RecycLiCo Battery Materials Inc. — Capital/Financing Update 2021

Oct 7, 2021

FORM 51-102F3 Material Change Report

ITEM 1. NAME AND ADDRESS OF COMPANY American Manganese Inc. (the “Company”) 2A – 15782 Marine Drive White Rock, British Columbia V4B 1E6 ITEM 2. DATE OF MATERIAL CHANGE October 4, 2021 ITEM 3. PRESS RELEASE The news release was disseminated through Accesswire and filed on SEDAR on October 5, 2021.

• ITEM 4. SUMMARY OF MATERIAL CHANGE

American Manganese Inc. closed its $20 million unit offering.

• ITEM 5 FULL DESCRIPTION OF MATERIAL CHANGE Please see the Company’s news release dated October 5, 2021, which is available at www.sedar.com

• ITEM 6. RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102

Not applicable.

• ITEM 7. OMITTED INFORMATION

None.

ITEM 8. EXECUTIVE OFFICER Contact: Larry Reaugh, President & CEO Telephone: 778-574-4444

ITEM 9. DATE OF REPORT October 7, 2021