MGX Minerals (CSE: XMG) Core Technology Recognized as Finalist for Katerva Award - The Nobel Prize of Sustainability

Spotlight Companies |

MGX Minerals Inc.(CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report that the Nanoflotation technology developed by David Bromley Engineering (DBE) and licensed exclusively to MGX engineering and technology development partner PurLucid Treatment Solutions Inc. ("PurLucid") has been nominated for the prestigious international Katerva Award.

The Katerva Award recognizes disruptive sustainable innovations from around the world. The patented nanoflotation technology, which removes metals and physical particulate from oil and gas waste water, has been nominated as one of ten finalists for the Energy and Power category. PurLucid has developed a lithium recovery method that relies on Nanoflotation as a core component of the water treatment and mineral recovery process. PurLucid holds exclusive rights to the technology for use in oil and gas water and brine treatment with the rights to expand licensing across sectors and geographies globally.

MGX and PurLucid entered into an Acquisition Agreement (the "Agreement") in September 2016 (see press release dated September 15, 2016).



About MGX Minerals
MGX Minerals (CSE: XMG) is a diversified Canadian mining company engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. The Company operates lithium, magnesium and silicon projects throughout British Columbia and Alberta as well as petro lithium exploration in Utah. For more information please visit the Company’s website at www.mgxminerals.com.

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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
XMG:CNX MGX Minerals Inc. 1.00 -0.01 -0.99 258,222

Comments

Private Markets

CF0005, LLC dba Mesa-Marshall #1-2

MESA Resources, Inc. ("MESA") is sponsoring the development of the oil & gas well completion project "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development…

California Green Tree Development

California Green Tree Development LLC (CGTD) is a for-profit LLC that plans on using California’s booming market of legal cannabis products for medical purposes. As an unprecedented resource, Cannabis has…