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MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce, further to its news release dated June 5, 2018, it has closed its previously announced non-brokered private placement financing for total gross proceeds of $15,492,334.45 (the “Offering”).
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to report that joint-venture partner Power Metals Corp. (“Power Metals”) has commenced drilling in the Main Dyke area on the Henry Dome at the Case Lake lithium property (“Case Lake”). Power Metals expects to complete over 15,000 metres of drilling and will test several new targets that were recently identified through previous drilling and mapping.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (FRA:S5L) is pleased to provide the following updates on the Company’s fully funded resource assessment programs underway at its two brownfield lithium brine project locations.
VANCOUVER, British Columbia, June 14, 2018 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSX-V:SLL) (FRA:S5L) is pleased to announce that they have engaged Hunt Guillot & Associates LLC (HGA) of Ruston, Louisiana, to provide engineering services for site preparation, utility connections and brine supply/disposal pipeline connections at the Company’s Pilot Plant site location in El Dorado, Southern Arkansas. HGA experts are very familiar with the plant location, and their scope of work includes geotechnical investigations and civil infrastructure required to site the pilot plant modules; design and tendering of any structures required to house and protect the pilot plant infrastructure; all utility and brine pipeline interconnections; and pilot plant installation.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (FRA:S5L) is pleased to announce that it has commissioned Saltworks Technologies Inc. (“Saltworks”) to design and build a novel, selective crystallisation plant to make battery-grade lithium carbonate in a continuous process. The feedstock to the crystallisation plant will be the high-purity lithium solution produced by the full-scale Selective Extraction Pilot Plant previously announced by the Company on 26th March 2018. The crystallisation plant will be intelligently automated and will utilise machine-learning to optimise the crystallisation conditions. The selective crystallisation plant will be designed, built and tested in Vancouver, BC, and will then be deployed at the Company’s Pilot Plant location in El Dorado, Arkansas. This novel, continuous selective crystallisation plant is based on work conducted by Professor Jason Hein, a member of Standard Lithium’s Technical Advisory Committee, that has been demonstrated at bench scale to result in reproducible and high purity lithium carbonate crystallisation.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to announce the Company intends to complete a non-brokered private placement to raise gross proceeds of up to CA$7,007,000 on a non-flow through basis (the “NFT Financing”) and a concurrent non-brokered flow through private placement to raise gross proceeds of CA$5,002,500 (the “FT Financing”), for aggregate gross proceeds of up to CA$12,009,500.
Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to report that the Company has been granted the environmental permit to conduct geophysics and a drilling program of up to 6 wells on its Cauchari East lithium brine target in Jujuy Province, Argentina.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) and engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to report that, prior to deployment, demonstration of the NFLi-5 commercial-scale rapid lithium extraction system, capable of processing 750 barrels per day (120 cubic meters), is scheduled to take place immediately with oil and gas companies, industrial customers, lithium brine owners and international media scheduled to view the system. Demonstration of the lithium and petrolithium extraction and water treatment system will take place in the first half of June at the PurLucid manufacturing facility in Calgary, Alberta.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that 100% wholly-owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) and its research partners will receive a grant from Canada’s Natural Science and Engineering Research Council (“NSERC”) to develop nanostructured material for their next generation Zinc-air energy storage.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to provide shareholders with a progress report on its expanding silicon portfolio in British Columbia along with planned 2018 development activities. MGX is investigating the potential to source high-grade silica as a feedstock to be used in industrial silicon metal and solar silicon metal applications.