Manganese X Announces Results of Annual General and Special Meeting of Shareholders
Manganese X Announces Results of Annual General and Special
Meeting of Shareholders
Montreal, Quebec, Canada, June 1, 2023 - Manganese X Energy Corp. (TSXV:MN) (FSE:
9SC2) (OTC: MNXXF) (“Manganese X” or the “Company”) is pleased to announce the results
of its annual general and special meeting of shareholder held Thursday, June 1, 2023 (the
“Meeting”). The shareholder s of the Company (the “ Shareholders”) passed all resolutions
brought forth at the Meeting.
The Shareholders approved the setting of the number of directors at five (5) and elected Martin
Kepman, James (Jay) Richardson, Roger Dahn, Dr. Luisa Moreno and Robert Tjandra as
directors (the “Directors”) of the Company.
The Shareholders re -appointed Wasserman Ram say, Chartered Professional Accountants , as
the Company’s auditor for the ensuing year, and authorized the Directors to fix the remuneration
to be paid to the auditor.
In addition, the Shareholders approved the Company’s new security-based compensation plan
as well as the cancellation of the existing Articles of the Company and the adoption of a new set
of Articles of the Company. All resolutions brought forward at the Meeting were presented in the
Company’s management information circular dated April 10, 2023.
Following the Meeting, the Directors appointed Martin Kepman as Chief Executive Officer and
President, James (Jay) Richardson as Chief Financial Officer, Perry MacKinnon as Vice President
of Exploration and Janet Francis as Corporate Secretary of the Company (the “Management”).
Martin Kepman, CEO of the Company, stated, The Directors and Management of the Company
wish to thank all of the Shareholder s for their continued support throughout the years. We look
forward to advancing the Company forward.”
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 the United States to
commercialize electric-vehicle-compliant high-purity manganese, potentially supplying the North
American supply chain. 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.
Subsidiary Disruptive Battery Corp.'s mission is to develop an HVAC (heating, ventilation and air
conditioning) air purification delivery system for cleaner and healthier air, aiming to mitigate
COVID-19 and other contaminants on surfaces and in the air.
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 Information:
This news release contains certain “forward -looking information” and “forward -looking
statements” (collectively “forward-looking statements”) within the meaning of applicable securities
legislation. All statements, other than statements of historica l fact, included herein, without
limitation, statements relating to the future operations and activities of Manganese X and its
subsidiary, are forward -looking statements. Forward -looking statements are frequently, but not
always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”,
“potential”, “possible”, and similar expressions, or statements that events, conditions, or results
“will”, “may”, “could”, or “should” occur or be achieved. There can be no assurance that su ch
statements will prove to be accurate, and actual results and future events could differ materially
from those anticipated in such statements. Forward -looking statements reflect the beliefs,
opinions and projections on the date the statements are made and are based upon a number of
assumptions and estimates that, while considered reasonable by Manganese X, are inherently
subject to significant business, economic, competitive, political and social uncertainties and
contingencies. Many factors, both known and unknown, could cause actual results, performance
or achievements to be materially different from the results, performance or achievements that are
or may be expressed or implied by such forward -looking statements and the parties have made
assumptions and estimates based on or related to many of these factors. These risks, as well as
others, are disclosed within the Company's filings on SEDAR, which investors are encouraged to
review prior to any transaction involving the securities of the Company. Readers should not place
undue reliance on the forward-looking statements and information contained in this news release
concerning these items. Manganese X does not assume any obligation to update the forward -
looking statements of beliefs, opinions, projections, or other factors, should they change, except
as required by applicable securities laws.