Manganese X Announces Results of Annual General and Special Meeting of Shareholders

Montreal, Quebec--(Newsfile Corp. - June 1, 2023) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTCQB: MNXXF) ("Manganese X" or the "Company") is pleased to announce the results of its annual general and special meeting of shareholder held Thursday, June 1, 2023 (the "Meeting"). The shareholders of the Company (the "Shareholders") passed all resolutions brought forth at the Meeting.

The Shareholders approved the setting of the number of directors at five (5) and elected Martin Kepman, James (Jay) Richardson, Roger Dahn, Dr. Luisa Moreno and Robert Tjandra as directors (the "Directors") of the Company.

The Shareholders re-appointed Wasserman Ramsay, Chartered Professional Accountants, as the Company's auditor for the ensuing year, and authorized the Directors to fix the remuneration to be paid to the auditor.

In addition, the Shareholders approved the Company's new security-based compensation plan as well as the cancellation of the existing Articles of the Company and the adoption of a new set of Articles of the Company. All resolutions brought forward at the Meeting were presented in the Company's management information circular dated April 10, 2023.

Following the Meeting, the Directors appointed Martin Kepman as Chief Executive Officer and President, James (Jay) Richardson as Chief Financial Officer, Perry MacKinnon as Vice President of Exploration and Janet Francis as Corporate Secretary of the Company (the "Management").

Martin Kepman, CEO of the Company, stated, "The Directors and Management of the Company wish to thank all of the Shareholders for their continued support throughout the years. We look forward to advancing the Company forward."

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 United States to commercialize electric-vehicle-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.

Subsidiary Disruptive Battery Corp.'s mission is to develop an HVAC (heating, ventilation and air conditioning) air purification delivery system for cleaner and healthier air, aiming to mitigate COVID-19 and other contaminants on surfaces and in the air.

For more information visit the website at www.manganesexenergycorp.com.

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 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 Information:

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 and its subsidiary, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. 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, 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 and information contained in this news release concerning these items. Manganese X does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/168430