Canadian Manganese Company Inc. is pleased to provide an update on the royalty purchase transaction previously announced in the Company's press releases dated April 2, 2024 and May 15, 2024. The Company had initially contemplated closing the purchase by Leventis Capital Pte Ltd. of a 3% gross revenue royalty on its Woodstock Manganese Project in one tranche for US$15,000,000. The parties have now agreed that such purchase will be separated into two transactions with Leventis initially acquiring a 1.5% gross revenue royalty for US$7,500,000, which closing is anticipated to take place by July 2, 2024 and then acquiring the remaining 1.5% gross revenue royalty for an additional US$7,500,000 at a later date. As a result of this change, the form of royalty agreement has been amend...