​MGX Minerals (MGXMF) (XMG) to Open Office in Santiago, Chile to Evaluate New Projects and Joint Ventures

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MGX Minerals Inc. (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the Company has opened a field office in Santiago, Chile to evaluate new strategic business opportunities and potential project acquisitions. The Company has retained the services of Kura Geoscience SPA ("Kura Minerals") to lead in-country asset development. Kura Minerals is a leading consulting firm with existing relationships throughout South America led by a Chile based management team:

Francisco Acuna - Business Manager

Kura Minerals was co-founded by Francisco Acuna, who previously supported Chilean operations for BHP Billiton. Mr. Acuna was directly involved in the strategic development of Minera Escondida, a subsidiary of BHP Billiton which operates two large-scale open pit copper mines in the Atacama Desert. He also supported other BHP operations through research and development of hypogene ore processing. Mr. Acuna holds a Chem. Eng. from the University of Concepcion, Chile, and a M.Sc. Industry, Trade & Development from the University of Manchester, United Kingdom.

Alvaro Florez - Legal Manager

Prior to joining Kura, Alvaro Florez was In-House Counsel for the Chilean subsidiaries of Freeport-McMoRan Inc. and Lundin Mining Corp. He later joined as an associate at the Energy, Mining and Natural Resources Group of Philippi, Prietocarrizosa, Ferrero DU & Uria Law Firm. Mr. Florez has also collaborated with the Projects, Energy and Natural Resources Group of King & Wood Mallesons, Australia. He holds a Bachelor of Laws from the Universidad de los Andes, Chile, and Master of Law from the University of Queensland, Australia.

Thomas Eggers - Exploration Manager



Prior to joining Kura, Thomas Eggers supervised over 25 exploration projects in Northern-Central Chile, Papua New Guinea and Mongolia for Anglo American plc (LON: AAL). His expertise has allowed him to advise on exploration strategies throughout South America, Africa and Oceania. Mr. Eggers holds an Honours Degree in Geology from Universidad de Concepcion, Chile and an MBA Global Management from Macquarie University (Australia) & Universidad de Chile (Chile).

MGX has mandated Kura Minerals to represent the Company on a variety of fronts, including evaluation, negotiation and permitting of potential new project as well as establishing potential joint venture partnerships to utilize the Company's rapid lithium brine processing technology.

About MGX Minerals

MGX Minerals is a diversified Canadian resource company with interests in lithium, magnesium and silicon assets throughout North America. Learn more at www.mgxminerals.com.

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Companies

Symbol Name Price Change % Volume
XMG:CNX MGX Minerals Inc. 1.09 0.05 4.81 321,433
MGXMF MGX Minerals Inc 0.83 0.03 3.66 178,221

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