S&P Capital IQ Initiates Coverage on American Manganese, Inc. in Standard & Poor’s Factual Stock Reports

S&P Capital IQ announced today that it has commenced Standard & Poor’s Factual Stock Report coverage on American Manganese, Inc. American Manganese (TSX: AMY; OTC: AMYZF) is a specialty and critical metal company focusing on becoming the lowest cost producer of electrolytic manganese from its Arizona Manganese Project. Electrolytic manganese is used in the upgrading of specialty steel, as well as the manufacture of aluminum alloys and electronics.

The company's Artillery Peak property, a manganese exploration property, is located in Mohave County, Arizona. Another property, the Rocher Deboule property, is an iron oxide, copper and gold exploration property located in the Omineca Mining Division of British Columbia, near Hazelton. In addition, the company's Lonnie Rare Earth property is located southeast of Manson Creek in north-central British Columbia.

On September 8, 2011, the company reported that a new NI 43-101 compliant resource estimate, which incorporates the results of the 2011 drilling program, shows a substantial increase in the amount of manganese contained in the Artillery Peak Project. The 2011 drilling program included 84 reverse circulation drill holes totaling 10,607 meters (34,800 feet) on Manganese Mesa, Burro, and Shannon patented claims of the property. The 2011 drilling program can best be categorized as fill-in drilling with a limited amount of step-out drilling. This has resulted in an upgrading of a large proportion of the resource from inferred to indicated. The step out drilling has resulted in a 39% increase of the overall tonnage and a 12% increase in the contained pounds of Mn.

The updated resource estimate includes 13.830 billion pounds of contained Mn metal in the indicated category and 3.531 billion pounds of contained Mn metal in the inferred (at a 0.90% Mn cut-off grade). On September 27, 2011, American Manganese reported successful operation of its pilot plant for the extraction and separation of manganese from its Artillery Peak resource in Mojave County. Operation of the pilot plant commenced in August 2011.

Standard & Poor’s Factual Stock Report coverage on American Manganese, Inc. will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P Capital IQ research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.americanmanganeseinc.com for additional information.

About Standard & Poor's Factual Stock Reports

Currently profiling over 500 issuers, Standard & Poor’s Factual Stock Reports, produced by S&P Capital IQ, increase market awareness of issuers in the investment community with insightful commentary and key statistics and information. Standard & Poor’s Factual Stock Reports provide factual research coverage about company fundamentals and business prospects, thereby enabling information about covered companies to reach a wide investor audience of Buy and Sell-side investors. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is underwritten by the issuer, S&P Capital IQ does not offer investment opinions concerning the advisability of investing in these stocks.

Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of S&P Capital IQ or related organizations. S&P Capital IQ does not trade on its own account.

About S&P Capital IQ

S&P Capital IQ, a brand of the McGraw-Hill Companies (NYSE:MHP), is a leading provider of multi-asset class data, research and analytics to institutional investors, investment advisors and wealth managers around the world. We provide a broad suite of capabilities designed to help track performance, generate alpha, identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Securities Evaluations, Global Data Solutions, and Compustat; and research offerings including Leveraged Commentary & Data, Global Market Intelligence, and company and fund research, S&P Capital IQ sharpens financial intelligence into the wisdom today’s investors need.

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