MGX Minerals Increases Ownership Stake in Cleantech Engineering Partner PurLucid Treatment Solutions to 51%
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MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report the Company is exercising its option to acquire an additional 5% ownership interest in engineering partner PurLucid Treatment Solutions (“PurLucid”) from existing shareholders in exchange for 1 million MGX shares. The Phase IV investment agreement share option exercise increases MGX’s ownership in PurLucid to 51%. The Company maintains the right to acquire 100% through successive future investments.