MGX Minerals and PurLucid Provide Lithium Extraction System Deployment Update; Second Site Agreement Near Completion

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that the Company’s majority owned engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) is nearing completion of its second commercial-scale contract for deployment of MGX-PurLucid water treatment and lithium extraction systems at petrolithium sites in Alberta. Final assembly, site preparation and deployment are underway for the initial site and installation at both sites is expected to be largely complete by June 2018. Under the agreement MGX remains in control of all lithium and other minerals extracted using the lithium extraction systems. read more

MGX Minerals Increases Ownership in Cleantech Engineering Partner PurLucid Treatment Solutions; Low Cost Nanofiltration Lithium Extraction System Nearing Deployment

CSE:XMG, MGX Minerals, lithium,

VANCOUVER, BRITISH COLUMBIA / TheNewswire / January 4, 2018 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report the Company has increased its ownership in engineering partner PurLucid Treatment Solutions (“PurLucid”) from 34% to 46% by investment of C$1.45M. The Company maintains the right to acquire 100% of PurLucid through successive future investments. read more

3D Seismic Geophysics at Paradox Basin, Utah Petrolithium Project

CSE:XMG, MGX Minerals, lithium,

January 2, 2018 – MGX Minerals Inc.(“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) 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 “Project”). The survey includes approximately 9,000 source points. The purpose of the geophysical survey is to outline subsurface geological formations and structures favorable for accumulations of oil and gas as well as lithium brine bearing formations. read more