American Manganese Closes First Tranche of Non-Brokered Private Placement

Added August 29th, 2014 – Vancouver, British Columbia


White Rock, British Columbia – American Manganese Inc. (the “Company”) has closed the first tranche of its non-brokered private placement of the Company’s units (“Units”) which was previously announced in a news release dated July 21, 2014.

The Company raised $37,000 for the first tranche through the sale of 1,233,333 units of the Company (“Units”) at a price of $0.03 per unit. Each Unit is comprised of one common share in the capital of the Company (a “Share”) plus a share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one Share at a price of $0.05 during the three years following the date of issuance.

The Company paid $1280 cash (which is equal to 8% of the gross proceeds for which finder’s fees are payable) and 42,666 Warrants (which is equal to 8% of the number of Units for which finder’s fees are payable) as finder’s fees for this first tranche.

The Company expects to use approximately $20,000 towards mineral tenure fees on its Artillery Peak Manganese Project, $50,000 of the proceeds to pay audit-related fees, $20,000 towards office rent, $3500 towards transfer agent fees, $5000 towards legal fees and the rest towards general working capital. No part of the proceeds will be used to pay management fees or to pay Related Parties. While the Company intends to spend the funds as stated, a reallocation of funds for sound business reasons may be necessary.

All securities issued pursuant to the private placement will be subject to resale restrictions for a period of four months from the closing date.

About American Manganese Inc.
American Manganese Inc. is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese products from its Arizona Manganese Project.

On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh

President and Chief Executive Officer

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The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.