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Manganese X Energy Corp. (MN) | News & Upcoming Events. 12/07/ · Manganese X Energy Corp. Rue Graveline, Saint-Laurent QC H4T 1R3. Email: [email protected] Phone: 1 () Legal Counsel. Garfinkle Biderman LLP Barristers & Solicitors. HOT NEWS. Manganese X Energy Corp. – . 18/05/ · Manganese X Energy Corp News Report for Investors in Plain Words from CEO Martin Kepman GlobeNewswire FEB 23, AM EST Saint-Laurent, Feb. 23, (GLOBE NEWSWIRE) — Manganese X Energy announced an arrang. 16/06/ · Manganese X Energy Corp News Report for Investors in Plain Words from CEO Martin Kepman heathmagic.de – February 23 at PM: Manganese X Energy Discusses An Electrifying Future For Manganese with The Stock Day Podcast heathmagic.de – February 19 at AM.
Top tips to make huge savings via a little-known relief if you are buying a property with an annexe. TSXV: MN FSE: 9SC2 OTCQB: MNXXF „Manganese X“, „MN“ or the „Company“ is pleased to announce an update and results from its ongoing processing and metallurgical studies. Manganese X, together with Kemetco Research Inc. Battery Hill project mineral resource estimate consists of Sensitivity analysis of the Battery Hill deposit to cut-off grade indicates As part of the ongoing PEA, project economics will be maximized by optimizing production schedules and starter pit outlines towards higher grade material such as above.
The large mineral resource base underlines the project’s potential to sustain long term production. Significant reduction in reagent consumptions have been observed during the leach process, which will result in significant cost reductions as well as permitting and environmental benefits. Streamlining within the purification process to produce high purity manganese products will also significantly reduce overall processing operating costs.
Purification results are improved with extremely low levels of base and alkali metal contaminants. The above positive results and improving efficiencies in the processing flowsheet clearly enhance the opportunity for commercialization. Patent applications are planned to protect the innovative processing flowsheet being developed on behalf of the Company by Kemetco.
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Manganese X, together with Kemetco Research Inc. With the improving cost efficiencies in our MnSO4 processing coupled with our upcoming PEA, the company is advancing towards the goal of becoming a North American battery materials supplier to the North American EV industry. As we know, Tesla is moving to high-purity-manganese as a primary raw material for its batteries.
We are fully focussed on taking advantage of this development, as well as other unfolding and expanding markets. Our team is also working relentlessly and will spare no efforts to achieve our goal to become the first manganese mining operation in Canada and the USA. We are working and continuing to work with Government agencies to achieve and accelerate our objectives.
The Company has received additional favourable Phase 3 metallurgical leach optimization and purification results, improving flowsheet optimization, which will lead to significant cost savings in producing high grade battery products for the EV and battery energy storage industries. Leach optimization has been identified as a high priority for evaluating economic factors such as reagent consumptions and expected extraction rates.
Kemetco continues to reduce steps in the processing flowsheet and has achieved further upgrades in both the leaching and purification processes. A very significant milestone was achieved by reducing the consumption of reagents that would result in major cost benefits.
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Vancouver, British Columbia– Newsfile Corp. Manganese X, together with Kemetco Research Inc. Improved flowsheet optimisation demonstrates significant cost savings in the production of high grade battery material for the EV and stored energy space. Cannot view this video? For more information, please view the InvestmentPitch Media “ video “ which provides additional information about this news and the company, along with some video comments by Martin Kepman, CEO.
If this link is not enabled, please visit www. The manganese deposits are located approximately 5 kilometers northwest of the town of Woodstock and are easily accessible from the Trans-Canada highway via all-weather roads. The property encompasses all or part of four manganese zones, being the Iron Ore Hill, Moody Hill, Sharpe Farm and Maple Hill zones.
In July, the company issued the first Mineral Resource Estimate for its Battery Hill project which consisted of Leach optimization has been identified as a high priority for evaluating economic factors such as reagent consumptions and expected extraction rates. Kemetco continues to reduce steps in the processing flowsheet and has achieved further upgrades in both the leaching and purification processes.
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Montreal – Manganese X Energy Corp. TSXV: MN FSE: 9SC2 OTCQB: MNXXF ‚Manganese X‘ or the ‚Company‘ , further to the Press Release dated May 20, , is pleased to provide an update regarding the proposed timing of the previously-announced statutory plan of arrangement with Graphano Energy Ltd. As of the date of this Press Release, the Company and Graphano are awaiting conditional approval from the TSX Venture Exchange ‚TSXV‘ for Graphano to list on the TSXV on a post-spin-out basis under the tentative trading symbol GEL.
The conversion of the Subscription Receipts is subject to the satisfaction or waiver of certain customary escrow release conditions the ‚Escrow Release Conditions‘ , including receipt of conditional approval from the TSXV, on or prior to June 30, the ‚Outside Date‘. Graphano received a comment letter from the TSXV on June 4, , which it responded to and believed to have fully satisfied the requirements of the TSXV at the time of the response, which would allow them to meet the Escrow Release Conditions prior to the Outside Date.
Unfortunately, the TSXV sent an additional comment letter dated June 22, , which means that Graphano will be unable to meet the Escrow Release Conditions prior to the Outside Date. Graphano is currently in the process of seeking approval from subscription receipt holders to extend the Outside Date to August 31, Manganese X’s mission is to advance its Battery Hill project into production, with the intent of supplying value-added materials to the lithium-ion battery and other alternative energy industries.
The company is also striving to achieve new carbon-friendly more efficient methodologies, while processing manganese at a lower competitive cost. The company is moving toward commercialization of a manganese deposit in Canada. Subsidiary Disruptive Battery’s mission is to develop an HVAC air purification delivery system for cleaner and healthier air, aiming to mitigate COVID and other contaminants on surfaces and in the air.
Certain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements.
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Sign up for the Canada Weekly Brief and get all you need to know delivered right to your inbox. There’s no doubt that money can be made by owning shares of unprofitable businesses. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. In light of its strong share price run, we think now is a good time to investigate how risky Manganese X Energy’s cash burn is.
In this report, we will consider the company’s annual negative free cash flow, henceforth referring to it as the ‚cash burn‘. First, we’ll determine its cash runway by comparing its cash burn with its cash reserves. Check out our latest analysis for Manganese X Energy. A company’s cash runway is calculated by dividing its cash hoard by its cash burn. That means it had a cash runway of around 23 months as of March That’s not too bad, but it’s fair to say the end of the cash runway is in sight, unless cash burn reduces drastically.
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There’s no doubt that money can be made by owning shares of unprofitable businesses. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets. Given its strong share price performance, we think it’s worthwhile for Manganese X Energy shareholders to consider whether its cash burn is concerning. For the purpose of this article, we’ll define cash burn as the amount of cash the company is spending each year to fund its growth also called its negative free cash flow.
First, we’ll determine its cash runway by comparing its cash burn with its cash reserves. View our latest analysis for Manganese X Energy. A company’s cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. So it had a cash runway of approximately 23 months from March That’s not too bad, but it’s fair to say the end of the cash runway is in sight, unless cash burn reduces drastically.
Depicted below, you can see how its cash holdings have changed over time. Because Manganese X Energy isn’t currently generating revenue, we consider it an early-stage business.
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Manganese X Energy Corp. The Fraser Institute has recently called New Brunswick one of the best mining jurisdiction in Canada, a country known to be mining friendly. The Battery Hill property consists of 55 claims totaling 1, hectares located in Carlton County, New Brunswick. It encompasses all or part of five manganese zones, Iron Ore Hill, Moody Hill, Sharpe Farm, Wakeield and Maple Hill.
See profile. MANGANESE: THE CLEAR CHOICE OF THE FUTURE Manganese X Energy Corp. Manganese X Energy Corp MINING THE FUTURE. Stories: News – Press Releases – Blogs. June Investing in Manganese – Future-Friendly Mining Idea Explains Martin Kepman CEO of Manganese X Energy!
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23 Apr MANGANESE: Manganese X hires firm for Battery Hill PEA 16 Feb MANGANESE: New Brunswick drilling hits wide zones of manganese oxide 05 Feb MANGANESE: Tests extract 99% manganese from Wenden Stockpile. 23/02/ · Manganese X Energy Announces Warrant Listing “January 20, , ,, common share purchase warrants (the “ Warrants „) will commence trading Author: Manganese X Energy Corp.
Manganese X Energy Corp. MNXXF Primary Symbol: V. MN Alternate Symbol s : V. The Market Herald Price Sensitive. Join the community and start posting on the bullboards today. It’s free. You are already a member! Please enter your password to sign in. Remember me.