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17.03.2020
Montréal, Québec, Canada, March 17 2020 -- Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) (“Manganese” or the “Company”) today announced its intention to complete a spin-out of its Lac Aux Bouleaux Graphite Property (the “LAB Graphite Property”), located in the Province of Québec, into a separate, yet-to-be-formed publicly-traded company (“Pubco”). The spin-out transaction (the “Transaction”), which is expected to be completed in the third quarter of 2020, is intended to enable the Company to maximize its focus and provide it with the ... [ more ]