MGX Minerals Inc.
Mr. Schnake has more than a decade of experience working within the Chilean mining and energy sector. Most recently, he held the title of Chilean Mining Industry Undersecretary, where he was responsible for internal administration within the government body while coordinating with public stakeholders to develop and implement new policies. During his tenure, Mr. Schnake prepared and negotiated numerous government regulations and amendments for the mining sector, including the Special Lithium Operation Contract signed between the government of Chile and Salar de Maricunga SpA, a subsidiary of Codelco, to develop a lithium exploitation project. Prior to his role with the Chilean government, Mr. Schnake acted as advisor to both the General Secretariat of the Presidency as well as Tripontis Ltda., where he designed and drafted contract documents and procedures for Codelco, CMDI Collahuasi, Antofagasta Minerals S.A., and Cementos Bío Bío. He has also held roles at numerous law firms throughout Chile. Mr. Schnake holds a Master(c) in Public Policies from the Universidad de Chile, a Master in Environmental Law from the University of Sydney and a Diploma in Public Policies from the Harris School of Public Policy, University of Chicago.
Rapid Lithium Brine Extraction Technology
MGX has developed a rapid lithium extraction technology eliminating or greatly reducing the physical footprint and investment in large, multi-phase, lake sized, lined evaporation ponds, as well as enhancing the quality of extraction and recovery across a complex range of brines as compared with traditional solar evaporation. This technology is applicable to petrolithium (oil and gas wastewater), natural brine, and other brine sources such as lithium-rich mine and industrial plant wastewater. The technology was recently chosen as winner of the Base and Specialty Metals Industry Leadership Award at the 2018 S&P Global Platts Global Metals Awards, held in London in May (see press release dated May 18, 2018).
About MGX Minerals
MGX Minerals is a diversified Canadian resource company with interests in advanced material and energy assets throughout North America. Learn more at www.mgxminerals.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.
