Non-Brokered Private Placement
August
10, 2010 - Vancouver, British Columbia
American
Manganese Inc.
(�American Manganese� or the �Company�), (TSX.V: AMY; Pink Sheets:
AMYZF), is raising, by way of a non-brokered private placement, $412,231.32
through the issuance of 2,290,174 units (�Units�) at a price of $0.18 per
Unit. This private placement has been fully subscribed.
Each Unit is comprised of one common share in the capital of
the Company plus a two year share purchase warrant (the �Warrant�). Each
warrant entitles the holder to purchase one common share at a price of $0.25
for two years from the date of issue.
This private placement could be subject to finders� fees
which will be paid in accordance with the TSX Venture Exchange policies and is
subject to the approval of the regulatory authorities.
About American Manganese Inc.
American Manganese Inc. 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
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Information Contact
Larry W. Reaugh
President and Chief Executive Officer
Head Office: 2A 15782 Marine Drive, White Rock, B.C. V4B 1E6
Telephone: 604-531-9639 Facsimile: 604-531-9634
www.americanmanganeseinc.com
Cautionary Notice: The Reader is cautioned
that the full Cautionary Notice is not attached to this email. The reader
is requested to access the news release on the Company�s website at www.americanmanganeseinc.com
or at SEDAR at www.sedar.com
to read the full Cautionary Notice. The full Cautionary Notice is not attached
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the full Cautionary Notice.