Africa

Profile

Morocco

Morocco is the third largest producer of phosphate containing about 75% of the world’s combined estimated reserves. Foreign investors have found the investment climate, infrastructure, fiscal situation, and political stability very favourable to the mining business.

The company intends to become a force in the green energy sector first through the development of manganese deposits, and ultimately as a significant low-cost supplier of manganese for industry and to the burgeoning LMC battery market. 

Project Overview

CORPORATE DATA


Exploration on Advanced Stage Manganese Assets


In conjunction with Maxtech’s strategic development partners, the Company is currently preparing applications for permits to explore potential high grade manganese deposits in Morocco. The Company is actively evaluating several advanced stage manganese assets in Morocco with an emphasis on fully permitted mining concessions with established histories of manganese production. In addition, Maxtech is seeking further global off-take partners to complete a vertical manganese operation platform in the region.

Strategic Partner:
Green Energy Resources SARL


Green Energy Resources is a junior exploration company based in Morocco, aiming to become a force in the green energy revolution through the development of manganese, copper deposits and become a low cost supplier for the " industry booming LiMn2 batteries. Green Energy's long-term strategy is to build a multinational manganese and copper mineral company to produce and sell in Europe and Asia.

STOCK LISTINGS

CNSX: MVT

OTC: MTEHF

FRANKFURT: M1N

        

CAPITAL STRUCTURE

Recent Share Price: – C$0.39

52 Week (Low-High): C$0.13 – $0.63

Market Capitalization: C$18.9 million

Current Share Outstanding:  49,186,448

Fully Diluted Shares:  53,223,948



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