Mr. Martin Kepman reports

MANGANESE X ADVANCES IN US BATTERY LEADER C4V VALIDATION TESTING PROGRAM

Manganese X Energy Corp.'s high-purity manganese sample, being validated for commercial-level qualification by U.S. battery leader C4V for its Gigafactory joint ventures, has passed the first step of C4V's electric vehicle battery cathode compliance standard testing, leading to the next round of testing.

Manganese X's high-purity manganese sample is being qualified through C4V's digital DNA supply chain qualification program as part of the non-binding memorandum of understanding the companies signed in early 2024 (see the news release dated Jan. 10) leading to a potential offtake deal from Manganese X's Battery Hill high-purity manganese project in Woodstock, N.B., Canada.

The sample passed C4V's phase 1-A validation requirements and is currently in the next phase of testing, phase 1-B, which consists of coin cell testing. Phase 1-B validation work will evaluate the initial performance of the product in terms of capacity, stability and functional capacity evaluation.

Manganese X chief executive officer Martin Kepman commented: "We're making strides, progressing through C4V's multiphased validation process, bringing us closer to securing a binding offtake deal for our Battery Hill project. We are confident in the quality of our high-purity manganese product and its potential to meet C4V's EV compliance standards for Gigafactory joint ventures."

C4V is a U.S. battery technology company and a global leader in renewable battery technology, as well as involved in some of the world's largest Gigafactory developments.

About Manganese X Energy Corp.

Manganese X's mission is to advance its Battery Hill project into production, thereby becoming the first public actively traded manganese mining company in Canada and the United States to commercialize electric-vehicle-compliant high-purity manganese. Manganese has recently been added to Quebec's list of critical metals owing to its significance in emerging battery technologies. The North American supply chain is currently dependent on overseas sources for manganese. The company intends on supplying value-added materials to the lithium-ion battery and other alternative energy industries, as well as striving to achieve new carbon-friendly more efficient methodologies, while processing manganese at a lower competitive cost.

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