Manganese X Energy Advances to Final Phase of C4V Battery Qualification Program Following Initial Performance Validation
Montreal, Quebec–(Newsfile Corp. – June 16, 2026) – Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) („Manganese X“ or the „Company„) is pleased to provide an update on its battery materials qualification program with Charge CCCV LLC („C4V„). The Company’s high-purity manganese material has advanced to Phase 3, the final stage of C4V’s battery qualification program: Multi-Layer Full Pouch Cell Evaluation. This commercial-level testing is part of C4V’s Digital DNA Supply Chain Qualification Program.
C4V has informed the Company that its initial engineering analysis indicates Manganese X’s high-purity manganese material meets the initial rigid specifications and performance requirements for advancement to this final testing phase. The Phase 3 Multi-Layer Full Pouch Cell Evaluation is expected to take approximately six months, with interim performance updates anticipated during the program.
Manganese X’s battery-grade manganese material is sourced from its Battery Hill project, one of the largest manganese deposits in North America. The Battery Hill project is at prefeasibility stage and is located near Woodstock, New Brunswick, Canada.
CEO Martin Kepman stated, „Receiving confirmation that our high-purity manganese material has met Phase 3’s initial stringent specifications and performance requirements, reinforces our confidence in Battery Hill’s ability to supply a critical material for the North American electric vehicle battery and energy storage markets. This important advancement brings us closer to establishing a strategic partnership with C4V and may support future commercial discussions, including possible offtake agreements. Our material’s durability and stability could potentially set a new benchmark for battery performance. We are excited to advance into Phase 3 testing to further demonstrate its commercial application.“
Phase 2 testing with U.S. battery technology innovator C4V delivered strong results, with 70% capacity retention after 4,600 cycles. Based on the Company’s understanding of industry benchmarks, this indicates better cycle life than conventional NMC-based EV battery chemistries and compares favourably with Lithium Iron Phosphate (LFP) and Lithium Manganese Iron Phosphate (LMFP) chemistries. These findings highlight the potential of Manganese X’s high-purity, battery-grade manganese as a strategic material for the global Electric Vehicle and Battery Energy Storage System (BESS) markets.
Phase 3 Testing:
Phase 3 of C4V’s qualification program, is evaluating the Battery Hill material in multilayer pouch cells (3Ah design) to meet end-user product requirements. Successful results from this final phase will further validate the material’s performance in advanced battery designs, paving the way for commercial adoption.
About Manganese X Energy Corp.
On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.
Martin Kepman
CEO and Director
Email:
Tel: 1-514-802-1814
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.
Cautionary Note Regarding Forward-Looking Statements:
This news release contains „forward-looking information“ and „forward-looking statements“ within the meaning of applicable Canadian securities laws. Forward-looking information in this news release includes, but is not limited to, statements regarding the anticipated use of proceeds from the warrant exercise, the advancement of the Company’s Battery Hill Project, the Company’s plans, objectives, expectations and future activities, and the potential impact of the warrant exercise on the Company’s business and operations.
Forward-looking information is often, but not always, identified by words such as „anticipates“, „expects“, „intends“, „plans“, „believes“, „estimates“, „projects“, „potential“, „target“, „scheduled“, „forecast“, „budget“, „may“, „will“, „could“, „would“, „should“, „might“, „continue“ and similar words or expressions, or statements that certain events, conditions or results „may“, „could“, „would“, „might“ or „will“ occur or be achieved. Forward-looking information is based on the opinions, estimates and assumptions of management as of the date such statements are made, including assumptions regarding the Company’s ability to use the proceeds as currently anticipated, the availability of required personnel, equipment and services, market conditions, regulatory matters, exploration and development plans, and the Company’s ability to continue advancing the Battery Hill Project.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, risks associated with mineral exploration and development, changes in project parameters as plans continue to be refined, the availability and cost of financing, commodity price fluctuations, market conditions, regulatory and permitting risks, environmental risks, operational risks, title risks, supply chain and labour availability, general economic conditions, and other risks inherent in the Company’s business and the mineral exploration industry.
Although the Company believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that such assumptions or expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
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