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Manganese X Energy Corp. Kicks Off Battery Hill Prefeasibility Study, Selecting ABH Engineering Inc. and GEMTEC Consulting Engineering and Scientists Limited

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Manganese X Energy Corp (OTCQB: MNXXF) has kicked off a Prefeasibility Study (PFS) for its Battery Hill High Purity Manganese project, selecting ABH Engineering to lead technical work and GEMTEC to manage environmental, geotechnical and community components.

Work starts immediately with completion targeted for 2026. The PFS will integrate an optimized processing flowsheet, ore sorting enhancements and recent metallurgical results, while leveraging Battery Hill's site advantages: 1,225 hectares, 54 claims, located 15 km from the U.S. border and 5 km from the Trans-Canada Highway.

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Positive

  • PFS work started immediately with 2026 completion target
  • ABH to lead technical PFS including mine design and cost estimation
  • GEMTEC to lead environmental, geotechnical and community engagement
  • PFS will incorporate optimized flowsheet and metallurgical achievements

Negative

  • PFS completion is only targeted for 2026, implying schedule uncertainty

News Market Reaction

+2.82%
1 alert
+2.82% News Effect

On the day this news was published, MNXXF gained 2.82%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

PFS completion target: 2026 Project area: 1,225 hectares Claims: 54 claims +5 more
8 metrics
PFS completion target 2026 Targeted completion year for Battery Hill Prefeasibility Study
Project area 1,225 hectares Battery Hill site size near Woodstock, New Brunswick
Claims 54 claims Number of mineral claims covering Battery Hill project
Distance to U.S. border 15 km Proximity of Battery Hill project to U.S. border
Distance to Trans-Canada Highway 5 km Road access for Battery Hill project
Current price $0.0807 Price before PFS kick-off news
52-week high $0.1291 Pre-news 52-week high level
52-week low $0.0187 Pre-news 52-week low level

Market Reality Check

Price: $0.1141 Vol: Volume 21,184 is well bel...
low vol
$0.1141 Last Close
Volume Volume 21,184 is well below 20-day average 73,692, indicating muted trading interest pre-announcement. low
Technical Price 0.0807 is trading above 200-day MA at 0.06, suggesting a longer-term uptrend into this news.

Peers on Argus

MNXXF fell 1.36% while peers were mixed: ARLYF -16.48%, FANCF -9.52%, GARWF +4.5...

MNXXF fell 1.36% while peers were mixed: ARLYF -16.48%, FANCF -9.52%, GARWF +4.53%, MGPHF +6.3%, SEHKF flat. Moves do not show a unified sector trend.

Historical Context

5 past events · Latest: Dec 03 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 03 PFS launch (retransmission) Positive +2.8% Rebroadcast of Battery Hill PFS launch and scope details for ABH and GEMTEC.
Dec 03 PFS launch Positive +2.8% Kick-off of Battery Hill PFS with technical and environmental leads appointed.
Nov 06 Policy and pilot update Positive +6.4% Supportive provincial minerals strategy and pilot optimization toward starting PFS.
Oct 30 Director appointment (retrans.) Positive -0.3% Announcement of experienced mining project director to support Battery Hill PFS.
Oct 30 Director appointment Positive -0.3% New director with large-project background to advance Battery Hill project.
Pattern Detected

Project advancement and strategic news around Battery Hill have generally seen modest positive price reactions, while board appointments have had flat to slightly negative impact.

Recent Company History

Over the last few months, MNXXF has focused on advancing its Battery Hill High-Purity Manganese Project. News on New Brunswick’s minerals strategy and pilot work completion on Nov 06, 2025 saw a 6.41% gain, highlighting interest in technical milestones toward a Pre-Feasibility Study. Board appointments on Oct 30, 2025 with large-project experience had minimal price impact. The current PFS kick-off on Dec 03, 2025 continues this progression toward demonstrating project economic viability.

Market Pulse Summary

This announcement advances Manganese X’s Battery Hill project by formally launching a Prefeasibility...
Analysis

This announcement advances Manganese X’s Battery Hill project by formally launching a Prefeasibility Study targeting completion in 2026, led by ABH for technical design and GEMTEC for environmental and community aspects. It builds on prior pilot and optimization work and positions Battery Hill, a 1,225-hectare property with 54 claims, closer to assessing economic viability. Investors may monitor future PFS updates, permitting progress, and integration of metallurgical and ore-sorting improvements.

Key Terms

prefeasibility study, pfs, flowsheet, ore sorting, +3 more
7 terms
prefeasibility study technical
"immediate kick-off of its flagship Battery Hill High Purity Manganese ("HPMSM") Prefeasibility Study"
A prefeasibility study is an early, high-level assessment that tests whether a proposed project is likely to be technically workable and economically viable before committing large resources. Like a rough blueprint and budget for a construction project, it provides preliminary estimates of costs, potential returns, key risks and data gaps so investors can decide whether to proceed to more detailed studies or funding.
pfs technical
"Battery Hill High Purity Manganese ("HPMSM") Prefeasibility Study ("PFS")"
Progression-free survival (PFS) is a clinical-trial measure that records how long, on average, patients live without their disease getting worse after starting a treatment. For investors, PFS acts like a stopwatch of a drug’s effectiveness: longer PFS can signal meaningful patient benefit, improve chances of regulatory approval or label strength, and raise a drug’s commercial value, while shorter or unchanged PFS can weigh on a company’s prospects.
flowsheet technical
"shaping a PFS that optimizes its flowsheet, reduces risk, and maximizes long-term"
A flowsheet is a structured table that records a series of clinical or operational data points—such as vital signs, lab results, medication doses, procedures or milestone dates—so each patient or case can be tracked over time. For investors, a flowsheet turns detailed trial or operational activity into a clear timeline that highlights progress, gaps or problems, helping assess development speed, regulatory readiness and potential delays much like a trip log shows a journey’s pace and hiccups.
ore sorting technical
"including mine design, production scheduling, ore sorting integration, process engineering"
Ore sorting is a process that separates valuable rock from waste rock before it goes to the main processing plant, using sensors or simple physical differences like color, density, or metal content. Think of it like picking ripe apples out of a batch so only the best ones go to market; for investors, sorting can raise the ore’s quality, lower processing and transport costs, reduce environmental impact, and improve a mine’s economics and cash flow.
hydrogeological technical
"GEMTEC will lead the environmental, geotechnical, hydrogeological, water management"
Relating to the distribution and movement of groundwater beneath the surface and the properties of the soils and rocks that hold or transmit that water. For investors, hydrogeological information matters because it affects water supply, pollution risks, construction foundations, mining and energy projects, and cleanup costs — think of it as the earth’s plumbing system that can make projects work smoothly or create costly surprises.
metallurgical technical
"ongoing metallurgical achievements at Kemetco Research Inc., and updated geological input"
Metallurgical describes the processes and techniques used to extract, separate, refine and test metals from ore or recycled material, including crushing, melting, chemical separation and quality assays. For investors, metallurgical performance determines how much saleable metal a project yields, how costly and risky production will be, and whether a mine or plant can meet product and environmental standards—like the recipe and kitchen that turn raw ingredients into a marketable product.
geotechnical technical
"GEMTEC adds deep environmental, geotechnical, as well as First Nations and community"
"Geotechnical" relates to the study of Earth's materials and how they behave, especially soil and rock, to assess how stable and suitable land is for construction or development. For investors, understanding geotechnical conditions helps evaluate the safety, feasibility, and potential costs of building projects or infrastructure, influencing the value and risk associated with real estate and development ventures.

AI-generated analysis. Not financial advice.

Montreal, Quebec--(Newsfile Corp. - December 3, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) ("Manganese X" or the "Company") is pleased to announce the immediate kick-off of its flagship Battery Hill High Purity Manganese ("HPMSM") Prefeasibility Study ("PFS") with the selection of ABH Engineering Inc. ("ABH") and GEMTEC Consulting Engineering and Scientists Ltd. ("GEMTEC").

Work is scheduled to begin immediately and completion is targeted for 2026. ABH will lead Battery Hill's PFS while GEMTEC conducts other critical PFS engineering and environmental components.

The selection of ABH and GEMTEC follows Manganese X's extensive review of engineering groups armed with the technical depth and capability required to deliver a robust and dynamic economic study.

"The kick-off of our PFS is a major milestone for Manganese X, and selecting ABH and GEMTEC is a great start. Together, they will help ensure our PFS reflects the highest standards of environmental responsibility, technical rigour, and economic value, as well as shaping a PFS that optimizes its flowsheet, reduces risk, and maximizes long-term shareholder value," said Martin Kepman, CEO of Manganese X Energy Corp.

CEO Kepman added, "ABH brings a highly experienced technical team with proven mining expertise and advanced economic modelling capabilities, while GEMTEC adds deep environmental, geotechnical, as well as First Nations and community engagement experience from their extensive experience in New Brunswick."

Together, ABH and GEMTEC will deliver a fully integrated PFS designed to optimize project economics, strengthen environmental stewardship, and advance Battery Hill toward production readiness as one of North America's first HPMSM production hubs for the EV and energy-storage sectors.

ABH will oversee all major technical components of the PFS, including mine design, production scheduling, ore sorting integration, process engineering, infrastructure planning, capital and operating cost estimation, and overall project execution strategy.

GEMTEC will lead the environmental, geotechnical, hydrogeological, water management, and community-impact work required to support future project advancement and permitting.

Manganese X's Battery Hill Project, located near Woodstock, New Brunswick, Canada, is one of the largest manganese carbonate deposits in North America. It is strategically located 15 km from the border to the United States, near rail and deep-sea ports in New Brunswick and the St. Lawrence Seaway. The site covers 1,225 hectares, encompassing 54 claims, and is just 5 km from the Trans-Canada Highway, with all electricity and other utilities in close proximity.

The PFS will incorporate the Company's recent advancements, including the optimized processing flowsheet, ore sorting enhancements, and ongoing metallurgical achievements at Kemetco Research Inc., and updated geological input from Mercator Geoscience.

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 U.S. to commercialize EV compliant high purity manganese, potentially supplying the North American supply chain. 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.

For more information, visit the Company's website at www.manganesexenergycorp.com.

About ABH Engineering

ABH Engineering Inc. is a leading Canadian mining engineering and consulting firm specializing in mine design, project optimization, advanced economic modelling, and operational readiness. ABH has supported projects across North America and internationally, spanning open-pit and underground operations, critical minerals, and advanced-stage development assets. Known for its solutions-driven approach, ABH combines multidisciplinary engineering expertise with advanced analytical tools to help clients reduce risk, enhance project value, and accelerate the path from study to production.

About GEMTEC

GEMTEC Consulting Engineers and Scientists Limited is a multidisciplinary engineering and environmental firm headquartered in Atlantic Canada, recognized for its deep expertise in geotechnical engineering, hydrogeology, environmental science, and permitting. Since 1986, GEMTEC has supported hundreds of mining, infrastructure, and energy projects across Canada. By integrating scientific analysis with hands-on fieldwork and regulatory insight, GEMTEC provides clients with practical, defensible solutions that support responsible resource development and long-term environmental stewardship.

On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.

Martin Kepman
CEO and Director
Email: martin@kepman.com
Tel: 1-514-802-1814

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Manganese X, are forward-looking statements. Forward-looking statements in this news release relate to statements regarding: the timing, scope, and completion of the PFS; the anticipated contributions of ABH and GEMTEC; expected project economics; potential environmental, technical, and operational outcomes; the Company's development strategy; and the Battery Hill Project's potential to become a high-purity manganese production hub in North America. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Manganese X, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. These risks, as well as others, are disclosed within the Company's filings on SEDAR+ (www.sedarplus.ca), which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements. Manganese X does not assume any obligation to update the forward-looking statements if beliefs, opinions, projections, or other factors, should change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276698

FAQ

What did Manganese X (MNXXF) announce on December 3, 2025 about Battery Hill?

Manganese X announced the kickoff of a Battery Hill PFS, appointing ABH and GEMTEC, with work starting immediately and completion targeted for 2026.

Who will lead the technical and environmental work for MNXXF's Battery Hill PFS?

ABH Engineering will lead technical components; GEMTEC will lead environmental, geotechnical and community-impact work.

What site advantages did Manganese X cite for the Battery Hill project (MNXXF)?

Battery Hill covers 1,225 hectares across 54 claims, is 15 km from the U.S. border and 5 km from the Trans-Canada Highway, near rail and ports.

What technical work will ABH perform for the MNXXF PFS?

ABH will oversee mine design, production scheduling, ore sorting integration, process engineering, infrastructure planning and capital and operating cost estimation.

Will GEMTEC handle permitting-related studies for Manganese X (MNXXF)?

GEMTEC will lead environmental, hydrogeological, water management and geotechnical studies to support future permitting and community engagement.

How will recent technical advances be used in MNXXF's Battery Hill PFS?

The PFS will incorporate the company's optimized processing flowsheet, ore sorting enhancements and ongoing metallurgical results from Kemetco Research.
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