Manganese X Energy Corp.: Manganese X Announces Arrangement Agreement to Complete Spin-Out of Lac Aux Bouleaux Graphite Property, and Completion of Graphano Private Placement
Manganese X Energy Corp.: Manganese X Announces Arrangement Agreement to Complete Spin-Out of Lac Aux Bouleaux Graphite Property, and Completion of Graphano Private Placement (TSXV: MN) (FSE: 9SC2) (OTC Pink: MNXXF) (" Manganese X" or the " Arrangement Agreement") with its wholly-owned subsidiary, Graphano Energy Ltd. (" Graphano"), to spin out its Lac Aux Bouleaux graphite property, located in the province of Quebec (the " LAB Graphite Property"). Further, the Company is pleased to announce that, in connection with the Arrangement (as defined below), Graphano completed a private placement o...