Manganese X Energy Corp. today announced a correction to its press release that was disseminated on March 20, 2019 . The Initial Press Release announced, among other things, a proposed non-brokered private placement financing to raise gross proceeds of up to $360,000 through the issuance of up to 3 million units at a price of $0.12 per Unit, each Unit being comprised of one common share and one common share purchase [...]
Manganese X Energy Corp. is announcing that it has closed the Warrant Incentive Program through issuance of 9,672,000 warrants to purchase 4,387,000 and 5,285,000 common shares in the capital of the Corporation held by eligible persons at an exercise price of 11 cents, for a period of 30-days period. The Warrants expire on July 25, 2019 and February 20, 2020, respectively and will revert back to the original exercise [...]
Manganese X Energy Corp. is pleased to announce that in collaboration with Kemetco Research Inc. it has been able to produce manganese sulfate with a purity exceeding 99.6% and very low levels of base and alkali metals that are deleterious in battery-grade compounds. The company's preliminary flowsheet using specific parameters for Battery Hill ore has yielded very encouraging results. The flowsheet incorporates leaching [...]
Montréal, Québec-- - Manganese X Energy Corp. is pleased to announce that the Company has re-priced 9,672,000 warrants , as approved by the TSX Venture Exchange warrant incentive program. The following warrants with an original exercise price of 25 cents will be eligible under this warrant incentive program: 4,387,000 warrants expiring July 25, 2019 & 5,285,000 warrants expiring Feb. 2020 The new exercise [...]
Montréal, Québec-- - Manganese X Energy Corp. is pleased to announce that its board has approved the repricing of warrants to purchase 4,387,000 and 5,285,000 common shares in the capital of the Corporation held by eligible persons, to an exercise price of 11 cents, for a period of 30-days period. The Warrants expire on July 25, 2019 and February 20, 2020, respectively. The repricing of the Warrants is [...]
Montréal, Québec-- - Manganese X Energy Corp. is pleased to announce that it has approved the grant of 800,000 stock options to purchase common shares of the Company to certain directors and consultants of the Company. The options were issued with an exercise price of $0.12 per common share. The options granted to the Company's directors and consultants have a term of two years vesting immediately. The [...]
Manganese X Energy Corp. is pleased to announce that 2018 was again a year of significant growth for the Company with advancements at its Battery Hill manganese property; the acquisition of its Peter Lake copper-nickel-cobalt property; as well as strategic corporate financing and the purchase of 15% in Mountain Springs Oil and Gas Limited with the opportunity of obtaining an additional 10% of MSOG upon Board approval. The [...]
Manganese X Energy Corp. is pleased to announce that it has acquired a 100% interest in its flagship Battery Hill Houlton Woodstock Manganese property located in the top-tier global mining jurisdiction of New Brunswick, by making cash payments of $200,000, issuing 4.0 million common shares and spending $1.0 million on exploration over a 2 year period. The property is subject to a 3% Gross Metal Royalty on production [...]
Montréal, Québec-- - Manganese X Energy Corp. ") is pleased to announce that it has closed on a tranche of a non-brokered private placement financing of flow-through shares for gross proceeds of up to $200,000 through issuance of 1,000,000 flow-through shares in the share capital of the Company at $0.20 per Share. The terms of the Offering remain the same as disclosed in the Company's news release dated [...]
Manganese X Energy Corp. is pleased to announce that Manganese X has agreed in principal to purchase an additional 500,000 shares by way of a private placement at $1 a share .This will represent an additional ownership of 10% of Mountain Spring Oil and Gas Limited by Manganese X amounting to a grand total of 1,250,000 shares or 25% ownership of MSOG. Peter Lake Cu-Ni-Co Project Update Line cutting and soil geochemical [...]
Manganese X Energy Corp. is pleased to announce that on Tuesday October 9th 2018 the board of directors of Manganese X approved the purchase of 750,000 shares by way of a private placement at $1 a share. This represents ownership of 15% of Mountain Spring Oil and Gas Limited by Manganese X. Subsequent to this event Manganese X was given the opportunity to purchase additional shares into MSOG. Talks are ongoing. Manganese [...]
Manganese X Energy Corp. is pleased to provide an update on its fall exploration program underway on the Peter Lake Property, located near the town of Sainte-Anne du Lac, Quebec. Results from nine blast pit samples collected from the Peter Lake North and South Occurrences returned assays of 5.38% Copper, 0.96% Nickel and 922 ppm Cobalt; as well as other anomalous samples. The work was conducted -- The North and South [...]