MGX Minerals Inc.

MGX Minerals Inc. is pleased to announce the engagement of global mining equipment supplier Metso-Outotec for its British Columbia Silicon Project. Metso has been tasked with providing design, equipment and mechanical engineering for the processing of high-grade silica from the Company's wholly owned Gibraltar silica deposit into silicon metal 3303# grade. The primary piece of processing equipment is a sub-merged arc [...]

MGX Minerals Inc. is pleased to announce a business development and distribution partnership with Dong Bang Metal Co. Ltd of Korea for metallurgical grade silicon . The Partnership has executed a non-binding Letter of Intent outlining commercial terms including grade, quantity, price, delivery and distribution plan. Under certain terms and conditions, Dong Bang will receive exclusive distribution rights for Asia [...]

MGX Minerals Inc. announces the following updates to the Management Cease Trade Order issued by the BC Securities Commission in connection with the Company's filing of its audited annual financial statements and MD&A for the financial year ended July 31, 2021. The Company has appointed Mr. Mo Ahmad of Westmark Tax as Corporate Accountant to replace Ms. Sandey Wang who has departed as Corporate Accountant due to prior [...]

MGX Minerals Inc. is pleased to announce that in connection with the anticipated late filing of the Company's audited annual financial statements and management's discussion and analysis for the financial year ended July 31, 2020, the Company has applied for, and has been granted, a temporary management cease trade order by the British Columbia Securities Commission . The Company applied for the MCTO in order to secure [...]

MGX Minerals Inc. announces that it has requested a temporary Management Cease Trade Order from the BC Securities Commission in connection with the Company's filing of its audited annual financial statements and MD&A for the financial year ended July 31, 2021. The Company is requesting the MCTO in order to secure additional time to consolidate financial information from its operations as the Company changed its Chief [...]

MGX Minerals Inc. is pleased to announce the appointment of Ms. Sandey Wang, CPA, as interim Chief Financial Officer. Ms. Wang has previous experience with a variety of public and private companies over the past 25 years, including financial management, accounting, audit and public listing responsibilities. Ms. Wang will receive compensation of $8,000 per month and 400,000 incentive stock options, subject to a vesting [...]

MGX Minerals Inc. is pleased to announce the appointment of Ms. Sandey Wang, CPA, as Chief Financial Officer. Ms. Wang has previous experience with a variety of public and private companies over the past 25 years, including financial management, accounting, audit and public listing responsibilities. Ms. Wang will receive compensation of $8,000 per month and 400,000, 2 year employee incentive options for an initial three [...]

MGX Minerals Inc. announces rapid review of accident-tolerant nuclear type fuel technology. The Company is working to advance ATF type fuel for existing pebble bed type nuclear reactors and future Small Modular Nuclear Reactors , inclusive of TRi-structural ISOtropic particle fuel type. Technological advantages are related to the improvement of the fuel microstructure. Larger grain size slows the release of fission [...]

MGX Minerals Inc. announces a review is underway of a Conceptual Engineering Study for the Production of Magnesium by Hatch Engineering for Driftwood Creek Magnesium. Due to an increase in the price of magnesium and related special application of magnesium as a solid rocket fuel, MGX has begun a review of the report, commissioned by the Company, and generated by Hatch Engineering in 2018. Findings consist of a required US [...]

MGX Minerals Inc. announces preliminary magnesium fuel specification parameters for Mg/CO2 type rockets, using powdered magnesium and carbon dioxide. Mg/CO2 type rockets utilize powdered magnesium as a solid fuel and carbon dioxide as an oxidant. The calculated specific impulse of powder rocket engines is higher than that of traditional propulsion systems. Mg/CO2 Rockets for Mars Ascent By reducing the traditional [...]