MGX Minerals Inc. reports that joint venture partner Chilean Lithium Salars has mobilized a drill to the Francisco Basin Project located 30 kilometres south of the Salar de Maricunga. The 5-hole drill program will target the Northern Lagoon, where samples in May of 2018 averaged 694mg/L Lithium. . The drill program will test lithium mineralization to a depth of up to 300 meters as well as the lateral extent of lithium [...]
Minerals Inc. is pleased to announce, further to its news release dated November 23, 2018, it has closed the first tranche of its previously announced non-brokered private placement financing . The first tranche generated gross proceeds of $3,195,998.55 by issuance of 3,070,767 flow through units at $0.65 per FT Unit and 2,000,000 non-flow through units at $0.60 per NFT Unit. Under the Offering, the Company plans to issue [...]
MGX Minerals Inc. reports that joint-venture partner A.I.S. Resources has commenced drilling at the Salinitas lithium project in Argentina. Samples recovered thus far from a 43-meter interval show a porous coarse sand which is conducive to the transmission of brines. The trenching program completed in October confirmed the presence of these porous sands. Resistivity of these sands is expected to be encountered at depth [...]
MGX Minerals Inc. is pleased to report that as of last week engineering partner PurLucid Treatment Solutions had processed the first shipment of 40m3 of wastewater brine from an oilsands customer. The 5m3 system treated highly concentrated evaporator blowdown wastewater and will provide significant cost savings for the customer. The system is currently operating at a 3rd party industrial location and the Company is [...]
Minerals Inc. is pleased to announce the Company intends to complete a non-brokered private placement to raise gross proceeds of up to $4,020,000 on a non-flow through basis and a concurrent non-brokered flow through private placement to raise gross proceeds of $4,000,750 , for aggregate gross proceeds of up to $8,020,750. The NFT Financing will consist of an offering of up to 6,700,000 units . Each NFT Unit will be [...]
MGX Minerals Inc. and Highbury Energy Inc. are pleased to report completion of a comprehensive study analyzing beneficial gasification routes from Petroleum Coke to three products of value: Hydrogen, FT Liquids and Fuel Gas. Each of these products has potential markets in the oil sands and heavy oil industry. The report outlines a variety and comparison of plant design parameters and a Petcoke-to-Hydrogen process with [...]
MGX Minerals Inc. is pleased to report the Company has increased its ownership stake in engineering partner PurLucid Treatment Solutions Inc. to 60%. This ownership increase was recently approved by PurLucid shareholders under Phase V of the investment agreement through the issuance of 1,001,000 common shares of the Company . NFLi-5 Plant Deployment Update MGX reports that installation and testing of a commercial-scale [...]
MGX Minerals Inc. and engineering subsidiary PurLucid Treatment Solutions Inc. are pleased to announce they have received notice of publication of its patent for a new method to produce boiler feed water using low energy water treatment. The technology will facilitate using poor quality water to tri-generate electricity, pure water and minerals. The system was designed within a consortium, including MGX, PurLucid and [...]
MGX Minerals Inc. and engineering subsidiary PurLucid Treatment Solutions Inc. are pleased to provide an update on manufacturing of its third petrolithium and advanced wastewater treatment system. Manufacturing of nano-filtration membrane housing is underway and primary nano-flotation, piping and structural components are expected to commence fabrication in the second half of November. Control systems are expected to [...]
files Listing Application with CSE in respect of MGX Renewables MGX Minerals Inc. is pleased to announce that it has submitted an application to list the shares of its wholly-owned subsidiary, MGX Renewables Inc. on the CSE. As previously announced, MGX intends to complete the spin-out of 40% of the common shares of MGX Renewables pursuant to a plan of arrangement resulting in MGX shareholders of record on June 29, 2018 [...]
Typical 5kW Modular System ZincNyx has been renamed “MGX Renewables Inc.” MGX Minerals to spin-out of MGX Renewables under a plan of arrangement Spin-out to be completed as a return of capital to MGX Minerals Shareholders MGX Mineral’s CEO Jared Lazerson appointed as CEO of MGX Renewables MGX Minerals Inc. is pleased to announce that it has entered into an arrangement agreement, dated October 31, 2018 [...]
MGX Minerals Inc. is pleased to report that engineering partner PurLucid Treatment Solutions has deployed the first advanced wastewater treatment system in Alberta. The customer will pay C$35 per cubic meter for evaporator blowdown wastewater processing. Delivery of first EBD wastewater is expected to occur on November 13th. The system, capable of processing 5 m3/h, is expected to operate at full capacity. The system will [...]
+171,43 %
+2,18 %
-21,79 %
