Canadian Manganese is an battery metal development company currently engaged in manganese exploration and development in the province of New Brunswick, Canada. Canadian Manganese owns the Woodstock Manganese Project and is currently aiming to become a major supplier of high-purity manganese products for the ever-growing rechargeable battery industry as well as the conventional industrial manufacturing and alloying industries.
In December 2019, Buchans Resources reorganized its mineral assets and investments by way of a plan of arrangement involving Buchans Resources Limited, Canadian Manganese Company Inc. and Minco Exploration Limited whereby the shares of Canadian Manganese previously held by Buchans Resources were distributed to the shareholders of Buchans Resources, yielding a more focused company structure with Canadian Manganese engaged on the manganese metal exploration interests.
On December 31, 2019, Buchans Resources Limited filed Articles of Arrangement to implement the Plan of Arrangement for a group reorganization and spin-out of subsidiaries, which was approved by shareholders by a 99.87% majority at a Meeting held on December 10, 2019, and by the Ontario Superior Court of Justice on December 19, 2019.
For more information on the Arrangement among Canadian Manganese, Buchans Resources, and Minco Exploration, please click here.
Toronto, June 24, 2021 – Canadian Manganese Company Inc. (“CMC” or the “Company”) reports that it held its Annual Meeting of Shareholders today in Toronto at which all resolutions were approved and passed. At the meeting, Matthew Allas, President and Chief Executive Officer, provided an update on the current activities and outlook for the Company […]
Toronto, May 31, 2021 – Canadian Manganese Company Inc (the “Company” or “Canadian Manganese”), which holds the Woodstock battery metal manganese property in New Brunswick, reports its first quarter results of operations for the three months ended March 31, 2021. This news release should be read in conjunction with the Company’s interim financial statements and […]
Toronto, May 6, 2021 – Canadian Manganese Company Inc. (the “Company” or “CMC”), reports that following the closing of the acquisition of Maximos Metal Corp. (“Maximos”), it has appointed Matthew Allas as President and CEO, effective immediately. In announcing the appointment, John Kearney, Chairman of Canadian Manganese stated, “We are delighted to announce the appointment […]
Toronto, May 3, 2021 – Canadian Manganese Company Inc. (the “Company” or “CMC”), reports it closed the previously announced acquisition of 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 […]
Toronto, March 26, 2021 – Canadian Manganese Company Inc. (the “Company” or “CMC”), is pleased to announce it has entered into an agreement with Maximos Metals Corp. (“Maximos”) 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 […]