Financings
Manganese X Energy to Present at the June 16 Energy & Precious Metals Virtual Investor Summit
Manganese X consolidates near support as Sprott backing and a positive pre-feasibility study timeline anchor near-term sentiment.

Executive Summary
- Manganese X Energy Corp. announced that CEO Martin Kepman will present at the Energy & Precious Metals Virtual Investor Summit on June 16, 2026.
- The release reiterates the C$1.71 million financing secured from the early exercise of 28.57 million warrants by strategic investor Eric Sprott, bringing his ownership to approximately 35% of outstanding shares.
- Management highlighted that the Battery Hill Pre-Feasibility Study (PFS) remains on track for completion in fall 2026.
- The company noted that its battery-grade manganese material has advanced to the final Phase 3 qualification testing stage with U.S. battery innovator C4V, following successful Phase 2 results showing 70% capacity retention after 4,600 cycles.
Material Impact
- The June 11 release functions primarily as a conference presentation announcement and a recap of previously disclosed milestones.
- The $1.71 million warrant exercise was already announced on June 4, 2026, and the Phase 2 battery test results were reported in September 2025.
- No new financial data, revised timelines, or unexpected strategic partnerships are introduced.
- The announcement serves to maintain investor visibility ahead of the June 16 summit and reaffirms management's confidence in the PFS and battery qualification pathways.
- Impact is incremental and expected, aligning with a Routine - Positive classification.
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Company Overview
- Manganese X Energy Corp. is a critical minerals developer focused on becoming a vertically integrated North American supplier of battery-grade high-purity manganese.
- Flagship Project: Battery Hill High-Purity Manganese Project, located near Woodstock, New Brunswick.
- The asset is recognized as one of the largest manganese carbonate (MnCO3) deposits in North America.
- Strategic advantages include direct access to road, rail, deep-water ports, and proximity to the U.S. border and the St. Lawrence Seaway.
- The company is developing proprietary purification technologies, supported by granted patents in South Africa and the U.S., with applications pending in Canada, Mexico, and Australia.
- Operational focus includes ore sorting optimization, metallurgical testing with Kemetco Research, and advancing the PFS to define economic and environmental pathways.
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Jun 16, 2026 · 00:16