Montreal, Quebec--(Newsfile Corp. - February 10, 2026) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) ("Manganese X" or the "Company") is pleased to announce that the South African Patent Office has granted Manganese X a patent for its proprietary purification process of manganese sulfate, a critical material used in the production of lithium-ion batteries for electric vehicles ("EVs") and stationary energy storage systems.Manganese X CEO, Martin Kepman, said, "The accepta ...

Core Viewpoint - Manganese X Energy Corp. has received a patent from the South African Patent Office for its proprietary purification process of manganese sulfate, which is essential for lithium-ion batteries used in electric vehicles and energy storage systems [1][2]. Company Developments - The CEO of Manganese X, Martin Kepman, highlighted that the patent marks a significant milestone in the company's goal to become a vertically integrated North American supplier of battery-grade manganese [2]. - The patent enhances the company's intellectual property portfolio and supports its strategy to supply high-purity manganese sulfate to the growing lithium-ion battery market [2][5]. - Manganese X is currently conducting a pre-feasibility study to evaluate various processing routes for optimizing technical and economic performance [2]. Strategic Positioning - Manganese X has applied for patent protection in Canada, the United States, Mexico, and Australia, positioning itself strategically within a key global manganese jurisdiction [3]. - The company aims to develop a fully integrated North American critical minerals supply chain, leveraging South Africa's status as a major manganese producer [3]. Industry Context - High-purity manganese sulfate is a crucial precursor material for lithium-ion battery chemistries, including Nickel-Manganese-Cobalt (NMC) and emerging high-manganese technologies, which are vital for electric vehicles and energy storage systems [4]. - With the acceleration of global electric vehicle adoption and government focus on domestic critical mineral supply chains, Manganese X is advancing its role as a strategic supplier of battery-grade manganese [5]. Project Development - The company is focused on advancing its Battery Hill project in New Brunswick, Canada, which is one of the largest manganese carbonate deposits in North America [2][6]. - Manganese X aims to become the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high-purity manganese [6].

Core Viewpoint - Manganese X Energy Corp. has initiated a Prefeasibility Study (PFS) for its Battery Hill project, selecting ABH Engineering Inc. and GEMTEC Consulting Engineering and Scientists Ltd. to lead the study, which aims to optimize project economics and environmental stewardship [2][4][5]. Group 1: Project Overview - The PFS for the Battery Hill High Purity Manganese (HPMSM) project is set to begin immediately, with completion targeted for 2026 [3]. - The Battery Hill project is located near Woodstock, New Brunswick, Canada, and is one of the largest manganese carbonate deposits in North America, strategically positioned 15 km from the U.S. border [7]. Group 2: Engineering and Environmental Components - ABH Engineering will oversee major technical components of the PFS, including mine design, production scheduling, and overall project execution strategy [6]. - GEMTEC will handle environmental, geotechnical, hydrogeological, and community-impact assessments necessary for project advancement and permitting [6]. Group 3: Strategic Importance - The PFS aims to reflect high standards of environmental responsibility and technical rigor, optimizing the project's flowsheet to maximize long-term shareholder value [4][5]. - The project is positioned to become one of North America's first HPMSM production hubs, catering to the electric vehicle and energy-storage sectors [5]. Group 4: Company Mission - Manganese X aims to advance the Battery Hill project into production, becoming the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high purity manganese [9].

Core Points - Manganese X Energy Corp. has initiated its Battery Hill High Purity Manganese Prefeasibility Study (PFS) with the selection of ABH Engineering Inc. and GEMTEC Consulting Engineering and Scientists Ltd. [2][3] - The PFS is expected to be completed by 2026, focusing on optimizing project economics and ensuring environmental responsibility [3][4][5] Company Overview - Manganese X aims to advance its Battery Hill project into production, targeting to become the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high purity manganese [9] - The Battery Hill Project is located near Woodstock, New Brunswick, covering 1,225 hectares and is strategically positioned 15 km from the U.S. border [7] Engineering and Environmental Components - ABH Engineering will lead the technical aspects of the PFS, including mine design, production scheduling, and cost estimation, while GEMTEC will handle environmental and community impact assessments [5][6] - The PFS will incorporate recent advancements in processing flowsheet and ore sorting, along with updated geological input [8] Strategic Importance - The project is positioned to become a key production hub for high purity manganese in North America, supporting the EV and energy-storage sectors [5][9]

Core Insights - The urgency to establish a North American battery materials supply chain has been highlighted due to China's recent export controls on critical minerals [2][4] - China's new export regulations, effective November 8, 2025, will impact high-performance lithium-ion batteries and various cathode materials [3] - Manganese X Energy Corp. aims to position itself as a key supplier of high-purity manganese, essential for next-generation EV batteries [4][6] Industry Context - China's export controls represent a significant escalation in its control over critical materials, which are vital for the global electric vehicle (EV) and battery energy storage systems [4] - The geopolitical landscape for critical minerals is rapidly changing, prompting a shift towards self-sufficiency in battery material production in North America and Europe [6] Company Strategy - Manganese X's Battery Hill project in New Brunswick, Canada, is positioned to address the emerging supply gap for high-purity manganese [4] - The company is committed to supplying ethically sourced, high-quality manganese materials to reduce dependency on foreign processing, particularly from China [4][5] - Manganese X aims to become the first publicly traded manganese mining company in Canada and the US to commercialize EV-compliant high-purity manganese [7]

Core Insights - Manganese X Energy Corp. announced highly positive Phase 2 ore-sorting results, achieving an 80% increase in mill feed grade in its Battery Hill pilot program [2][5][7] - The ore-sorting process is expected to significantly reduce capital and operating costs, enhancing project economics [5][8] Group 1: Ore-Sorting Results - The pilot scale results indicate that the Battery Hill material is very amenable to ore sorting, with an 80% increase in manganese content per tonne after processing [2][3] - The ore-sorting program was conducted at RADOS Technologies lab in South Africa, processing over 400 kg of rock from the Battery Hill manganese deposit [4][6] - The study is part of the preparation for the upcoming Pre-Feasibility Study (PFS) scheduled to commence in Q3 2025 [6][10] Group 2: Economic Implications - The ore-sorting process is projected to deliver significant savings in capital expenditure (CAPEX) and operating costs (OPEX), which could positively impact the project's net present value (NPV) and internal rate of return (IRR) [5][8] - Higher-grade feed allows for a smaller facility to produce more metal, maximizing resource utilization and reducing environmental impact [8][10] - The results confirm the economic potential of the ore-sorting technology, supporting its integration into the company's operations [7][8]

Core Insights - Manganese X Energy Corp. reported highly positive Phase 2 ore-sorting results, achieving an 80% increase in mill feed grade in its Battery Hill pilot program [2][5][7] - The ore-sorting process is expected to significantly reduce capital and operating costs, enhancing project economics [5][8] Ore-Sorting Results - The ore-sorting program processed over 400kg of rock from the Battery Hill manganese deposit, confirming the material's suitability for ore sorting [4][6] - The increase in mill feed grade indicates that the processed material contains 80% more manganese per tonne than the original mined material [3][7] Economic Implications - The ore-sorting technology is projected to positively impact capital expenditure (CAPEX), operating costs (OPEX), and production costs per tonne, leading to improved project economics [5][7] - Higher-grade feed allows for smaller facilities to produce more metal, maximizing resource utilization and potentially improving project NPV and IRR [8] Future Plans - The study was conducted in preparation for the upcoming Pre-Feasibility Study (PFS) scheduled to commence in Q3 2025, with ongoing discussions about integrating ore sorting into the PFS program [6][10]

Core Insights - Globex Mining Enterprises Inc. has received a final payment of $3 million from Agnico Eagle Mines Limited for the purchase of the Francoeur/Arntfield/Lac Fortune Gold Mines Property in Quebec, retaining a 2% Gross Metal Royalty on all production from the property [1] - The company also received a $50,000 annual advance royalty payment from Renforth Resources Inc. related to the Parbec Gold Property, which has a Measured and Indicated Resource of 9.61 million tonnes grading 0.86 g/t Au and an Inferred Resource of 2.55 million tonnes grading 1.18 g/t Au, with Globex retaining a 3% Gross Metal Royalty [2] - Manganese X Energy Corp. delivered an annual $20,000 advance royalty payment for the Battery Hill Manganese deposit, which has a Measured and Indicated Resource of 34.86 million tonnes grading 6.42% Mn, and Globex retains a 1% Gross Metal Royalty on this property [3]

Core Viewpoint - Manganese X Energy Corp. has successfully converted $2.1 million in subscription receipts into units, with significant investment from Eric Sprott, marking a key step in advancing its Battery Hill Project [1][2][4]. Group 1: Offering Details - The company closed a $2,100,000 offering of 60,000,000 subscription receipts at a price of $0.035 each on January 28, 2025 [1]. - 57,142,857 subscription receipts were issued to 2176423 Ontario Ltd., controlled by Eric Sprott, generating gross proceeds of $2,000,000 [2]. - Each unit consists of one common share and one-half of a share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.06 for 36 months [3]. Group 2: Escrow Release Conditions - The escrowed funds were released to the company after satisfying the escrow release conditions, which included shareholder and TSX Venture Exchange approval for Eric Sprott to become a control person [4]. - The company secured shareholder approval during its annual and special meeting on February 28, 2025 [4]. Group 3: Use of Proceeds - Proceeds from the offering will support the advancement of the Battery Hill Project, including a pre-feasibility study, with some funds allocated for general working capital [6]. - The company confirmed that no proceeds will be used for payments to non-arm's length parties or investor relations activities [6]. Group 4: Company Mission - Manganese X aims to advance its Battery Hill project into production, becoming the first publicly traded manganese mining company in Canada and the US to commercialize high purity manganese for the EV market [7]. - The company intends to supply value-added materials to the lithium-ion battery and alternative energy industries while pursuing carbon-friendly methodologies and competitive cost processing [7].