Aqua Metals to Join Russell Microcap® Index
June 08 2021 - 8:00AM
Aqua Metals, Inc. (NASDAQ: AQMS) ("Aqua Metals" or the "Company"),
which is reinventing metals recycling with its AquaRefining™
technology, announced that it will join the Russell Microcap® Index
effective June 28, 2021, at the conclusion of the 2021 Russell
Microcap® Index’s annual reconstitution. Aqua Metals was identified
on the preliminary list of additions that were posted on June 4,
2021. Inclusion in the Russell Microcap® Index provides Aqua
Metals with automatic inclusion in appropriate growth and value
indexes. FTSE Russell determines membership for its indices
primarily by objective, market-capitalization rankings and style
attributes.
Steve Cotton, President and CEO of Aqua Metals
stated, “Having Aqua Metals included in the Russell Microcap® Index
recognizes our Company’s growth, and value proposition as we move
forward with our capital light AquaRefining™ technology licensing
and Aqualyzer™ clean battery recycling equipment supply business
model. In addition to greatly enhancing the working environment and
worker safety with our fundamentally non-polluting AquaRefining
metals recovery technology, we aim to support worldwide Net-Zero
emissions efforts in upgrading the growing $20B lead battery
recycling industry and cleanly building the lithium-ion battery
recycling industry, expected to reach $20B in just a few years. The
exposure to additional institutional investment managers and
investment professionals that comes from being included in the
Russell Microcap® Index will be of great benefit as we share our
mission and continued progress with potential new shareholders.
With over $10 trillion in assets benchmarked against Russell’s US
indexes, Aqua Metals is honored to be included with other strong,
growing and successful companies”.
For more information on the Russell
Microcap® Index and the Russell indexes reconstitution, go to
the “Russell Reconstitution” section on the FTSE Russell
website.
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 generates 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.
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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