Aqua Metals Nominates New Board Member Mark Stevenson
December 01 2016 - 8:00AM
Aqua Metals (NASDAQ:AQMS) today announced that Mark Stevenson has
been nominated to join its board. Mark is a seasoned industry
veteran who can bring a wealth of experience to the Company. He has
worked throughout the industry, from lead mining to energy storage
to lead-acid battery recycling. Mark is expected to be able to
provide invaluable insight to the Aqua Metals executive team on
industry concerns and trends.
“Aqua Metals is doing something truly unique here,” said Mark.
“The industry has long been looking for ways to improve
sustainability. This is becoming an especially pressing issue as
more energy storage comes online. We are looking at an exciting
future for lead-acid battery use, and I believe Aqua Metals is
poised to make it an economically and environmentally sustainable
one.”
Mark is currently the technical director at Global Lead
Technologies and non-executive director at Metallic Waste
Solutions. He is also the chairman of Asia Battery Conference and
the International Secondary Lead Conference. Mark has been a strong
industry leader throughout his lifelong career in the battery
recycling and manufacturing industries. He has helped lead, shape
and facilitate conversation and innovation through his work leading
Asian lead and battery conferences.
“Having Mark join our board is a significant step in our
corporate development,” said Dr. Stephen R. Clarke, Chairman and
CEO of Aqua Metals. “He not only brings to the table incredible
experience in the lead and battery industries but also a remarkable
international perspective on the evolution of battery manufacturing
and recycling. We are pleased to have his advice and expertise in
our corner as we move forward into 2017.”
Aqua Metals recently announced its production of the first-ever
AquaRefined lead at its flagship AquaRefinery in McCarran, Nevada.
AquaRefining is a water-based, room-temperature process and is the
only clean lead recycling method.
About Aqua MetalsAqua Metals (NASDAQ:AQMS) is
reinventing lead recycling with its patent-pending AquaRefiningTM
technology. Unlike smelting, AquaRefining is a room temperature,
water-based process that is fundamentally non-polluting. Aqua
Metals expects its modular AquaRefining systems to allow the
lead-acid battery industry to simultaneously reduce negative
environmental impacts and increase production to meet rapidly
growing demand. Aqua Metals is based in Alameda, California and
built its first recycling facility in Nevada’s Tahoe-Reno
Industrial Center.
Additional Information
Aqua Metals will hold its annual meeting of
stockholders on December 21, 2016, at which Mr. Stevenson’s
nomination will be put before the stockholders of the Company for
approval. Aqua Metals has filed with the Securities and
Exchange Commission on November 25, 2016 a proxy statement in
connection with its annual meeting of stockholders to be held on
December 21, 2016, and other relevant documents in connection with
the nomination of Mark Stevenson to the Board of Directors of Aqua
Metals. The proxy statement and other documents are expected
to be mailed on or about December 1, 2016 to holders of record as
of November 23, 2016. Investors and security holders are
advised to read the proxy statement regarding the nomination of
Mark Stevenson because it contains important information.
Investors and security holders may obtain a free copy of the proxy
statement and other documents filed by Aqua Metals at the
Securities and Exchange Commission’s web site at www.sec.gov.
The proxy statement and such other documents may also be obtained
from Aqua Metals by directing such request to Aqua Metals, Inc.,
1010 Atlantic Avenue Alameda, California 94501, Attention:
Corporate Secretary. Aqua Metals and its executive officers
and directors may be deemed to be participants in the solicitation
of proxies from stockholders of Aqua Metals with respect to the
nomination of Mark Stevenson. A description of any interests
that Aqua Metals or its directors and executive officers have in
the nomination of Mark Stevenson are available in the proxy
statement. Information regarding Aqua Metals’ officers and
directors is included in the proxy statement and the Company’s
Annual Report on Form 10-K filed with the Securities and Exchange
Commission on March 28, 2016. These materials are available
free of charge at the Securities and Exchange Commission’s web site
at http://www.sec.gov and from the Aqua Metals.
Safe Harbor This press release contains
forward-looking statements concerning Aqua Metals, Inc., the
lead-acid battery recycling industry, the intended benefits of its
agreements with Interstate Batteries, the future of lead-acid
battery recycling via traditional smelters, the Company’s
development of its commercial lead-acid battery recycling
facilities and the quality, efficiency and profitability of Aqua
Metals’ proposed lead-acid battery recycling operations. Those
forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual results to
differ materially. Among those factors are: (1) the fact that
Company has only recently commenced lead producing operations, thus
subjecting the Company to all of the risks inherent in a
pre-revenue start-up; (2) the uncertainties involved in any new
commercial relationship; (3) risks related to Aqua Metals’ ability
to raise sufficient capital, as and when needed, to develop and
operate its recycling facilities; (4) changes in the federal, state
and foreign laws regulating the recycling of lead-acid batteries;
(5) the Company’s ability to protect its proprietary technology,
trade secrets and know-how and (6) those other risks disclosed in
the section “Risk Factors” included in the prospectus supplement
dated November 16, 2016 filed with the SEC on November 17,
2016. Aqua Metals cautions readers not to place undue reliance on
any forward-looking statements. The Company does not undertake, and
specifically disclaims any obligation, to update or revise such
statements to reflect new circumstances or unanticipated events as
they occur.
Media Relations:
Antenna
Brigit Carlson
201-465-8031
brigit@antennagroup.com
www.antennagroup.com
Investor Relations:
MZ North America
Greg Falesnik
949-385-6449
greg.falesnik@mzgroup.us
www.mzgroup.us
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