VANCOUVER, Oct. 17, 2016 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the 2016 diamond drilling program is more than 50% complete at the Company's flagship Driftwood Creek magnesium deposit ("Driftwood"). The Company has completed a total of 13 diamond drill holes to date as part of the current drill program. A National Instrument (N.I.) 43-101 compliant [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / October 4, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) reports the Company has filed on SEDAR a National Instrument (N.I.) 43-101 technical report (the "Report") for its Sturgeon Lake lithium property ("Sturgeon Lake") located in west-central Alberta. Sturgeon Lake consists of 15 contiguous Industrial and Metallic Mineral Permits [...]
VANCOUVER, Sept. 29, 2016 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that field crews are mobilizing to conduct an infill drill program on the Company's flagship Driftwood Creek magnesium project ("Driftwood Creek"). As reported, the Company announced a maiden National Instrument (N.I.) 43-101 compliant mineral resource estimate for Driftwood Creek. The [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 27, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) reports the Company has filed on SEDAR a National Instrument (N.I.) 43-101 technical report (the "Report") for its flagship Driftwood Creek magnesium project ("Driftwood Creek"). The Report includes a maiden N.I. 43-101 compliant mineral resource estimate for Driftwood Creek. The [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 23, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that the warrants issued under its recently announced rights offering (the "Warrants") will commence trading on the Canadian Securities Exchange (the "CSE") on September 23, 2016 at market open under the symbol "XMG.WT". A total of 5,031,364 Warrants were [...]
MGX Minerals is pleased to announce the commencement of process integration for MGX's proprietary lithium brine rapid extraction process and Purlucid's proprietary brine treatment technologies. Purlucid's technology uses patented and proprietary High Intensity Froth Flotation and submerged membrane ultrafiltration technology to substantially reduce operating and capital costs of traditional oil and gas water treatment [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 22, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) announces the closing of its previously announced rights offering. Under the rights offering, on September 21, 2016, 10,062,728 units of the Company ("Units") were distributed at a price of $0.18 per Unit for gross proceeds to the Company $1,811,291. Each Unit consists of one [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 21, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) announces the expiry of its previously announced rights offering. All unexercised rights expired at 2:00 p.m. (Vancouver time) on September 16, 2016 (the "Expiry Time") and are void and of no value. Details of the rights offering are set out in the rights offering notice dated July 28, 2016 [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 20, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) ), as a result of a review by the British Columbia Securities Commission, is issuing this news release to clarify its disclosure regarding the Company's Alberta lithium properties (the "Lithium Properties") and Driftwood Creek Property (the "Driftwood Property") in an interview [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 15, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the Company has entered into a binding Letter of Intent (the "LOI") to acquire an initial 50% interest in PurLucid Treatment Solution (Canada) Inc. ("PurLucid" or collectively the "Parties") in exchange for a $5 million (CDN) staged investment over two years [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 15, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the Company has entered into a binding Letter of Intent (the "LOI") to acquire an initial 50% interest in PurLucid Treatment Solution (Canada) Inc. ("PurLucid" or collectively the "Parties") in exchange for a $5 million (CDN) staged investment over two years [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 12, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to report the Company has engaged the Saskatchewan Research Council ("SRC") to conduct lithium-enriched formation water testing. SRC will utilize the Company's rapid brine production process (see press release dated June 6, 2016) to extract lithium and evaluate key aspects of the [...]