Aqua Metals Meets Nasdaq Compliance Requirements for Continued Listing
March 05 2021 - 1:09PM
Aqua Metals, Inc. (NASDAQ: AQMS) ("Aqua Metals" or the "Company"),
which is reinventing metals recycling with its AquaRefining™
technology, today announced that with the recent Board and
Committee appointments, Nasdaq Regulation staff notified the
Company that it is again in full compliance with the Audit
Committee requirements for continued listing on The Nasdaq Capital
Market set forth in Listing Rule 5605(c)(2) (the “Rule”) and the
matter is now closed.
About Aqua Metals
Aqua Metals, Inc. (NASDAQ: AQMS) is reinventing
metals recycling with its patented hydrometallurgical AquaRefining™
technology. Unlike smelting, AquaRefining is a room temperature,
water-based process that emits less pollution. The modular
Aqualyzers™ cleanly generate ultra-pure metal one atom at a time,
closing the sustainability loop for the rapidly growing energy
storage economy. The Company’s offerings include equipment supply,
services, and licensing of the AquaRefining technology to recyclers
across the globe. Aqua Metals is based in McCarran, Nevada. To
learn more, please visit: www.aquametals.com.
Aqua Metals has used, and intends to continue
using, its investor relations
website (https://ir.aquametals.com), in addition to its
Twitter, LinkedIn and YouTube accounts
at https://twitter.com/AquaMetalsInc (@AquaMatalsInc), https://www.linkedin.com/company/aqua-metals-limited and
https://www.youtube.com/channel/UCvxKNWcB69K0t7e337uQ8nQ respectively,
as means of disclosing material non-public information and for
complying with its disclosure obligations under Regulation FD.
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 benefits of our new methodology for producing
battery manufacturing ready active material 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 satisfactorily demonstrate to potential
licensees the technical and commercial viability of our V1.25
electrolyzer and AquaRefining process; (2) 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; (3) the risk that we may not realize the expected
economic benefits from any licenses we may enter into; (4) the risk
that we may not be able to access additional capital as and when
needed; and (5) those other risks disclosed in the section "Risk
Factors" included in our Annual Report on Form 10-K filed on
February 25, 2021 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.
Contact: Glen Akselrod, Bristol Capital(905)
326-1888, Ext. 1glen@bristolir.com
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