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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

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Sincerely,

George et al

Message: MANGANESE X ENERGY CORP. ("MN")BULLETIN TYPE: Private Placement-Non-Broker... DATE: April 17, 2017TSX Venture Tier 2 Company

MANGANESE X ENERGY CORP. ("MN")BULLETIN TYPE: Private Placement-Non-Broker... DATE: April 17, 2017TSX Venture Tier 2 Company

posted on Apr 18, 2017 05:58AM

 

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced January 13, 2017, January 26, 2017 and January 31, 2017:

    Number of Shares:       9,493,667 shares


    Purchase Price:                        $0.15 per share


    Warrants:                4,387,000 share purchase
                             warrants to purchase
                             4,387,000 shares


    Warrant Exercise Price:    $0.25 for a two year period


    Number of Placees:      43 Placees

    Insider /Pro Group
     Participation:

                                    Insider=Y /

    Name
                                    ProGroup=P  # of Shares


    Mark Billings                   Y                 7,000

    Martin Kepman                   Y                20,000

    Jacques Arsenault               Y                 7,000

    Stephen Roebuck                 Y                20,000

    Aggregate Pro Group Involvement P               200,000

      [2 Placees]

    Finder's Fee:  First Republic Capital Corporation $68,365.01
                   cash, 341,100 finder(1) warrants and 114,667
                   finder(2) warrants payable.

                   Canaccord Genuity Corp. $23,040 cash, 57,600
                   finder(1) warrants and 96,000 finder(2)
                   warrants payable.

                   Dominick Inc. $6,000 cash and 40,000 finder(1)
                   warrants payable.

                  -Each finder(1) warrant is convertible into
                   units with terms the same as the offering and
                   each finder(2) warrant is exercisable into
                   one share at $0.15 for two years from
                   closing.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]

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