Canadian Manganese Reports Second Quarter Results Operations Update - Yahoo Finance

Toronto, Ontario--(Newsfile Corp. - August 31, 2021) - Canadian Manganese Company Inc (the "Company" or "CMC" or "Canadian Manganese"), which holds the Woodstock battery metal manganese property in New Brunswick, reports its second quarter results of operations for the three and six months ended June 30, 2021.

This news release should be read in conjunction with the Company's interim financial statements and the associated management's discussion and analysis (MD&A) for the three and six months ended June 30, 2021 which are available on the Company's website at www.CanadianManganese.com or under the Company's profile at www.sedar.com.

Overview

Canadian Manganese holds the Woodstock manganese property in New Brunswick ("Woodstock Property") and substantially all of the Company's efforts are devoted to advancing the development of Woodstock Property to produce speciality manganese metals.

During the quarter ended June 30, 2021, CMC completed financings raising a total of $6.2 million, acquired Maximos Metals Corp. and is currently processing an application to list its shares on a Canadian stock exchange.

CMC's vision is to create a new technology metals company immediately focused on the advancement of the Woodstock Property, becoming a global leader in the environmentally responsible production of High Purity Manganese Sulphate Monohydrate ("HPMSM") for the rapidly evolving cathode chemistry within the battery sector. The Company's aim is to address the current...

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