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4-Traders Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Manganese X Energy Corp    SNCGF   CA5626781028

MANGANESE X ENERGY CORP (SNCGF)
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Delayed Quote. Delayed  - 06/20 08:37:46 pm
0.0889 USD   -23.63%
06/15MANGANESE X ENE : Clarification of News Release dated June 14, 2018
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06/14Manganese X Corporate Update
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04/26Manganese X Corporate Update
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Manganese X Energy Corp.: Clarification of News Release dated June 14, 2018

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06/15/2018 | 06:10am CEST

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

About Manganese X Energy

Manganese X Energy's mission is to acquire and advance high potential manganese prospects located in North America with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries as well as the steel industry. In addition, our company is striving to achieve new methodologies emanating with environmentally friendly green/zero emissions processes and producing manganese at a lower competitive cost.

For more information, visit the website at www.manganesexenergycorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Martin Kepman
CEO and Director
[email protected]
1-514-802-1814

Cautionary Note Regarding Forward-Looking Statements:

Neither 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.

This news release contains "forward-looking information" including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company's filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information


© Newsfilecorp 2018
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Chart MANGANESE X ENERGY CORP
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Manganese X Energy Corp Technical Analysis Chart | SNCGF | CA5626781028 | 4-Traders
Managers
NameTitle
Martin Kepman President, Chief Executive Officer & Director
Jacques Arsenault Chief Financial Officer
Stephen Roebuck Independent Director
Mark Anthony Billings Director
Luisa Moreno Director
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