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Aqua Metals Closes $6 Million Secured Loan From Alpen Mortgage

Oct 03, 2022•almost 3 years ago

Amount Raised

$6 Million

RenoRenewable EnergyEnergyManufacturing

Description

Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals" or the “Company”), which is reinventing metals recycling with its AquaRefiningTM technology, today announced that the Company has closed a $6 million secured loan with Alpen Mortgage, Northern Nevada’s Premier Private Lender. The loan provides a non-dilutive path to expand the Company’s cash position and ensure sufficient resources to reach revenue generation.

Company Information

Company

Aqua Metals

Location

Reno, Nevada, United States

About

Aqua Metals is pioneering sustainable lithium battery and clean metals recycling, creating a low-carbon, circular supply chain for critical minerals. We believe that the key to sustainable energy lies in leveraging the full potential of recycled materials in manufacturing lithium-ion batteries, building a circular supply chain domestically, and minimizing the environmental impact of the clean energy industry.

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