VANCOUVER, BRITISH COLUMBIA / TheNewswire / June 6, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to report the Company has acquired intellectual property and design rights (the "Rights") to a proprietary processing design that proposes to reduce lithium brine evaporation times by >99% over standard solar evaporation pond processes, from approximately 18 months to 1 day. The design was [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 30, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce assay results from recent field reconnaissance at its Longworth and Wonah silica properties (collectively "the Properties"). Rock chip sampling was carried out by MGX's Vice-President of Exploration, Andris Kikauka (P. Geo). Samples from both Properties were taken from exposed [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire /. May 18, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce it now controls 14 of the top 25 historical high grade lithium properties (>=90mg/L, up to 140mg/L) as reported by the Alberta Geological Service ("AGS", 2013). The dataset comprises lithium geochemical data from ground and formation water in Alberta and near the Alberta [...]
MGX Minerals is issuing this news release to clarify its disclosure regarding the Company's Alberta Lithium Properties process design and scoping study, as described in its news releases dated April 14, 2016 and May 9, 2016. Concerning its news release on April 14, 2016, the Company wishes to retract the statement that the Study provided "a positive basis to move forward" with development of the Alberta Mineral [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 16, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) reports the Company has received notice from mining contractor Dominion Excavating Ltd. that mine haul road construction has been completed for the Driftwood Creek magnesium project ("Driftwood") (see press release dated February 25, 2016). Commencement of mining operations to support the previously [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 9, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce receipt of the initial capital expenditure ("CAPEX") report for a lithium carbonate production plant from engineering consultant Cementation AG. The CAPEX budget is the second part of the previously received initial Process Design and Scoping Study (the "Study") (see press [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 6, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce the Company has negotiated terms for a series of debt conversion agreements with creditors in order to settle CA$268,000 in outstanding debt through the issuance of 2,680,000 common shares at a deemed price of CA$0.10 per unit. As part of the settlement the Company has written [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 5, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce it has closed the previously announced non-brokered private placement (the "Private Placement") (see press release dated April 18, 2016). Due to over-subscribed demand the Company has raised gross proceeds of CA$615,000 through the issuance of 6,150,000 Units (the "Units"). Each [...]
VANCOUVER, BRITISH COLUMBIA / April 18, 2016 / TheNewswire / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) ) is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") for up to 5,000,000 Units ("Units") at a price of CAD$0.10 per Unit for gross proceeds of CAD$500,000. Each Unit will be comprised of one common share and one common share purchase [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / April 14, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to report the Company has entered into an Agreement (the "Agreement") with the Brookes Heyman Lithium Syndicate (the "Syndicate") to acquire a 100% undivided interest in 160,000 hectares of lithium exploration permits (the "Permits") in the Province of Alberta. The Permits encompass [...]
VANCOUVER, BRITISH COLUMBIA / April 14, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to report the Company has received an initial Process Design and Scoping Study (the "Study") from engineering consultant Cementation AG in regards to lithium carbonate production at MGX's Alberta lithium project. MGX engaged Cementation AG (see press release dated February 29, 2016) to analyze [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / March 15, 2016 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) reports the Company has completed acquisition of LIDAR mapping data from the regional forestry company. The mapping package includes nine gigabytes of precision mapping data covering the proposed operating area for the Driftwood Creek magnesium project ("Driftwood Creek"). The topographical survey [...]