Manganese X Subsidiary Signs Definitive Agreement for USA Patented PureBiotics HVAC Delivery System for Virus Mitigation
17 November 2020 - 12:35AM
InvestorsHub NewsWire
Manganese X Subsidiary Signs
Definitive Agreement
for USA Patented PureBiotics
HVAC Delivery System
for
Virus
and
Bacteria Mitigation
Montréal, Québec, Canada, November
16 2020 -- InvestorsHub NewsWire -- Manganese
X Energy Corp. (TSXV: MN)
(FSE: 9SC2) (OTC:
MNXXF)
("Manganese
X" or
the "Company") Montréal,
Québec, Canada announces
that Disruptive Battery Corp ("DBC"), a wholly
owned
subsidiary of Manganese X, is pleased to
confirm that it has executed
a
definitive
agreement with PureBiotics to acquire
a 50% equity
stake in
PureBiotics, an environmental air quality control
company.
The manufactured product
will be a USA based air quality control delivery
system. The
environmental air solution will incorporate our US
patented
disinfection apparatus system, designed to circulate air
disinfection agents (ADAs) through a building's HVAC (heating,
ventilation and air conditioning) distribution system, as well as
provide PureBiotics
proprietary
proven safe & effective biological solutions for air and
surface environmental control for
healthier homes and buildings.
Martin Kepman,
CEO, comments, "Putting together this JV was a process. Investors
have to understand that our HVAC and related air solution
is
a massive
contemplation given the
current cycle of human society. Pandemic management
and
defense
is
the order of the day and our goal
is to get society
mobilized again in such a way as to reduce both fear and risk of
breathing air in a contained environment. We believe our air
management solution is not only relevant but
necessary. Further,
from a business perspective, we see a scalable product with extreme
distribution potential."
According to
the Centers for Disease
Control and Prevention, some infections
can be spread by exposure to virus in small droplets and particles
that can linger in
the air for minutes to hours. These viruses may be able to infect
people who are farther than six feet away from the person who is
infected or after that person has left the space.
The
Prime objective
of this JV is to provide solutions
to
the
healthcare
risks associated
with
the air
quality in homes and businesses, including lowering the risk of
infections, as well as allergens, contaminants and odors. The modus
operandi will be combining 'PureBiotics' existing product lines and
technologies with DBC's
US patent and other resources of Manganese X.
Phase 1 will
initiate immediately with the formation of a Newco
which will be based in Orlando Florida. In parallel, we are in
final negotiations for a protocols based testing arrangement with
a recognized US
based university. The purpose of the regulated testing will be to
validate both our
patented HVAC air
quality control delivery system in
combination with a PureBiotics
air mist for
virus and bacteria mitigation. Another objective is to
improve and upgrade
our US patented HVAC air
quality control delivery system
for US
manufacturing and distribution.
Testing and
validation will be under the guidance of Lino Morris, The CEO of
PureBiotics who has significant relationships with
well-known
US
universities
with laboratories acceptable to the FDA, EPA, USDA and other
government regulatory agencies.
About PureBiotics
PureBiotics
is a market leader in probiotic hygiene, providing innovative
cleaning and personal care products for optimal and
sustainable
hygiene, for both professional and home care use. PureBiotics
products are safe for people, pets and the planet.
Manganese's
X mission is to expand its existing high potential manganese mining
holdings with additional sites located in North
America with the intent of supplying value added materials to the
lithium ion battery and other alternative energy industries. In
addition, our company is striving to achieve new methodologies
emanating from environmentally and geographically
ethical and
friendly green/zero emissions technologies,
while processing manganese
at a lower competitive
cost. For more information visit the website at www.manganesexenergycorp.com
On
behalf of the Board of
Directors of
MANGANESE X ENERGY CORP.
Martin
Kepman
CEO and
Director
Email: martin@kepman.com
Tel: 1-514-802-1814
Cautionary
Note Regarding Forward-Looking Statements:
Neither
TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
This news
release contains "forward-looking information" including
statements
with respect to the future exploration performance of the Company.
This forward-looking information involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be
materially different from any future results, performance or
achievements of the Company, expressed or implied by such
forward-looking statements. These risks, as well as others, are
disclosed within the Company's filing on SEDAR, which investors are
encouraged
to review prior to any transaction involving the securities of the
Company. Forward-looking information contained herein is provided
as of the date of this news release and the Company disclaims any
obligation, other than as required by law, to update any
forward-looking information for any reason. There can be no
assurance that forward-looking information will prove to be
accurate and the reader is cautioned not to place undue reliance on
such forward-looking information. We seek
safe harbor.
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