MGX Minerals is pleased to that is has competed an over-subscribed, non-brokered private placement of 3,361,834 flow-through units at a price of $1.00 per Flow-Through Unit for gross proceeds of CA$3,361,834. Each Flow-Through Unit consists of one common share of the Company, issued on a "flow-through" basis pursuant to the Income Tax Act (Canada [...]
MGX Minerals is pleased to announce the offering, by way of non-brokered private placement, of up to 2,500,000 flow-through units at a price of $1.00 per Flow-Through Unit for gross proceeds of up to $2,500,000. Each Flow-Through Unit will consist of one common share of the Company, issued on a "flow-through" basis pursuant to the Income Tax Act [...]
MGX Minerals reports as a result of a review by the British Columbia Securities Commission we are issuing the following news release to clarify disclosure. In a news release dated April 26, 2017 the Company referred to a technical report filed on SEDAR, which contained scientific analysis of the Company's rapid extraction process of lithium and [...]
VANCOUVER, British Columbia , June 01, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to report the maiden shipment of lithium chloride 30% concentrate to the Company's lithium compound upgrader. The samples will be analyzed for upgrading to 99% lithium [...]
MGX Minerals is pleased to report the maiden shipment of lithium chloride 30% concentrate to the Company's lithium compound upgrader. The samples will be analyzed for upgrading to 99% lithium carbonate and suitability for direct to lithium hydroxide upgrading. MGX is currently in discussions regarding global tolling and upgrading of lithium [...]
VANCOUVER, British Columbia, May 31, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the closing of the second tranche of the Company’s previously announced private placement financing (the “Offering”) through the distribution of [...]
MGX Minerals to exploit oil, gas, and/or lithium from every hole they drill. VANCOUVER, May 30, 2017 /CNW/ - A newly released independent engineering report from SigmaCubed Engineering detailing production rates in Utah's Lisbon Valley. The study is examining what could mark an evolution in the oil and gas industry: Lithium from oil wells [...]
MGX Minerals is pleased to report the Company has received an independent engineering report from SigmaCubed Engineering detailing projected production rates for barrels of water per day for its Lisbon Valley, Utah Petrolithium(™) project. The proprietary engineering report examines various wellbore configurations designed to optimize oil [...]
MGX Minerals is pleased to announce the Company will be presenting at InvestorIntel’s 6th Annual Cleantech and Technology Metals Summit taking place May 15-16 at the Omni King Edward Hotel in Toronto. MGX President and CEO Jared Lazerson will be speaking at the event on Tuesday, May 16th at 3:20pm EDT, on the subject of “Petrolithium [...]
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, May 12, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to [...]
VANCOUVER, British Columbia, May 04, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to report the Company has entered into an agreement for water handling and lithium extraction with a major oil and gas company. The newly signed Demonstration Plant Agreement [...]
VANCOUVER, British Columbia, May 02, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF), a developer of lithium, magnesium and silicon projects using innovative processes to supply the new energy economy, today announced it has finalized an investment agreement for the purpose [...]