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Manganese X Energy Corp. Supports G7 Critical Minerals Buyer’s Clubs Strategy Addressed by Prime Minister Mark Carney at World Economic Forum in Davos

Corporate Updates

Manganese X Energy Corp. Supports G7 Critical Minerals Buyer’s Clubs Strategy

Addressed by Prime Minister Mark Carney at World Economic Forum in Davos

Montreal, Quebec – January 26, 2026 – Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC)

(TRADEGATE: 9SC) (OTCQB: MNXXF) (“Manganese X” or the “Company”) supports the

formation of G7-anchored buyer’s clubs for critical minerals, a strategy aimed at securing allied,

ethical and resilient supply chains for the global energy transition presented by Canadian Prime

Minister Mark Carney at the recent World Economic Forum in Davos.

The G7 buyer’s clubs’ approach is designed to aggregate demand and support long-term offtake

commitments, providing credible producers with greater demand certainty, improved project

bankability, and reduced financing risk. The strategy reflects a broader shift from spot markets

toward long-term strategic contracting for critical mineral supply.

“The formation of G7-anchored critical minerals buyer’s clubs would be a potential game-

changer for the battery materials sector, accelerating the development and supply of localized,

traceable and ESG-compliant battery-grade manganese. It is a brilliant strategy that Manganese

X fully supports especially since Manganese X is in the throes of our Canadian Battery Hill

manganese prefeasibility study,” said Manganese X CEO Martin Kepman.

Manganese X’s Battery Hill manganese project in New Brunswick, Canada, is strategically

positioned with access to clean power, established infrastructure, and proximity to North

American and allied markets.

Battery Hill contains one of the largest manganese carbonate deposits in North America.

Battery-grade manganese is increasingly recognized as a key input for electric vehicles and

energy storage systems. High-purity processing capacity remains constrained, creating a

strategic opportunity for projects located in stable, G7-aligned jurisdictions.

Critical minerals—including manganese—are foundational to modern economies, underpinning

electric vehicles, energy storage systems, renewable power generation, and advanced

manufacturing. While many of these minerals are geologically abundant, supply-chain risk

remains elevated due to concentrated refining and processing capacity, often located outside G7

jurisdictions.

Manganese X is continuing to advance its exploration activities, engineering studies, process

optimization, and strategic engagement with industry and government stakeholders.

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 U.S. 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 Company’s 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 the 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 statements regarding: the timing, scope, and complet ion of the

Company’s prefeasibility study, and expected project economics; environmental, technical, and operational

outcomes; exploration activities and the Company’s development strategy; and the Battery Hill Project’s

potential to become a high-purity manganese production hub in North America. 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 t he 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 uncer tainties 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+

(www.sedarplus.ca), 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.

Manganese X does not assume any obligation to update the forward-looking statements if beliefs, opinions,

projections, or other factors, should change, except as required by applicable securities laws.