Montreal, Quebec--(Newsfile Corp. - January 26, 2026) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) ("Manganese X" or the "Company") supports the formation of G7-anchored buyer's clubs for critical minerals, a strategy aimed at securing allied, ethical and resilient supply chains for the global energy transition presented by Canadian Prime Minister Mark Carney at the recent World Economic Forum in Davos. The G7 buyer's clubs' approach is designed to aggregate demand and s ...

Core Viewpoint - Manganese X Energy Corp. supports the formation of G7-anchored buyer's clubs for critical minerals to secure ethical and resilient supply chains for the global energy transition [1][2]. Group 1: G7 Buyer's Clubs - The G7 buyer's clubs aim to aggregate demand and support long-term offtake commitments, enhancing demand certainty and reducing financing risk for credible producers [2]. - This strategy signifies a shift from spot markets to long-term strategic contracting for critical mineral supply [2]. Group 2: Impact on Battery Materials Sector - The establishment of G7-anchored critical minerals buyer's clubs could significantly benefit the battery materials sector by accelerating the development of localized, traceable, and ESG-compliant battery-grade manganese [3]. - Manganese X is currently engaged in a prefeasibility study for its Canadian Battery Hill manganese project, aligning with this strategic initiative [3]. Group 3: Battery Hill Project - The Battery Hill project in New Brunswick, Canada, is strategically located with access to clean power and established infrastructure, containing one of the largest manganese carbonate deposits in North America [4]. - Battery-grade manganese is increasingly recognized as essential for electric vehicles and energy storage systems, with high-purity processing capacity being limited [5]. Group 4: Importance of Critical Minerals - Critical minerals, including manganese, are foundational to modern economies, supporting electric vehicles, energy storage, renewable power generation, and advanced manufacturing [6]. - Despite geological abundance, supply-chain risks are heightened due to concentrated refining and processing capacities often located outside G7 jurisdictions [6]. Group 5: Company Activities - Manganese X is advancing its exploration activities, engineering studies, process optimization, and strategic engagement with industry and government stakeholders [7]. - The company's mission is to advance the Battery Hill project into production, aiming to become the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high-purity manganese [8].