MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to provide an update regarding the proposed spin-out of its wholly owned subsidiary, ZincNyx Energy Solutions Inc. (“ZincNyx”), the intentions for which were previously announced in the Company’s April 3, 2018 news release (the “Prior Release”). The Company has determined to fix June 29, 2018 as the record date (the “Record Date”) for the proposed distribution of the payment of a dividend in kind of common shares in the capital of its wholly owned subsidiary, ZincNyx (the “ZincNyx Shares”) to shareholders of MGX as of the Record Date (“MGX Shareholders”). U.S shareholders will be eligible to receive the proposed distribution, however there is no guarantee ZincNyx shares will be listed on a qualified U.S. exchange. The Company expects to issue dividend shares totaling 25%-40% of its holdings in ZincNyx to MGX Shareholders of Record, pending final audit and pricing of shares. read more

Manganese X Corporate Update

Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF)( “Manganese X” ) is pleased to announce that negotiations with Calgary based Mountain Springs Oil and Gas Ltd. (“Mountain Springs”) to acquire a 15 % equity interest in Mountain Springs are progressing well (refer to previous press release March 23rd 2018). Mountain Springs has advised that funding for the expected acquisitions by Mountain Springs will be secured through Integrated Asset Management Corp. and Stonebridge Financial. read more

Bird River Resources Announces AGM Results

Bird River Resources Inc. (BDR:CSE) (“BDR” or the “Corporation”) reports that, at the 2017 Annual and Special Meeting of shareholders held in Winnipeg on April 19, 2018, all matters set forth in the management information circular were approved by the shareholders. Jon Bridgman (CEO), Ed Thompson (Secretary Treasurer), Donal Carroll, Ty Pfeifer and David Walters were elected to the board of directors for the 2018 fiscal year.  Also, the shareholders approved the re-appointment of Magnus LLP Chartered Professional Accountants as the Company’s auditors. read more

MGX Minerals Completes Paleontology Survey at Paradox Basin, Utah Petrolithium Project; Archaeological Study Nearing Completion

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to provide an update on the Company’s Paradox Basin Petrolithium Project (the “Project”). The Project includes the 80,380-acre Blueberry Unit, a recently unitized Federal Oil and Gas Unit created as part of the Project. read more