Canadian Manganese Closes Acquisition of Maximos and $5,950,000 Financing
05/03/2021 | 11:55am EDT
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Message : Canadian Manganese Company Inc. (the
Company or
Maximos Metal Corp.
(
Maximos ), and its previously announced private placement of subscription receipts raising gross proceeds of $5,947,500 (the
Financing ).
CMC s vision is to create a new technology metals company with an immediate strategic focus on the advancement of CMC s Woodstock manganese property in New Brunswick to produce high purity electrolytic manganese metal and/or high purity manganese sulphate monohydrate for the growing battery metals market.
The global evolution of electric vehicle (EV) and battery technologies combined with mounting geopolitical support provides what CMC believes is a unique opportunity to create a North American based leader in the production of battery-grade manganese.
Canadian Manganese Company Inc.: Canadian Manganese Closes Acquisition of Maximos and $5,950,000 Financing Canadian Manganese Company Inc. (the
Company or
Maximos Metal Corp.
(
Maximos ), and its previously announced private placement of subscription receipts raising gross proceeds of $5,947,500 (the
Financing ).
CMC s vision is to create a new technology metals company with an immediate strategic focus on the advancement of CMC s Woodstock manganese property in New Brunswick to produce high purity electrolytic manganese metal and/or high purity manganese sulphate monohydrate for the growing battery metals market.
The global evolution of electric vehicle (EV) and battery technologies combined with mounting geopolitical support provides what CMC believes is a unique opportunity to create a North American based leader in the production of battery-grade manganese.