly high-purity battery-grade manganese products, with the goal of commissioning a large-scale demonstration plant at the Chvaletice site in Q4 2022. We also look forward to our manganese and Nano One cathode materials being an integral part of the global battery supply chain, helping to create a cleaner world by enabling the transition to green energy. To do.”

About nano one:

nano one^® Materials Corp (Nano One) is a clean technology company with a patented, scalable, low carbon intensity industrial process for low cost manufacturing of high performance lithium ion battery cathode materials. The technology can be applied to electric vehicles, energy storage, consumer electronics and next-generation batteries as we drive a zero-emission future globally. Nano One’s One-Pot process, its coated nanocrystalline material, and its metal-to-cathode active material (M2CAM)^®) technology addresses basic performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs, the current Scaling of Advanced Battery Materials Project being supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of British Columbia. I’m here. For more information, please visit www.nanoone.ca.

How to make battery materials that change the world

About Euromanganese:

Euro Manganese Inc. is a battery materials company focused on becoming a leading, competitive and green manufacturer of high-purity manganese for the electric vehicle industry and other high-tech applications. Euromanganese is developing his Chvaletice manganese project in the Czech Republic. This is an opportunity for valuable recycling and restoration from your own waste, including reprocessing old tailings from decommissioned mines. The Chvaletice project is the only source of manganese in the European Union and is strategically positioned to provide critical raw materials to the battery supply chain to support the global transition to a circular low carbon economy. . For more information, please visit www.mn25.ca.

This announcement has been approved for release by the CEOs of Euro Manganese and Nano One.

nano one contact:
Paul Geddes
[email protected]
+1 (604) 420-2041
address: 101B – 8575 Government Street, Burnaby, British Columbia, Canada, V3N 4V1
Euro Manganese Co., Ltd. Contact:
Dr. Matthew James	Louise Burgess
President and CEO	Senior Director of Communications
+44 (0)747 229 6688	+1 (604)-312-7546
	[email protected]
address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8

Forward-Looking Information

Certain information contained herein may constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities regulations. All statements other than statements of historical fact are forward-looking statements. Forward-looking information in this news release includes, but is not limited to, statements regarding the following:Technology, Patents and Statements Regarding the continued development of Euromanganese’s proposed Chvaletice manganese project; Euromanganese’s ability to manufacture the specific high-purity manganese products required by NanoOne. Anticipated demand for high purity manganese.When statement Regarding the Companies’ Ability to Jointly Develop Applications for High-Purity Manganese in Cathode Materials. In general, forward-looking information is defined as “believes,” “expects,” “forecasts,” “plans,” “intends,” “continues,” “estimates,” “may,” ” It can be identified using terms such as “scheduled”. ‘, ‘should’, ‘ongoing’, goal’, ‘goal’, ‘possibility’, or any variation of a word or phrase or statement that a particular action, event or outcome will ‘occur’. Forward-looking statements are based on the current opinions and estimates of the management of both companies as of the date such statements are made. Future results or events are not and cannot be guaranteed. Company management has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements or information contained in the forward-looking statements; Or there may be other factors that cause it to differ from what was intended. There can be no assurance that such statements will prove to be accurate, as actual results or future events could differ materially from those anticipated in such statements. Forward-looking statements involve a number of known and unknown risks, assumptions and uncertainties, and actual results, levels of corporate activity, performance or achievements that may differ materially from those expressed or implied by such forward-looking statements. Includes other factors that may vary. statements or forward-looking information;Risks, assumptions and uncertainties include, but are not limited to: Nano One’s the completion of the pending acquisition of the Candiac facility in Quebec; the ability of both companies to meet stated targets; reduced demand for potential products of both companies; Risks related to overseas business, etc. Nano One MD&A and Annual Information Forms dated March 28, 2022 (both for the year ended December 31, 2021) and Euro Manganese December 2021 for the year ended September 30, 2021 Risk factors identified in the Annual Information Form dated 16th and described in the company’s most recent annual securities report available at www.sedar.com. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company undertakes no obligation to update any forward-looking statements or forward-looking information incorporated herein by reference, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

Neither the Toronto Stock Exchange, the TSX Venture Exchange, or their regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) nor ASX are responsible for the adequacy or accuracy of this release. .

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