Manganese X Advances IN US Battery Leader C4V Validation Testing Program
MANGANESE X ADVANCES IN US BATTERY LEADER
C4V VALIDATION TESTING PROGRAM
Montreal, Quebec – April 17, 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 sample, being validated for commercial level qualification by US
Battery Leader C4V for its Gigafactory joint ventures, passed the first step of C4V's Electric
Vehicle (EV) Battery Cathode compliance standards' testing, leading to the next round of testing.
Manganese X’s High Purity Manganese sample is being qualified through C4V’s Digital DNA
Supply Chain Qualification Program as part of the non -binding Memorandum of Understanding
(MOU) the companies signed early 2024, (news release dated January 10th) leading to a potential
offtake deal from Manganese X's Battery Hill High Purity Manganese project in Woodstock, New
Brunswick, Canada.
The sample passed C4V’s Phase 1-A validation requirements and is currently in the next phase
of testing, Phase 1-B, which consists of Coin Cell Testing. Phase 1-B validation work will evaluate
the initial performance of the product in terms of capacity, stability, and functional capacity
evaluation (FCE).
Manganese X CEO Martin Kepman commented, "We're making strides, progressing through
C4V's multi-phased validation process, bringing us closer to securing a binding offtake deal for
our Battery Hill project. We are confident in the quality of our High Purity Manganese product and
its potential to meet C4V's EV-compliance standards for Gigafactory joint ventures.”
C4V is a US battery technology company and a global leader in renewable battery technology as
well as involved in some of the world’s largest Gigafactory developments.
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 of
“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 lithium -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 eco nomic 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 ca use 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 implied by such forward -looking
statements. These risks, as well as others, are disclosed within the Company's filing on SEDAR+
(www.sedarplus.ca), which investors are encouraged to review prior to any transaction involving
the securities of the Company.