AQUA METALS, INC. (NASDAQ:AQMS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

AQUA METALS, INC. (NASDAQ:AQMS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On July 1, 2019, the Board of Directors (“Board”) of Aqua Metals, Inc, acting upon the recommendation of the Board’s Nominating and Corporate Governance Committee, appointed Susanne L. Meline to the Board. Ms. Meline was also appointed to the Audit Committee of the Board.

Ms. Meline co-founded Francis Capital Management, a value-based investment advisor, where she has worked since 2003. She was previously employed as an investment banker with Houlihan Lokey, a global investment bank serving corporations, institutions, and governments worldwide and also practiced law in the corporate group of Jones Day, an international law firm that provides legal advisory services across multiple disciplines and jurisdictions. Ms. Meline is a Certified Director through the UCLA Anderson School of Management, a member of the National Association of Corporate Directors and holds a CERT Certificate in CyberSecurity Oversight from the National Association of Corporate Directors and Carnegie Mellon University Software Engineering Institute. Ms. Meline received a B.A.in political science from UCLA, and a J.D. from the UC Hastings College of the Law. Ms. Meline has served on the board of directors of ClearSign Combustion Corporation (NASDAQ: CLIR) since February 2018.

In connection with Ms. Meline’s appointment to the Board, we granted Ms. Meline 9,317 Restricted Stock Units (“RSUs”) under our 2019 Stock Incentive Plan, with each RSU entitling her to receive one share of our common stock upon settlement.


About AQUA METALS, INC. (NASDAQ:AQMS)

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Aqua Metals, Inc. is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. AquaRefining process will provide for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining is a water-based ambient temperature process. The modular nature of AquaRefining makes it possible to start LAB recycling at a smaller scale than is possible with smelters. Its AquaRefining process begins with the crushing of used LABs and the separation of the metallic lead, active material (lead compounds), sulfuric acid and plastic for recycling. The active material is dissolved in its solvent. The primary lead is then stripped from the solvent using its automated process allowing the solvent to be reused continuously and indefinitely. Its AquaRefining process generates over three outputs, such as lead; cleaned plastic chips, recovered from battery casings, and sulfuric acid. The Company has not generated revenues.

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