Manganese X Energy Announces Granting of Options
April 3, 2017 (Source) — Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC PINK: SNCGF) (the “Company“) is pleased to announce that the Company has granted 1,000,000 incentive stock options to various Directors, Officers and Consultants. The options are exercisable at $0.155 per option for a period of 3 years from the date of grant and have no vesting conditions. The options are being issued under the terms of the Company’s Stock Option Plans which were approved by shareholders at the Company’s Annual General and Special Meeting on April 21, 2016. The Option Plan has been submitted, in the normal course to the TSX Venture Exchange for approval and no options can be exercised prior to the receipt of this approval.
About Manganese X Energy
Manganese X Energy’s mission is to acquire and advance high potential manganese prospects located in North America with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries as well as the steel industry. In addition our company is striving to achieve new methodologies emanating from environmentally friendly green/zero emissions, while processing manganese at a lower competitive cost.
For more information, visit the website at www.manganesexenergycorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
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SOURCE: Manganese X Energy Corp.
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