Manganese X’S High Purity Manganese Passes Phase 1 of US Battery Leader C4V Supply Chain Qualification Program
MANGANESE X’S HIGH PURITY MANGANESE PASSES PHASE 1 OF US
BATTERY LEADER C4V SUPPLY CHAIN QUALIFICATION PROGRAM
Montreal, Quebec (June 6 , 2024) – Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC)
(TRADEGATE: 9SC) (OTCQB: MNXXF) (the “Company” or “Manganese X”) is pleased to
report its High Purity Manganese (HPMSM) sample has met US Battery Leader C4V’s Phase 1
commercial level qualification compliance standards for the Electric Vehicle (EV) Battery Cathode,
and is moving immediately to the next round of rigorous testing in C4V’s Supply Chain
Qualification Program.
Manganese X CEO Martin Kepman commented, "Achieving this milestone brings us one step
closer to becoming the first publicly traded mining company in Canada and the US to
commercialize high-purity, EV-compliant manganese. We are excited to enter Phase 2 of testing
with C4V, moving us closer to a potential offtake agreement. This partnership is truly synergistic.
Manganese X is dedicated to qualifying our Battery Hill manganese to be a reliable, high -quality
domestic supplier for C4V as they strengthen their supply chain through this comprehensive
Qualification Program."
Manganese X’s HPMSM Phase 1 testing was conducted in -house at lab scale through C4V’s
Digital DNA Supply Chain Qualification Program. The Supply Chain Qualification Program
consists of three phases and is an important aspect of the non -binding Memorandum of
Understanding the companies signed in early 2024, leading to a potential offtake deal from
Manganese X's Battery Hill Manganese mining project in Woodstock, New Brunswick, Canada.
Battery Hill contains one of the largest manganese carbonate deposits in Canada and the US.
To summarize the results of C4V’s Phase 1 testing, Manganese X’s sample demonstrated that
electrodes could be calibrated and that while testing its rate, performance and capacities , these
met the standards required. Capacities and performance of the sample also appeared stable
during long cycling.
The next Phase to be conducted, Phase 2, will be to validate that Manganese X’s sample meets
standards for long cycling performance and capacity retention of the cells.
About Manganese X Energy Corp.
Manganese X's mission is to advance its Battery Hill project into production, thereby becoming
the first public actively traded manganese mining company in Canada and US to commercialize
EV Compliant High Purity Manganese. Manganese has recently been added to Quebec’s list if
“critical metals” owing to its significance in emerging battery technologies. The North American
supply chain is presently dependent on overseas sources for Manganese. The Company intends
on supplying value -added materials to the lithi um-ion battery and other alternative energy
industries, as well as striving to achieve new carbon-friendly more efficient methodologies, while
processing manganese at a lower competitive cost.
About C4V
C4V™ is a lithium -ion battery technology company possessing critical insight related to the
optimum performance of lithium -ion batteries and Gigafactories. C4V’s discoveries have been
fruitful in vastly extending battery life, safety and charge performance, however more important is
the Gigafactory offering that allows emerging countries to establish their own robust
manufacturing ecosystem. C4V works with industry-leading raw material suppliers and equipment
supply chain to bring to market fully optimized batteries possessing key economic advantages
providing the ultimate “best in class” performance for various applications and end -to-end
solutions to produce them on a Gigawatt hour scale. With its highly scalable business model C4V
aims to achieve 100+GWh of cell production capacity globally by 2030.
For more information visit the website at www.manganesexenergycorp.com.
On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.
Martin Kepman
CEO and Director
Email: [email protected]
Tel: 1-514-802-1814
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains "forward-looking information" including statements with respect to the
future exploration performance of the Company. This forward-looking information involves known
and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any future results,
performance or achievements of the Company, expressed or im plied by such forward -looking
statements. These risks, as well as others, are disclosed within the Company's filing on SEDAR
(www.sedar.com), which investors are encouraged to review prior to any transaction involving the
securities of the Company.