Manganese X shares eligible for DTC trading in U.S.

Nov 3, 2020

2020-11-02 16:44 ET – News Release

Mr. Martin Kepman reports

MANGANESE X RECEIVES ELIGIBILITY FOR DTC TRADING IN THE U.S.

Manganese X Energy Corp.’s common shares are now eligible for electronic clearing and settlement through the Depository Trust Company. DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States.

Receiving DTC eligibility increases the speed of receiving stocks and cash and accelerates the settlement process for investors.

Martin Kepman, chief executive officer of Manganese X, comments: “DTC eligibility provides access to a broader base of investors in North America, particularly in the U.S., and heightens our visibility in the capital markets thereby improving our share liquidity.

“We are working on a made-in-the-USA air management and control system complemented by our U.S. patent for bacteria and virus mitigation and we believe this will resonate well with U.S. investors. Additionally, we have a manganese property currently being drilled that is only a few miles from the U.S. border. It is important to note there are no other manganese properties in North America moving to commercialization like Manganese X.”

About Manganese X Energy Corp.

Manganese’s X mission is to acquire and advance high potential manganese mining prospects located in North America with the intent of supplying value-added materials to the lithium ion battery and other alternative energy industries. In addition, the company is striving to achieve new methodologies emanating from environmentally and geographically ethical and friendly green/zero-emissions technologies, while processing manganese at a lower competitive cost.

We seek Safe Harbor.

https://www.manganesexenergycorp.com/