Canadian Manganese Company Inc.
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- Canadian Manganese Company Inc. (CDMNF) is a Canadian critical mineral development company focused on the exploration and development of manganese properties to supply high-purity manganese sulphate monohydrate (HPMSM) for the lithium-ion battery industry; it holds 100% interest in the Woodstock Project, comprising 232 mineral claims covering 5,875 hectares in Carleton County, New Brunswick, recognized as North America's largest and highest-grade carbonate-hosted manganese deposit under development. The company pursues environmentally responsible production of battery-grade manganese products from the Woodstock Project, strategically located adjacent to the U.S. border with proximity to the St. Lawrence Seaway and Atlantic Ocean for efficient supply chain integration; subsidiaries include Technology Metals Inc., Mongoose Mining Ltd. (40.5% owned), and Spark Minerals Inc. Incorporated in 2011 and headquartered at 55 University Avenue, Suite 1805, Toronto, Ontario, Canada M5J 2H7, the company targets electric vehicle battery manufacturers and operates primarily in Canada. Recent developments include a revised royalty financing agreement with Leventis Capital for a 2% gross revenue royalty on the Woodstock Project in exchange for US$10 million, with closing anticipated by late 2024 to enable repayment of a US$5 million convertible debenture; a delay in filing 2024 year-end financial statements due to the financing postponement and subsidiary consolidation, resulting in a cease-trade order from the Ontario Securities Commission in April 2025; and updates to the royalty structure in June 2024, splitting it into phased 1.5% tranches for US$7.5 million each.
Canadian Manganese Announces Delay in Filing Year End Audited Financial Statements, Issuance of Cease Trade-Order
Canadian Manganese Provides Update on Royalty Financing and Annnounces Results of Annual and Special Meeting of Shareholders and Appointment of New Board Chair
Canadian Manganese Reports Third Quarter 2024 Financial Results
Canadian Manganese Reports Second Quarter 2024 Financial Results
Canadian Manganese Reports First Quarter 2024 Financial Results and Grant of Stock Options
Canadian Manganese Provides Update on Non-Dilutive Royalty Financing and Debt Repayment
Canadian Manganese Reports Third Quarter 2023 Results
Canadian Manganese Announces Closing of Private Placement of Senior Secured Convertible Debentures