British Columbia, June 05, 2018 -- MGX Minerals Inc. is pleased to announce the Company intends to complete a non-brokered private placement to raise gross proceeds of up to CA$7,007,000 on a non-flow through basis and a concurrent non-brokered flow through private placement to raise gross proceeds of CA$5,002,500 , for aggregate gross proceeds of up to CA$12,009,500. The NFT Financing will consist of an offering of up to [...]
VANCOUVER, British Columbia, May 31, 2018 -- MGX Minerals Inc. and engineering partner PurLucid Treatment Solutions Inc. are pleased to report that, prior to deployment, demonstration of the NFLi-5 commercial-scale rapid lithium extraction system, capable of processing 750 barrels per day , is scheduled to take place immediately with oil and gas companies, industrial customers, lithium brine owners and international media [...]
VANCOUVER, British Columbia, May 25, 2018 -- MGX Minerals Inc. is pleased to announce that 100% wholly-owned subsidiary ZincNyx Energy Solutions, Inc. and its research partners will receive a grant from Canada’s Natural Science and Engineering Research Council to develop nanostructured material for their next generation Zinc-air energy storage. The drive toward a renewable energy economy was recently given a big [...]
VANCOUVER, British Columbia, May 24, 2018 -- MGX Minerals Inc. is pleased to provide shareholders with a progress report on its expanding silicon portfolio in British Columbia along with planned 2018 development activities. MGX is investigating the potential to source high-grade silica as a feedstock to be used in industrial silicon metal and solar silicon metal applications. MTO Acquisition of New High-Grade Silicon [...]
VANCOUVER, British Columbia, May 23, 2018 -- MGX Minerals Inc. is pleased to announce that joint-venture partner Power Metals Corp. has reported and commenced a geological mapping program at the Paterson Lake lithium property located 60 km north of Kenora, Ontario. The geological mapping program at Paterson Lake will be followed by a similar program at the Gullwing-Tot Lakes property located 30 km northeast of Dryden [...]
MGX Minerals Inc. announces it is unifying the expiry date of common share purchase warrants issued in multiple tranches of its private placement financing from December 2017. As a result, 3,092,192 warrants having an expiry date of December 8, 2020 and 4,079,000 warrants issued on December 20, 2020, will be amended to have an expiry date of December 27, 2020. In total there were 9,900,454 warrants issued under the [...]
VANCOUVER, British Columbia, May 18, 2018 -- MGX Minerals Inc. is pleased to announce the Company has won the Base and Specialty Metals Industry Leadership Award at the 2018 S&P Global Platts Global Metals Awards, held in London on May 17. Hosted by S&P Global Platts, a leading global energy, metals and commodities information provider, the annual awards program honors exemplary performance in fifteen categories spanning [...]
VANCOUVER, British Columbia, May 16, 2018 -- MGX Minerals Inc. / / and its 51% owned engineering partner PurLucid Treatment Solutions Inc. are pleased to provide a progress report related to the deployment of lithium recovery and wastewater treatment systems in Alberta, Canada. To date, MGX and PurLucid have completed commercial-scale trials with multiple oilfield operators and are now preparing to deploy systems. The [...]
VANCOUVER, British Columbia, May 14, 2018 -- MGX Minerals Inc. is pleased to report that its 100% wholly-owned subsidiary ZincNyx Energy Solutions, Inc. has quadrupled the capacity of its fuel cell modules . Principle of Operation Typical 5kW Modular System System Architecture The ZincNyx zinc-air flow battery is comprised of three main modules- a regenerator module that uses electricity to charge particles of zinc, a [...]
PHOENIX, May 09, 2018 -- MGX Minerals Inc. , announced CEO Jared Lazerson’s interview on Uptick Newswire’s “Stock Day” podcast with Everett Jolly. MXG Minerals Inc. is a leader in industrial minerals, metals and technology and is lead by a core management team with unparalleled expertise in mining. “For the past five years we have taken a step back to observe macro trends,” said [...]
VANCOUVER, British Columbia, May 08, 2018 -- MGX Minerals Inc. is pleased to announce it has acquired an additional 10,331.32 acres of Oil and Gas Leases located within the Company’s unitized 80,380-acre Blueberry Unit . The newly acquired leases are located within the proposed 3D seismic geophysical survey area, which is scheduled to commence in August and will include approximately 9,000 data points. To date the [...]
VANCOUVER, British Columbia, May 02, 2018 -- MGX Minerals Inc. is pleased to announce acquisition of an additional 3,455 acres of oil and gas leases as a result of successful bidding at a recent State of Utah School and Institutional Trust Land Administration auction. The leases are located contiguous to the Company’s unitized 80,380-acre Blueberry Unit and show similar subsurface geological formations and [...]
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