MGX Minerals Inc.(CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce as a result of the recently closed acquisition of now wholly-owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”), the Company now controls 20 metal air battery and fuel cell patents. To date ZincNyx has been awarded 20 patents covering its mass storage technology. A list of existing published patents are as follows:
Table 1. Existing ZincNyx Patents
|
Item |
Identification |
|
Discrete Particle Electrolyzer Cathode and Method of Making |
US 7,470,351 |
|
Methods and Devices for Controlling Flow and Particle |
US 7,276,309 |
|
Method of Production of Metal Particles Through Electrolysis |
US 7,273,537 |
|
Controlled Concentration Electrolysis System |
US 7,166,203 |
|
Fuel Cell System |
US 6,911,274 |
|
Method of and System for Determining the Remaining |
US 6,873,157 |
|
Method of and System for Cooling a Backup Power System |
US 6,841,276 |
|
Electrolyte-Particulate Fuel Cell Anode |
US 6,787,260 |
|
Methods of Using Fuel Cell System Configured to One or |
US 6,764,785 |
|
Method and System for Flushing One or More Cells in a |
US 6,764,588 |
|
Power System Including Heat Removal Unit for Providing |
US 6,746,790 |
|
Refuelable Electrochemical Power Source Capable of Being |
US 6,706,433 |
|
Methods of Producing Oxygen Reduction Catalyst |
US 6,689,711 |
|
Manifold for Fuel Cell System |
US 6,679,280 |
|
System and Method for Power Management |
US 6,522,955 |
|
Method of Electrodepositing Metal on Electrically |
US 6,432,292 |
|
Refuelable Electrochemical Power Source Capable of Being |
US 6,296,958 |
|
Particle Feeding Apparatus for Electrochemical Power Source |
US 6,162,555 |
|
System and Method for Preventing the Formation of |
US 6,153,328 |
|
Method and Apparatus for Refueling an Electrochemical |
US 5,952,117 |
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1b8d8a25-7aee-4eb6-8563-7e6cff91e4ba
Overview of Technology
ZincNyx has developed a patented regenerative zinc-air flow battery that efficiently stores energy in the form of zinc particles and contains none of the traditional high cost battery commodities such as lithium, vanadium, or cobalt. The technology allows for low cost mass storage of energy and can be deployed into a wide range of applications.
Unlike conventional batteries, which have a fixed energy/power ratio, ZincNyx’s technology uses a fuel tank system that offers flexible energy/power ratios and scalability. The storage capacity is directly tied to the size of the fuel tank and the quantity of recharged zinc fuel, making scalability a major advantage of the flow battery system. In addition, a further major advantage of the zinc-air flow battery is the ability to charge and discharge simultaneously and at different maximum charge or discharge rates since each of the charge and discharge circuits is separate and independent. Other types of standard and flow batteries are limited to a maximum charge and discharge by the total number of cells as there is no separation of the charge and discharge components.
To watch a short video outlining ZincNyx technology, please visit http://www.zincnyx.com/technology/
About ZincNyx Energy Solutions
To learn more about ZincNyx technology visit www.zincnyx.com.
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