Tag: Manganese X

Manganese X Energy Corp. Acquires the Peter Lake Copper-Nickel-Cobalt Property in Quebec

MotherlodeTV
Maganese X Energy, V.MN
info

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) (the “Company” or “Manganese X “) announces that it has signed a Property Option Agreement (the “Agreement”) with a group represented by Mr. Francois Marcotte prospector as well as Guy Le Bel, Michel Delise and Rémi Charbonneau (the “Vendors”). The Vendors will continue to assist the Company by managing the exploration program guided by their significant knowledge of the Property in conjunction with our vice president of exploration Roger Dahn P. Geo. read more

Manganese X Accepts National Research Council Proposal to Potentially Upgrade Manganese Ore to Produce Battery Grade Material

MotherlodeTV
Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) ( “MN” or the “Company”). The Company is pleased to report that it recently received from the National Research Council (“NRC/CNRC”) a research proposal: “The potential of ore upgrading and purification techniques to produce battery grade material (high purity 99.999%).” read more

Manganese X Energy Corp.: Clarification of News Release dated June 14, 2018

JayCurrie
Maganese X Energy, V.MN
info

Montreal, Quebec–(Newsfile Corp. – June 15, 2018) – Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) ( “Manganese X” ) Manganese X wishes to clarify its latest News Release dated June 14th 2018. Mountain Springs Oil and Gas Limited (“Mountain Springs”) purchase price of their first oil and gas acquisition is $17.5 million dollars. Current annual positive cash flow from this project is estimated at $3,500,000. In addition Schlumberger’s technology will also be utilized on this acquisition to increase the daily output of production. Mountain Springs is in the process of evaluating additional acquisitions read more

Manganese X Corporate Update

MotherlodeTV
Maganese X Energy, V.MN
info

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) (“Manganese X”) Michael Duggan, President of Mountain Springs Oil and Gas Ltd (“Mountain Springs”), on Tuesday, June 12th, has informed Manganese X that Mountain Springs are in the final stages of their due diligence to acquire an oil and gas property located in Central Alberta yielding net approximately $3.5 million per year. Due Diligence and, if successful, possession of the property are expected to be completed in 30 – 45 days. Upon completion and possession of the property Mountain Springs has also indicated that a definitive agreement will be executed to sell Manganese X 15% interest in Mountain Springs as previously indicated in non-binding letter of intent. read more

Manganese X Corporate Update

MotherlodeTV
Maganese X Energy, V.MN

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 23rd 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. read more

Manganese X is Completing Due Diligence in Preparation for Final Agreement

To Acquire 15% Stake in Mountain Springs Oil and Gas Ltd
MotherlodeTV
Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2)(OTC Pink: SNCGF) ( “Manganese X” ) is pleased to announce that it is in the process of completing its due diligence investigation and is progressing to acquire a 15 % equity interest in Calgary based Mountain Springs Oil and Gas Ltd. (“Mountain Springs”). The purchase price will be $500,000 cash and 2,500,000 Manganese X Energy Corp. common Shares. read more

Manganese X Energy Announces Granting of Options

MotherlodeTV
Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) (the “Company“) is pleased to announce that the Company has granted 950,000 incentive stock options to various Directors, Officers and Consultants. The options are exercisable at $0.20 per option for a period of 2 years from the date of grant and have no vesting conditions. The options are being issued under the terms of the Company’s Stock Option Plans which were approved by shareholders at the Company’s Annual General and Special Meeting on April 21, 2016. read more

Manganese X Negotiating Significant Oil and Gas Transaction

To Purchase Interest in Private Canadian Oil and Gas Company with Agreement for Breakthrough Schlumberger Technology for Enhancing Oil and Gas Production
MotherlodeTV
Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE:9SC2)(OTC Pink: SNCGF) ( “Manganese X” ) is currently in negotiations to purchase an interest in a privately owned Canadian Oil and Gas company (“Privateco”). Privateco has a contract with Schlumberger Limited, an oil and gas services company ( SLB on the NYSE market cap $92.2 billion US.) to utilize a newly developed technology that increases oil and gas yields. Privateco will utilize this with their existing oil and gas properties as well as any future oil and gas acquisitions which have been approved by Schlumberger. Schlumberger will finance this implementation and receive 30% of the profits from the increased outputs. read more

Manganese X Updates Metallurgical Development Progress & Creation of Technology Division

MotherlodeTV
Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) (the “Company” or Manganese X ) committed itself in early 2017 to achieve a fundamental understanding of the mineralogical composition of the various manganese bearing zones within its Battery Hill deposit to assist in its metallurgical evaluations. With the use of scanning electron microscopy, or Qemscan, X-Ray Diffraction and other techniques, the company was able to build an extremely detailed portrait of the various ore types contained in the major zonal deposits, to a far greater level of comprehension than had been obtained since the first discovery of manganese in southern New Brunswick in 1836. read more