Aqua Metals Joins the Russell 2000 Index
June 29 2016 - 8:30AM
Aqua Metals, Inc. (NASDAQ:AQMS), which is commercializing
AquaRefining™, a non-polluting electrochemical lead recycling
technology, today announced that it was added to the Russell 2000®
Index after market close on June 24, 2016.
"We are very pleased to join the Russell 2000 Index,” said Dr.
Stephen Clarke, Chairman and CEO of Aqua Metals. “This is an
important milestone for Aqua Metals and represents an opportunity
to increase our visibility within the public market investment
community.”
Aqua Metals is building the world’s first AquaRefinery in
Nevada’s Tahoe Reno Industrial Complex, which is slated to begin
operation early in the third quarter of 2016.
The Russell 2000 Index measures the performance of approximately
2,000 of the leading small company stocks in the United
States. FTSE Russell, a leading global index provider,
determines membership for its equity indices primarily by
objective, market-capitalization rankings, and style
attributes.
Indexes provided by FTSE Russell are widely used by investment
professionals for index funds and as benchmarks for investment
strategies. Approximately $6 trillion in assets are
benchmarked to the Russell Indexes.
Market analysis on the Russell Indexes is available at
https://www.ftserussell.com/research-insights/russell-reconstitution.
About Aqua Metals, Inc. Aqua Metals is
reinventing lead recycling with its patent-pending AquaRefining
technology. Unlike smelting, AquaRefining is a modular, room
temperature, water-based process that is fundamentally
non-polluting. These modular systems allow the lead acid battery
industry to simultaneously improve environmental impact and scale
production to meet demand. Aqua Metals is based in Alameda,
California, and is building its first recycling facility in
Nevada’s Tahoe Reno Industrial Complex. To learn more, please visit
www.aquametals.com.
Safe Harbor This press release contains
forward-looking statements concerning Aqua Metals, Inc., the
lead-acid battery recycling industry, 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 the
Company’s 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 not yet commenced revenue producing operations or
developed its initial commercial recycling facility, thus
subjecting the Company to all of the risks inherent in a
pre-revenue start-up; (2) risks related to Aqua Metals’ ability to
raise sufficient capital, as and when needed, to develop and
operate its recycling facilities; (3) changes in the federal, state
and foreign laws regulating the recycling of lead-acid batteries;
(4) the Company’s ability to protect its proprietary technology,
trade secrets and know-how and (5) those other risks disclosed in
the section “Risk Factors” included in the Annual Report on Form
10-K filed with the SEC on March 28, 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.
Aqua Metals Investor Relations:
MZ North America
Greg Falesnik
Senior Vice President
Main: 949-385-6449
greg.falesnik@mzgroup.us
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