MGX Minerals is pleased to report the Company has increased its ownership in engineering partner PurLucid Treatment Solutions from 34% to 46% by investment of C$1.45M. The Company maintains the right to acquire 100% of PurLucid through successive future investments. Pre-treatment and Lithium Extraction System, PurLucid CTO David Bromley and Dr [...]
VANCOUVER, British Columbia, Jan. 02, 2018 -- MGX Minerals Inc. is pleased to announce that the site survey, in preparation for 3D seismic geophysics, at the Company’s Paradox Basin Petrolithium Project, has been completed. The site survey covers the Company’s Blueberry Unit within its Utah Petrolithium portfolio . The survey includes [...]
MGX Minerals is pleased to announce that it has closed the second and final tranche of a non-brokered, private placement for 2,434,716 flow through units at a price of $1.05 per FT Unit for gross proceeds of $2,556,451.80. The aggregate gross proceeds raised under the Offering was $5,803,253.40 through the issuance of an aggregate of 5,526,908 FT [...]
British Columbia, Dec. 21, 2017 -- MGX Minerals Inc. is pleased to announce that is has closed the second and final tranche of a non-brokered, private placement for 4,079,000 units at a price of $1.00 per Unit for gross proceeds of $4,079,000 . The aggregate gross proceeds raised under the Offering was $7,137,000 through the issuance of an [...]
MGX Minerals is pleased to announce development activity has commenced at its Kootenay and Wonah Silicon Projects located near Canal Flats, British Columbia. Exploration design and permitting activities have commenced. Archaeological assessment and environmental assessment are expected to commence shortly. Infrastructure evaluation is currently [...]
VANCOUVER, British Columbia, Dec. 15, 2017 -- MGX Minerals Inc. is pleased to report that the initial ground survey is nearing completion in preparation for a detailed 3D seismic survey of its Utah Petrolithium project . The survey of the Project includes approximately 9,000 source points. This model will outline subsurface geological formations [...]
VANCOUVER, British Columbia, Dec. 13, 2017 -- MGX Minerals Inc. is pleased to announce it has signed a definitive agreement with 8230137 Canada Inc. and the minority shareholders of ZincNyx Energy Solutions, Inc. to acquire all the issued and outstanding shares of ZincNyx. Upon closing of the Agreement ZincNyx will become a 100% owned subsidiary of [...]
MGX Minerals is pleased to announce, further to its news release dated November 29, 2017, it has closed the first tranche of its previously announced non-brokered private placement financing for proceeds of up to $7,500,000 . The first tranche generated raising gross proceeds of $6,304,801.60 by issuance of 3,092,192 flow through units at $1.05 per [...]
VANCOUVER, British Columbia, Dec. 06, 2017 -- MGX Minerals Inc. is pleased to report that engineering partner PurLucid Treatment Solutions has partially commissioned the commercial-scale NFLi5 lithium recovery system at its new manufacturing facility in Calgary, Alberta. The pre-treatment nanoflotation and nanofiltration system is now operational [...]
VANCOUVER, British Columbia, Dec. 04, 2017 -- MGX Minerals Inc. is pleased to report that joint venture partner Power Metals Corp. has announced assay results confirming the presence of high-grade spodumene in the Northeast dyke at Case Lake, Cochrane, Ontario. 32 cm by 2 cm spodumene crystal in Northeast Dyke – south outcrop Oval cross [...]
VANCOUVER, British Columbia, Dec. 01, 2017 -- MGX Minerals Inc. is please to announce it has retained former California Senate Majority Leader Richard Polanco as an advisor and consultant to the Company. Mr. Polanco will lead direct negotiations with the State of California and local municipalities regarding targeted exploration locations and sites [...]
MGX Minerals is pleased to announce the Company has opened a field office in Santiago, Chile to evaluate new strategic business opportunities and potential project acquisitions. The Company has retained the services of Kura Geoscience SPA to lead in-country asset development. Kura Minerals is a leading consulting firm with existing relationships [...]
