FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”) would like to congratulate High Tide Inc. (CSE: HITI) (OTCQB: HITIF) (FRA: 2LY) (“High Tide”) on the recent announcement from Alberta Gaming, Liquor and Cannabis lifting the moratorium on issuing cannabis licenses and accepting license applications. The announcement is an encouraging sign of steadily improving cannabis supply levels in Alberta and is a positive step for companies like High Tide that have numerous stores ready and waiting to retail cannabis products.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has deployed the first advanced wastewater treatment system in Alberta. The customer will pay C$35 per cubic meter for evaporator blowdown wastewater (“EBD”) processing. Delivery of first EBD wastewater is expected to occur on November 13th. The system, capable of processing 5 m3/h, is expected to operate at full capacity. The system will take highly concentrated EBD wastewater and treat it to a level suitable for reuse or standard low-cost disposals of clean liquids and physical solids and particulate. The system will provide significant cost savings for the customer.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has delivered the first petrolithium and advanced wastewater treatment system to a centralized treatment and processing facility north of Edmonton and proximate to the Alberta oilsands. The commercial-scale 750 barrel per day (bpd) system is currently in final phase electrical connection and will be in operation shortly. MGX and PurLucid expect to begin processing concentrated evaporator blowdown wastewater under an existing agreement with an oilsands SAGD operator in early November and additional wastewater containing lithium from a second oilsands SAGD operator shortly thereafter.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to report that engineering subsidiary PurLucid Treatment Solutions (“PurLucid”) is shipping the first petrolithium and advanced wastewater treatment system on Monday, October 8th. The commercial-scale 750 barrel per day (bpd) system will be delivered to a centralized treatment and processing facility north of Edmonton and proximate to the Alberta oilsands. Installation of the plant will take approximately three weeks to complete.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) and Highbury Energy Inc. (“Highbury”) are pleased to report additional work has commenced on gasification of petroleum coke (“petcoke”), an oilsands and refinery by-product, into a synthetic liquid equivalent to refinery crude oil feedstock. The expanded research and development is focused on the re-processing of petcoke waste product to a synthetic crude oil. The target specification is being designed to allow for reuse of petcoke into a primary input equivalent to crude oil that can be upgraded into petro-chemical products in a traditional refinery without any modification to existing equipment. The goal is to produce a fuel which can seamlessly integrate into existing refinery operations. This represents a potential long-term use for the large existing stockpiles of petcoke as well as ongoing output of petcoke and other waste products without significant changes to the existing refinery infrastructure. To date work has been focused on petcoke to hydrogen gas output and the extraction of metals from the gasification of the residual ash, in particular vanadium, nickel, and cobalt.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) / (OTCQB:MGXMF) / (FSE:1MG) and its 51% owned engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to provide a progress report related to the deployment of lithium recovery and wastewater treatment systems in Alberta, Canada. To date, MGX and PurLucid have completed commercial-scale trials with multiple oilfield operators and are now preparing to deploy systems.
Bird River Resources Inc. (CSE:BDR) (“Bird River”) and Divestco Inc. (TSXV: DVT) (“Divestco”) today announced a cogeneration joint venture (the “Cogen”) which will convert natural gas to electricity via a boiler-turbine at an industry low cost of 1.4 cents per kilowatt hour (based on current natural gas spot prices). Regulatory approvals are in place for the Cogen system to feed up to 3 megawatts of electricity into the power grid. The Cogen has secured a reliable, long-term gas supply through a privately owned natural gas producer. Construction and implementation of the project is expected to take 4-5 months.