Canadian Manganese closes acquisition of Maximos and $5,950,000 financing
2021-05-06 09:16:42 [Print]
Canadian Manganese Company Inc
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.
. ("CMC") reported it closed the acquisition of Maximos Metal Corp . , and its private placement of subscription receipts raising gross proceeds of $5,947,500.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.