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Manganese X Energy Corp.

09:44 AM EST - Manganese X Energy Corp. : Wishes to clarify its latest News Release dated June 14. Mountain Springs Oil and Gas Limited’s purchase price of their first oil and gas acquisition is $17.5 million dollars. Current annual positive cash flow from this project is estimated at $3,500,000. In addition Schlumberger's technology will also be utilized on this acquisition to increase the daily output of production. Mountain Springs is in the process of evaluating additional acquisitions. Manganese X Energy Corp. shares V.MN are trading unchanged at $0.15.