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Tag Archives: manganese

Manganese X Announces Closing of Strategic Investment

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2 (OTC Pink: MNXXF ) ("Manganese" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $1,530,000 through the issuance of 6,000,000 units (a "Unit" or "Units") of the Company at $0.255 per Unit (the "Offering") to a strategic investor. Each Unit is comprised of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Warrant") being exercisable into one Common Share at a price of $0.40 per share for a period of two (2) years following closing.
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