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Manganese X Announces Shareholder Approval of Plan of Arrangement with Graphano Energy Ltd. and Appointment of Robert Tjandra as New Director
Montréal, Québec--(Newsfile Corp. - April 13, 2021) - Manganese X Energy Corp. (TS...
About this update from Manganese X Energy Corp.
[{"type":"text","content":"Manganese X Announces Shareholder Approval of Plan of Arrangement with Graphano Energy Ltd. and Appointment of Robert Tjandra as New DirectorMontréal, Québec--(Newsfile Corp. - April 13, 2021) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: MNXXF) (\"Manganese X\" or the \"Company\") is pleased to announce that shareholders of the Company (the \"Shareholders\") have approved the Company's previously-announced statutory plan of arrangement with Graphano Energy Ltd. (the \"Plan of Arrangement\") to spin out its Lac Aux Bouleaux graphite property, located in the province of Quebec. Further, the Company is pleased to announce that, effective immediately, the Company has appointed Robert Tjandra to its Board of Directors.Approval of Plan of ArrangementAt the Company's special meeting of Shareholders held on Monday, April 12, 2021 (the \"Meeting\"), a total of 13,548,548 common shares in the capital of the Company (\"Common Shares\") were voted in favour of the special resolution approving the Plan of Arrangement, representing 99.15% of the total number of the Common Shares represented in person and by proxy at the Meeting. The completion of the Plan of Arrangement is subject to a number of conditions, including but not limited to the receipt of the requisite stock exchange approvals, and a final order of the Supreme Court of British Columbia (a hearing for which is scheduled on April 15, 2021, unless adjourned).Appointment of New Director The Company has appointed Robert Tjandra to its Board of Directors, effective immediately. Mr. Tjandra brings with him a unique blend of professional management, leadership, and entrepreneurial skills, and has over 25 years of combined experience working, consulting, and developing businesses in construction, trading, oil and gas, fintech, and cleantech. He is passionate about development of EV and energy storage, including sustainable mining development. Mr. Tjandra serves as the President, Chief Operating Officer, and a director of Canbud Distribution Corp., and as a director of Florence Wealth Management Inc. (a registered Exempt Market Dealer in Canada). He is also a director of Electrum Charging Solutions, a private EV charging technology company. \"We are delighted to welcome Robert Tjandra to Company's board of directors,\" said Martin Kepman, Chief Executive Officer of...