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MGX Minerals Inc. (”MGX” or the ”Company”) (CSE: XMG; FKT: 1MG; OTCQB: MGXMF) is pleased to announce the Company has been nominated in two categories as a finalist for the S&P Global Platts Metal Awards. MGX has been chosen as a finalist for the Base and Specialty Metals Industry Leadership Award as well as the Breakthrough Solution of the Year Award.
Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce initial results from the ongoing winter drilling campaign at the Gladiator Gold Deposit, including an intersection of 16.9 g/t Au over 6.5 m. High-grade intersections from four recent drill holes continue to demonstrate the continuity of the deposit and once again highlight the predictability of the mineralized zones with increased drilling density. The ongoing drilling campaign, totaling 70,000 m in 2018, includes infill and definition drilling at the Gladiator Gold Deposit. Five active drill rigs are currently focused to support the timing and completion of an updated mineral resource estimate in the second half of 2018.
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) (the “Company“) is pleased to announce that the Company has granted 950,000 incentive stock options to various Directors, Officers and Consultants. The options are exercisable at $0.20 per option for a period of 2 years from the date of grant and have no vesting conditions. The options are being issued under the terms of the Company’s Stock Option Plans which were approved by shareholders at the Company’s Annual General and Special Meeting on April 21, 2016.
Bayhorse Silver Inc. (TSXV: BHS) (“Bayhorse” or the “Company”) is pleased to report that Scandium values have been identified accompanying the high silver assays reported in its news release BHS2018-06, (March 6, 2018) from the Legend, Sunshine and Big Dog mineralized zones, Bayhorse Silver Mine, Oregon, USA.
Pacton Gold Inc. (TSXV: PAC) (the “Company” or “Pacton”) is pleased to announce the appointment of Sprott Capital Partners as advisors to assist the Company with its awareness and marketing arrangements, including providing strategic capital advice to the Company.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that as a result of the recently announced positive Preliminary Economic Assessment (“PEA”) for the production of 161,000 net tonnes per year of magnesium oxide (MgO) at its Driftwood Creek Magnesium Project (“Driftwood Creek” or the “Project”), the Company has engaged engineering firm Hatch Ltd. (“Hatch”) to complete a scoping study for the purpose of selecting appropriate process and associated economics for the upgrading of magnesium oxide to magnesium metal. The Hatch study will evaluate process routes, and order of magnitude capital and operating cost estimates for an initial 10,000 tonne per year (tpy) magnesium plant as well as address various environmental and engineering topics.
Pacton Gold Inc. (TSXV: PAC) (the “Company” or “Pacton”) announces that it has agreed, subject to the acceptance of the TSX Venture Exchange, to settle $550,000 worth of debt to arm’s length parties by the issuance of 1,833,333 common shares of the Company at a deemed price of $0.30 per share. All shares issued pursuant to the debt settlement will be subject to the standard four month and one day regulatory hold periods.
Crown Mining Corp. (TSXV: CWM) (“Crown” or “the Company”) is pleased to announce that it has exercised its option to acquire and completed the purchase of a 100% undivided right, title and interest in its Moonlight property (the “Property”) located in Plumas County in northeast California, USA.
Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) Mr. David Sidoo, President and CEO, announces that stock options have been granted to purchase up to 200,000 common shares of the Company at price of $1.11 per share for a term of five years.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce it has commenced optimization of charging and oxygen fuel generation functions for its zinc air fuel cell battery as part of the mass production design phase.