Aqua Metals Announces Schedule for Second Quarter Financial Results
July 28 2020 - 8:00AM
Aqua Metals, Inc. (NASDAQ:
AQMS) (“Aqua Metals” or
the “Company”), which is reinventing lead recycling with its
AquaRefining™ technology, today announced that it is scheduled to
report financial results for the second quarter ended June 30, 2020
after the market close on Tuesday, August 4, 2020.
The Company will hold a conference call to
discuss those results and corporate developments at 4:30 p.m.
Eastern Time, the same day. Investors can access the live call by
dialing 1-855-327-6837 toll free or 1-631-891-4304 for
international callers. Participants have the option of listening to
the conference call online by accessing the following link:
http://public.viavid.com/index.php?id=141009. A
live webcast or replay of the conference call is also available via
the Company website, and can be found at the following
link: https://ir.aquametals.com/ir-calendar.
A telephone replay will be available until September 4, 2020 by
dialing 1-844-512-2921 or 1-412-317-6671 and using Pin Number
10010547
About Aqua Metals
Aqua Metals, Inc. (NASDAQ: AQMS) is reinventing
lead recycling with its patented AquaRefining™ technology. Unlike
smelting, AquaRefining is a room temperature, water-based process
that emits less pollution. The modular systems are intended to
allow the Company to vastly reduce environmental impact and scale
lead acid recycling production capacity by licensing the
AquaRefining technology to partners. This could help to meet
growing demand for lead to power new applications including
stop/start automobile batteries which complement the vehicle’s main
battery, lead acid batteries which are in electric vehicles,
Internet data centers, alternative energy applications including
solar, wind, and grid scale storage. Aqua Metals is based in
McCarran, Nevada. To learn more, please
visit www.aquametals.com.
Safe Harbor
This press release contains forward-looking
statements concerning Aqua Metals, Inc. Forward-looking statements
include, but are not limited to, our plans, objectives,
expectations and intentions and other statements that contain words
such as “expects,” “contemplates,” “anticipates,” “plans,”
“intends,” “believes,” “estimates,” “potential” and variations of
such words or similar expressions that convey uncertainty of future
events or outcomes, or that do not relate to historical matters.
The forward-looking statements in this press release include our
expectations for the development and completion of our the V1.25
electrolyzer and the benefits of the V1.25 electrolyzer and the
future of lead acid battery recycling via traditional smelters.
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 risk that we
may not be able to complete the development of our V1.25
electrolyzer; (2) the risk that we may not realize the expected
benefits from our V1.25 electrolyzer; (3) the risk that our
insurance recovery from our claims relating to the November 2019
fire at our TRIC facility and proceeds from the sale of legacy
assets will not be sufficient to fund our accelerated licensing
strategy; (4) the risk that we may not be able to satisfactorily
demonstrate to potential licensees the technical and commercial
viability of our V1.25 electrolyzer and AquaRefining process; (5)
the risk that licensees may refuse or be slow to adopt our
AquaRefining process as an alternative to smelting in spite of the
perceived benefits of AquaRefining; (6) the risk that we may not
realize the expected economic benefits from any licenses we may
enter into; (7) the risk that we will have to engage in additional
sales of our equity securities in order to fund our future
operations; (8) the risk that further funding, by any means, may
not be available at all; (9) the risk that our common stock may be
delisted from the Nasdaq Capital Market due to our inability to
regain compliance with Nasdaq’s minimum bid price or audit
committee composition requirements; (10) the fact that we have not
generated any significant revenue to date, thus subjecting us to
all of the risks inherent in an early-stage company; (11) the risk
that our patents and any other patents that may be issued may be
challenged, invalidated, or circumvented; (12) the risk that we may
not realize the expected benefits of our relationship with Veolia;
(13) the risk that we may not be able to successfully conclude our
proposed joint development agreement with Clarios or, if we do,
realize the expected benefits of such agreement; (14) changes in
the federal, state and foreign laws regulating the recycling of
lead acid batteries; (15) our ability to protect our proprietary
technology, trade secrets and know-how and (16) those other risks
disclosed in the section “Risk Factors” included in our Quarterly
Report on Form 10-Q filed on April 30, 2020 and subsequent SEC
filings. 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, except as required by law.
Glen Akselrod, Bristol Capital (905) 326-1888, Ext.
1glen@bristolir.com
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