MGX Minerals Inc. announces that it has been forced to postpone its annual general meeting and requisitioned meeting of shareholders , originally scheduled for June 30, 2020. The postponement of the Meeting is necessary due to public health measures currently in place with regard to the COVID-19 pandemic. The Company has been advised that it is not possible to hold a contested virtual-only meeting in Canada and a suitable [...]
MGX Minerals Inc. announces that it has been forced to postpone its annual general meeting and requisitioned meeting of shareholders , originally scheduled for June 30, 2020. The postponement of the Meeting is necessary due to public health measures currently in place with regard to the COVID-19 pandemic. The Company has been advised that it is not possible to hold a contested virtual-only meeting in Canada and a suitable [...]
MGX Minerals Inc. is pleased to announce that a field crew, has reached the Heino-Money Deposit mine portal and drill core storage area. Previously, the field crew had cleared 11km of mine access road at the end of 14km of active logging road, connected to the main British Columbia highway system and reached the previously constructed 75 man camp. Access by road in snow, up to eight feet, prevented further progress on the [...]
MGX Minerals Inc. is pleased to announce the engagement of SRK Consulting Inc. for completion of a Maiden Resource Estimate expected to be prepared in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects . See British Columbia MINFILE 082FNW234 for detailed information regarding the deposit and claims. Qualified Person Andris Kikauka , Vice President of Exploration [...]
MGX Minerals Inc. is pleased to announce that a field crew including MGX Vice President of Exploration and Vice President of Operations have mobilized to the Heino-Money Deposit and Tillicum Claims. The field crew has cleared 11km of mine access road at the end of 14km of active logging road, connected to the main British Columbia highway system. With the exception of seasonal snow and occasional forestry debris, the mine [...]
MGX Minerals Inc. is pleased to announce that it has settled its debt to A.I.S. Resources Limited . On November 1, 2019, A.I.S. commenced an action against MGX in the Supreme Court of British Columbia claiming unpaid fees for exploration and related services. MGX and A.I.S. have entered into a settlement agreement under which MGX will issue 3,705,733 common shares in the capital of the Company at a deemed price of $0.075 [...]
MGX Minerals Inc. is pleased to announce an agreement with Dykes Geologic Systems Inc. for over 1,000 digital data files and drawings covering the Heino-Money gold deposit and Tillicum Claims, including, excel spreadsheets of all the data, drill holes, assays, surveys, underground workings and assays, trenches, topography, geology and 3D model, as well as sections and plans through the deposit and original scans of [...]
MGX Minerals Inc. is pleased to provide additional disclosure regarding its acquisition of the Heino-Money gold deposit and Tillicum claims. The Vendors, on a 50/50 basis, are 1240056 B.C. Ltd. and Gustafson Holdings Ltd and are non-related parties. The Company has entered an agreement to purchase a 100% interest in the Heino-Money gold deposit and Tillicum Claims , in the West Kootenay region of British Columbia. By [...]
MGX Minerals Inc. is pleased to announce an agreement to purchase a 100% interest in the Heino-Money gold deposit and Tillicum Claims , in the West Kootenay region of British Columbia. By issuing shares and cash totaling $5,000,000 CDN and completing a work program of $1,050,000 CDN over a three year term, MGX will acquire a 100% interest in the property with a Net Smelter Return to the Vendors of 5%, which may be bought [...]
MGX Minerals Inc. announces as a result of recent advancements by research partner the University of British Columbia , in the development of a silicon anode for next generation lithium ion batteries, the Company has entered into an investor relations agreement with FXCT Media Inc. . FXCT will provide corporate, investor and partnership communication services for the Company's Silicon Anode Lithium Ion Battery project [...]
MGX Minerals Inc. announces it has requested an exemption for filing its Fiscal Q2 Financial Statements and MD&A under BCSC blanket exemption for relief order BCI 51-515: The Company relies on section 4.4 [filing deadline for an interim financial report] of NI 51-102, and [delivery of financial statements] of NI 51-102, section 5.1 [filing of MD&A] of NI 51-102, sections 5.6 [delivery of MD&A] of NI 51-102. The Company's management, directors and other insiders are subject to a trading blackout as described, in principle, in section 9 [...]
MGX Minerals Inc. is pleased to report that its collaborative research partnership with the University of British Columbia has completed a long-term stability evaluation of nanostructured Si fabricated from low-cost metallurgical-grade silicon. The nanostructured Si with specialized surface coating maintained a reversible capacity of 607.5 mAh g-1 at a current density of 2A g-1 for 1,000 battery cycles. Conventional [...]