MANGANESE X ENERGY CORP. REPORTS KEY ACHIEVEMENTS AND OUTLINES 2025 STRATEGIES Manganese X Energy Corp. Advances Battery Hill Project Toward EV -Compliant Manganese Commercialization
MANGANESE X ENERGY CORP. REPORTS KEY ACHIEVEMENTS
AND OUTLINES 2025 STRATEGIES
Manganese X Energy Corp. Advances Battery Hill Project Toward EV -Compliant
Manganese Commercialization
Montreal, Quebec – February 5, 2025 – Manganese X Energy Corp. (TSXV: MN) (FSE:
9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) (“Manganese X” or the “Company”) is proud to
announce significant progress on its Battery Hill manganese project near Woodstock, New
Brunswick. The Company is on track to bec ome the first publicly traded mining company in
Canada and the US to commercialize high-purity, EV-compliant manganese.
Major Milestones
CEO Martin Kepman outlined the Company’s strategic vision, emphasizing a pivotal
$2,000,000 investment from Mr. Eric Sprott, who has subscribed to 57,142,857 Subscription
Receipts. Subject to shareholder approval of the Control Person Resolution at the Feb ruary
28, 2025 AGM and the final acceptance of the TSX Venture Exchange , this investment
positions Mr. Sprott as a Control Person of Manganese X.
“This investment has received widespread support from shareholders and the public,”
Kepman stated. “We are inspired to welcome Mr. Eric Sprott to the Manganese X family. His
expertise and significant investment enhance our financial stability, accelerate progress on
the upcoming pre-feasibility study (PFS), and open doors to licensing and technology
opportunities.”
Looking ahead, Kepman added, “The anticipated shortage of high-purity manganese by 2030
positions us as a leader in supplying North America’s EV and energy storage markets. Our
efforts are driving innovation and advancing the sustainable evolution of the electric vehicle
industry.”
2025 Strategies and Goals
Pre-Feasibility Study (PFS)
o Initiate the PFS in Q2 to fast -track development and permitting of the Battery Hill
deposit.
o Conduct environmental, social, community, and geotechnical studies to support the
PFS.
o Complete life-cycle assessments to guide environmentally responsible decisions.
o Continue discussions and provide updates to First Nations in the project area.
Partnerships and Offtake Agreements
o Continue pre-qualification confirmations with C4V, a US battery technology leader,
that HPMSM meets specifications. In connection with signed non-binding MOU and
leading to potential offtake agreement.
o Secure additional non-binding offtake agreements and continue discussions with
potential customers.
Non-Provisional Patent Filing
• Advance to successful completion of non-provisional patent protection for high -purity
manganese technology to secure licensing opportunities and full patent protection.
Pilot Plant Validation
o Complete and refine Q1 validation of patent-pending technology for cost-effective
production.
End-User Testing
o Provide high -purity manganese samples for North American supply chain pre -
approval.
Demonstration Plant Financing
o Secure funding for a larger-capacity demonstration/processing plant.
2024 Highlights
MOU with C4V
o Signed a non -binding MOU with C4V for a potential offtake agreement, with
samples undergoing Gigafactory prequalification. Successfully completed phase
one of three pre-qualification processes.
Patent Progress
o Filed for non -provisional patent protection, paving the way for licensing
opportunities.
Pilot Plant Success
o Distributed HPMSM samples for EV-compliant testing.
Battery Hill Advancements
o Completed a successful drill program and initiated environmental studies to
advance the pre-feasibility stage.
By leveraging strategic partnerships, innovative technology, and sustainable practices,
Manganese X is positioned to address the growing demand for high -purity manganese in
North America’s EV and energy storage markets.
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, 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.
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 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 historical fact, included herein, without limitation,
statements relating to the future operations and activities of Manganese X, are forward -looking
statements. Forward-looking statements in this news release relate to the Company’s goals and
plans for 2025, including, among other items, its pilot plant project and PFS. There can be no
assurance that such 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 t he 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 conting encies. 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 th e securities of the
Company. Readers should not place undue reliance on the forward -looking statements.
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.