공시 • Oct 31
Manganese X Energy Corp. Announces the Appointment of Desmond Tranquilla to Its Board of Directors, Effective October 29, 2025 Manganese X Energy Corp. announced the appointment of Desmond Tranquilla, P.Eng., to its Board of Directors, effective October 29, 2025. Mr. Tranquilla, a native of New Brunswick and a graduate of the University of New Brunswick, is a seasoned mining executive with over 32 years of experience in project management, mine construction, operations, and strategic development. He has held senior leadership roles with major mining and engineering firms, including Canada Nickel Company Inc., SNC-Lavalin North America, Ausenco Canada, AMEC Americas, and Detour Gold Corporation. Presently serving as Vice President, Projects for Canada Nickel Company, Mr. Tranquilla played a key role in advancing the Crawford Nickel Project. His career highlights include leadership in delivering major capital projects such as Vale's CAD 1.6 billion Atmospheric Emission Reduction Project, Detour Gold Corporation's CAD 1.5 billion Detour Lake Project, Potash Corporation of Saskatchewan's Cory Red Product Expansion and Piccadilly Mine Projects. He brings broad expertise across all stages of the project lifecycle from early scoping and feasibility through design, construction, commissioning, and operations across both greenfield and brownfield developments in North America. Mr. Tranquilla's extensive technical and operational background will be invaluable as Manganese X advances its Battery Hill High-Purity Manganese Project toward completion of its Pre-Feasibility Study ("PFS") and continues to strengthen its position within the North American EV battery supply chain. The appointment of Desmond Tranquilla to the Board of Directors of the Company is subject To Approve the TSX Venture Exchange. New Risk • Jun 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$13.9m market cap, or US$10.2m). New Risk • May 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.9m (US$9.32m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.9m market cap, or US$9.32m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). 공시 • Apr 11
Manganese X Energy Corp. Reports Final Battery Hill Drill Results in Advance of Pre-Feasibility Study Manganese X Energy Corp. announced the final results of its recently completed Battery Hill pre-feasibility manganese diamond drilling program, marking a key milestone before commencing its Pre-Feasibility Study ("PFS"). Manganese X CEO Martin Kepman said, "The Pre-Feasibility Study is a strategic step in advancing mine permitting, de-risking the project, and guiding forward planning. latest drill program, along with upcoming community engagement and environmental and geotechnical studies, plays a key role in this process". Assays from 12 drill holes totaling 1,393 metres have been received, bringing total drilling at the Company's 100%-owned Battery Hill project near Woodstock, New Brunswick, to 104 drill holes totaling approximately 17,000 metres since 2016. The program focused on infill and expansion drilling to upgrade inferred resources to measured and indicated categories, supporting the upcoming PFS. Significant resource increases are anticipated, driven by the newly discovered Moody Northwest Zone and the extended Sharpe Farm Zone, which returned mineralization up to 72.6 metres (238 ft) in core thickness. A new National Instrument ("NI 43-101") compliant mineral resource estimate by Mercator Geosciences is underway. Drilling Results. Assays have been received from all 12 drill holes spanning 1,393 metres in the Moody Hill and Sharpe farm sectors. The results confirm strong mineralization in key areas: Key Highlights: SF24-96: 12.5m @ 13.62% MnO from 41.5m and 13.3m @ 14.9% MnO. SF24-98: 72.6m @ 11.29% MnO from 11m, including 42.1m @ 13.3% MnO from 5m. SF24-101: 16m @ 13% MnO from 8m, and 51.5m @ 12.57% MnO from 136m. SF24-102: 24.2m @ 9.3% MnO from 6.8m, 16.8m @ 10.89% MnO from 53.4m, and 35.6m @ 14.6% MnO from 87.2m. SF24-103: 32m @ 11.6% MnO from 27m. New Risk • Mar 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$17.2m market cap, or US$11.9m).