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MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to its 100% wholly-owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has signed a Letter of Intent (the “LOI”) to enter into a partnership agreement with New York based systems integrator Digital Energy Corporation (“Digital”).
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) announced today that it has filed on SEDAR a National Instrument 43-101 Preliminary Economic Assessment (“PEA”) Technical Report for its Driftwood Creek magnesium project (“Driftwood Creek”) located in southeastern British Columbia.
Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to provide this update on the brine sampling of diamond core hole CAU17 in the NW Sector of the Cauchari JV property located in Jujuy Province, Argentina.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that its wholly owned subsidiary ZincNyx Energy Solutions Inc. (“ZincNyx”) has developed new methods to expand the capacity of its zinc-air fuel cell battery as part of the mass production design phase.
Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to provide an update on project developments at the Cauchari JV, including recent results received on the brine sampling of diamond core hole CAU18 in the NW Sector.
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.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce its intention to publicly list its wholly owned subsidiary ZincNyx Energy Solutions Inc. (“ZincNyx”) and pay a partial share dividend of ZincNyx directly to MGX shareholders of record. The planned result will be a separate publicly-traded company (the “Transaction”) primarily owned by MGX and its shareholders of record. The Transaction is aimed at realizing the full value of ZincNyx and the unique opportunity of replacing or augmenting diesel generators globally with zinc-air mass storage systems in addition to backup and load balancing applications. The opportunity to replace marine diesel engines with electric engines and zinc-air fuel cells is now being evaluated due to the ability to refuel the systems in a method similar to traditional refueling, from onshore refueling tanks, but using the environmentally benign charged zinc electrolyte.
Millennial Lithium Corp. (TSXV:ML) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that the Company has qualified to trade on the OTCQX Best Market, operated by OTC Markets Group Inc. As of market open April 3, 2018, Millennial will begin trading on OTCQX under the symbol “MLNLF” and will continue to trade on the Toronto Venture Exchange under the symbol “ML”
One of the extraordinary aspects of Canada’s junior mining sector is just how international it actually is. Millennial Lithium (V.ML) is headquartered in Vancouver, is advancing two lithium projects in Salta province in Argentina but its CEO, Farhad Abasov is based much closer to the lithium markets in China. Abasov’s last project, Allana Potash Corp, was a deposit in Ethiopia which was eventually sold to Israel Chemicals (ICL) for $170M in 2015.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce that the Spring Drill program at the Company’s Case Lake Lithium JV (“Case Lake”) will commence in May. Spring/Summer drilling will total 8,000 meters followed by an additional 7,000 meters of planned drilling in the Fall. There have been 8,400 meters of drilling completed at Case Lake to date. Substantial spodumene mineralization intersections have included: