MGX Minerals announces, that at the request of IIROC, the Company wishes to retract the potentially misleading statements disseminated in the February 2, 2017 press release: -The Company retracts the statement that its patent pending lithium extraction process may "potentially reduce recovery times of lithium and other valuable minerals from 18 [...]
MGX Minerals provides further details on the previously announced acquisition of the Lisbon Valley petro lithium project. Per terms of the Agreement, the Company has the right to purchase a 100% interest in 888 placer mineral claims for US$75,000 upon execution (paid), $25,000 within 90 days, and the issuance of 200,000 common shares of the [...]
MGX Minerals is pleased to announce it has acquired the Lisbon Valley petro lithium project located in the Paradox Basin. The Project includes 888 placer mineral claims inclusive of lithium brine mineral rights covering the majority of the Lisbon Valley oil and gas field, where historic lithium brine content has been reported as high as 730 parts [...]
MGX Minerals is pleased to report that shareholders voted in favor of all resolutions brought forth at the Company's annual general meeting of shareholders held on Friday, January 27, 2017 in Vancouver, British Columbia. At the Meeting 32.69% of shares on record were voted. Resolutions proposed and approved at the Meeting included: -The number of [...]
MGX Minerals is pleased to announce that Mr. Marc Bruner, a leader in the development of unconventional oil and gas projects throughout North America and internationally, will serve as Chairman of the Board for MGX Minerals as well as direct petro lithium (lithium and oil) acquisitions and development for the Company's wholly owned subsidiary [...]
MGX Minerals is pleased to announce formation of the PetroLithium Corp. of America, a 100% owned U.S. subsidiary of the Company. MGX has mandated PetroLithium Corp. to acquire oil field assets, including brine-bearing lithium resources, oil wells and existing oil and gas infrastructure. Staking and oil well acquisition activities in lithium [...]
VANCOUVER, Jan. 18, 2017 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to provide additional details from the Company's recent extraction of lithium from heavy oil wastewater (see press release dated January 3, 2017) and an update on research and development. MGX continues to work with partners [...]
VANCOUVER, Jan. 3, 2017 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report the Company has successfully extracted lithium from heavy oil wastewater. Results are part of the ongoing optimization for completion and deployment of a pilot plant in support of its 487,000 hectare Alberta lithium [...]
VANCOUVER, Dec. 15, 2016 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the Company has acquired 11 additional Metallic and Industrial Minerals Permits (the "Permits") covering an additional 91,610.02 hectares in the Province of Alberta. The Permits cover the Redwater and Swan Hills [...]
VANCOUVER, British Columbia, Dec. 08, 2016 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) / (FKT:1MG) / (OTC:MGXMF) is pleased to report the Company has entered into a water sampling and analyses agreement (the “Agreement”) with the operating oil company (the “Operator”) of [...]
VANCOUVER, British Columbia, Dec. 05, 2016 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to report assay results from infill and extension drilling at its flagship Driftwood Creek magnesium deposit (“Driftwood Creek”) in British Columbia. The Phase III [...]
VANCOUVER, Oct. 25, 2016 /CNW/ - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report the Company has completed infill and extension diamond drilling at its flagship Driftwood Creek magnesium deposit ("Driftwood"). The recently completed drill program was increased to a total of 16 drill holes totaling [...]
