Manganese X Corporate Update
Manganese X Corporate Update
Montreal, Quebec--(Newsfile Corp. - April 26, 2018) -
Manganese X Energy Corp.
(TSXV: MN) (FSE: 9SC2) (TRADEGATE:
9SC2) (OTC Pink: SNCGF)
( "Manganese X" ) is pleased to announce that negotiations with Calgary based Mountain Springs
Oil and Gas Ltd. ("Mountain Springs") to acquire a 15 % equity interest
in Mountain Springs are progressing well (refer to
previous press release March 23
rd
2018). Mountain Springs has advised that funding for the expected acquisitions by Mountain
Springs will be secured through Integrated Asset Management Corp. and Stonebridge Financial.
Manganese X has also been approved by the National Research Council IRAP Programme ("NRC/IRAP") technological
manganese project. Estimated costs will be $160,000. Anticipated funding by the NRC/IRAP will be approximately 50% of the
project costs. The anticipated start-up of the project is May.
About Manganese X Energy
Manganese X Energy's mission is to acquire and advance high potential manganese prospects located in North America
with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries as well as
the steel industry. In addition, our company is striving to achieve new methodologies emanating with environmentally friendly
green/zero emissions processes and producing manganese at a lower competitive cost.
For more information, visit the website at
www.manganesexenergycorp.com
.
ON BEHALF OF THE BOARD OF DIRECTORS
Martin Kepman
CEO and Director
1-514-802-1814
Cautionary Note Regarding Forward-Looking Statements:
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.
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 implied by such forward-looking statements. These risks, as well
as others, are disclosed within the Company's filing on SEDAR, which investors are encouraged to review prior to any
transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of
this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking
information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader
is cautioned not to place undue reliance on such forward-looking information