VANCOUVER, British Columbia, April 30, 2018 -- MGX Minerals Inc. is pleased to provide an update regarding the proposed spin-out of its wholly owned subsidiary, ZincNyx Energy Solutions Inc. , the intentions for which were previously announced in the Company’s April 3, 2018 news release . The Company has determined to fix June 29, 2018 as the record date for the proposed distribution of the payment of a dividend in [...]
VANCOUVER, British Columbia, April 27, 2018 -- MGX Minerals Inc. is pleased to provide an update on North and South American lithium operations. In North America, the Company reports completion of brine analysis and pilot plant processing of samples originating from an industrial wastewater stream and geothermal lithium brine samples. The Company’s investment bank Capstone Headwaters LLC is assisting in [...]
VANCOUVER, B.C., April 23, 2018 -- MGX Minerals Inc. is pleased to provide an update on the Company’s Paradox Basin Petrolithium Project . The Project includes the 80,380-acre Blueberry Unit, a recently unitized Federal Oil and Gas Unit created as part of the Project. Blueberry 2017 3D – Drill After approximately two months of fieldwork crews have completed Paleontology Surveying and are nearing completion of [...]
MGX Minerals is pleased to its 100% wholly-owned subsidiary ZincNyx Energy Solutions, Inc. has signed a Letter of Intent to enter into a partnership agreement with New York based systems integrator Digital Energy Corporation . Under the terms of the agreement, Digital will install the ZincNyx battery system at a demonstration site in New York City. Upon successful completion of the first project, ZincNyx and Digital will [...]
VANCOUVER, British Columbia, April 17, 2018 -- MGX Minerals Inc. announced today that it has filed on SEDAR a National Instrument 43-101 Preliminary Economic Assessment Technical Report for its Driftwood Creek magnesium project located in southeastern British Columbia. The PEA study was independently prepared for MGX by AKF Mining Services Inc. , Tuun Consulting Inc. and Samuel Engineering Inc. in accordance with CIM [...]
VANCOUVER, British Columbia, April 16, 2018 -- MGX Minerals Inc. is pleased to announce that its wholly owned subsidiary ZincNyx Energy Solutions Inc. has developed new methods to expand the capacity of its zinc-air fuel cell battery as part of the mass production design phase. Principle of Operation Expanded System Background ZincNyx has developed a patented regenerative zinc-air flow battery that efficiently stores [...]
VANCOUVER, British Columbia, April 04, 2018 -- MGX Minerals Inc. is pleased to report that the Company’s majority owned engineering partner PurLucid Treatment Solutions Inc. is nearing completion of its second commercial-scale contract for deployment of MGX-PurLucid water treatment and lithium extraction systems at petrolithium sites in Alberta. Final assembly, site preparation and deployment are underway for the [...]
MGX Minerals is pleased to announce its intention to publicly list its wholly owned subsidiary ZincNyx Energy Solutions Inc. and pay a partial share dividend of ZincNyx directly to MGX shareholders of record. The planned result will be a separate publicly-traded company primarily owned by MGX and its shareholders of record. The Transaction is aimed at realizing the full value of ZincNyx and the unique opportunity of [...]
MGX Minerals is pleased to announce that the Spring Drill program at the Company’s Case Lake Lithium JV will commence in May. Spring/Summer drilling will total 8,000 m followed by an additional 7,000 m of planned drilling in the Fall. There have been 8,400 meters of drilling completed at Case Lake to date. Substantial spodumene mineralization intersections have included: 2018 Drilling exploration targets at Case [...]
VANCOUVER, British Columbia, March 29, 2018 -- MGX Minerals Inc. is pleased to report additional assay results of Petroleum Coke samples collected from stockpiles produced from the Fort McMurray area mining and upgrading operation as well as the Edmonton refinery. Both samples originated from Delayed Coking operations. Samples were obtained and prepared by Highbury Energy Inc. and metal contents analyzed by Acme Labs of [...]
VANCOUVER, British Columbia, March 22, 2018 -- MGX Minerals Inc. is pleased to announce it has retained the services of Capstone Headwaters LLC to provide investment banking and financial advisory services. Advancement of the Company’s lithium, magnesium and energy assets will remain in focus. In light of recent events, including completion of a positive N.I. 43-101 Preliminary Economic Assessment for Driftwood [...]
VANCOUVER, British Columbia, March 20, 2018 -- MGX Minerals Inc. is pleased to announce the Company has been nominated in two categories as a finalist for the S&P Global Platts Metal Awards. MGX has been chosen as a finalist for the Base and Specialty Metals Industry Leadership Award as well as the Breakthrough Solution of the Year Award. Global Metals Awards Finalists were chosen from a pool of nearly 100 nominations. An [...]
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