MGX Minerals. WKN: A12E3P
Es gab hier übrigens keine wirklich guten Nachrichten. Ohne Nachweis der Funktion ( Patent) der Anlage und ohne bestätigte Resource geht hier nicht viel. Das wäre der Treibstoff für die Rakete, der Rest ist nur geplänkel.
Das klingt ziemlich gut, wenn dann die Anlage voll funktionsfähig ist. PowerMetals hat sehr große Resourcen, da würden sich dann mehrere Anlagen rechnen.
MGX Minerals Acquires 110,000 Acres of Paradox Basin, Utah Oil and Gas Leases
VANCOUVER, BRITISH COLUMBIA / March 23, 2017 / MGX Minerals Inc. (MGX or the Company) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce it has entered into a Joint Operating Agreement (the Agreement) with a private vendor to act as operator and acquire a 75% working interest in certain underlying Oil and Gas Leases (the Leases) located contiguous to the Companys Lisbon Valley petrolithium project.
The Leases cover portions of San Juan County, Utah and San Miguel County, Colorado and will provide access to the brine-bearing aquifer systems within the Lisbon Valley area of the Paradox Basin. Preparations to permit the Petrolithium #1 borehole well will commence upon closing of the Agreement.
The Company plans to conduct well-sampling and collect seismic data to advance hydrogeological understanding within the Pennsylvanian-age Paradox Formation, which consists of a thick (>3,667 meters) evaporite sequence. The most active period of subsidence extended from mid-Pennsylvanian to Late Triassic time. Thick cyclic accumulations of salt were deposited early and influenced by irregular and episodic movements of the faults, resulting in salt redistribution and flexure of the overlying rock. As a result, there are a large number of identified clastic zones.
Agreement Terms
To earn a 75% working interest, MGX will make payments totaling US$2,000,000 on or before September 1, 2018. The Company can choose to accelerate payments and issue consideration totaling $1,700,000 on or before September 1, 2017, in which case the vendor will waive any additional payments due.
MGX has granted the vendor a Carry Period (Carry Period) in which MGX shall be responsible for 100% of all expenses incurred. The Carry Period shall be considered satisfied once MGX has made all required payments or drilled at least one well on the Leases on or before February 28, 2020. Upon satisfying these conditions MGX shall earn an undivided 75% working interest in the Leases and the vendor shall be responsible to contribute proportionate expenses equal to their interest in the Leases.
Overview of Lisbon Valley Oilfield
The oil and gas leases are proximate to the Company's Lisbon Valley Lithium Project which overlies the Lisbon Valley oil and gas field located approximately 40 miles southeast of Moab, Utah in the salt anticline belt on the southwest edge of the Paradox Basin in San Juan county. Historic lithium brine content has been reported as high as 730 parts per million lithium (Superior Oil 88-21P) at Lisbon Valley. The region is home to the former Rio Algom uranium mill facility, an active copper mine operated by Lisbon Valley Mining Company, and a natural gas processing plant.
Qualified Person
The technical portions of this press release were prepared by Dr. Preston McEachern, CEO of PurLucid Treatment Solutions Inc., and have been reviewed by Andris Kikauka (P. Geo.), Vice President of Exploration for MGX Minerals. Mr. Kikauka is a non-independent Qualified Person within the meaning of National Instrument (N.I.) 43-101 Standards.
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 Companys website at www.mgxminerals.com.
Contact Information
Jared Lazerson
President & CEO
Telephone: 1.604.681.7735
Web: 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.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "postulate" and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.
You are receiving this email because you have subscribed to receive news alerts from MGX Minerals. Our Mailing Address is 1080 Howe St., Suite 303, Vancouver, BC V6C 2T1.
Unter diesem Link gibt es eine gute Stellungsnahme
http://www.cheminst.ca/magazine/news/alberta-wells-gush-different-gold
Ist interessant durchzulesen.
Die neue Technik birgt ungeheure Interessen für einige Gesellschaften.
Nur für interessierte und keine Kaufaufforderung.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
VANCOUVER, BRITISH COLUMBIA / April 4, 2017 / MGX Minerals Inc. (MGX or the Company) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce it has filed an annual information form with Canadian securities authorities. MGX has also filed its unaudited interim financial statements for the three and six months ended January 31, 2017 and 2016, together with accompanying management's discussion and analysis.
Closing of MGX's previously announced private placement financing (the "Offering") through the offering of special warrants of the Company ("Special Warrants") is now expected to take place on or about April 25, 2017, or at such other date as reasonably agreed upon by Mackie Research Capital Corporation ("MRCC"), the lead agent under the Offering, and the Company. MRCC may invite other registered investment dealers to participate as syndicate members in the Offering (MRCC, together with such additional syndicate members, the "Agents"). MRCC's minimum syndicate position in the Offering shall be 75%.
Up to 4,166,666 Special Warrants will be offered at a price of CAD$1.20 per Special Warrant (the "Issue Price") for gross proceeds of up to CAD$5,000,000. In addition, the Company has granted the Agents an option (the "Agents' Option") to increase the size of the Offering by up to an additional 625,000 Special Warrants, for additional gross proceeds of up to CAD$750,000, at any time up to 48 hours prior to the closing of the Offering. Each Special Warrant shall be exercisable, for no additional consideration, into one unit ("Unit") of the Company. Each Unit shall be comprised of one common share ("Common Share") and one common share purchase warrant ("Warrant") of the Company. Each Warrant will be exercisable to purchase one Common Share at a price of CAD$1.55 for a period of 24 months following the closing of the Offering. If at any time prior to the expiry of the Warrants the ten day volume-weighted average trading price of the Common Shares exceeds CAD$2.00 then the Company may provide notice to the holders of the Warrants that the Warrants will expire 30 days after the date of the notice.
In connection with their services provided in connection with the Offering, the Agents will receive a cash commission (the "Commission") equal to 6.5% of aggregate gross proceeds raised from the Offering as well as compensation options ("Compensation Options") in an amount equal to 6.5% of the number of Special Warrants sold under the Offering. The Compensation Options shall be exercisable at any time up to 24 months following closing of the Offering at an exercise price equal to the Issue Price. Each Compensation Option shall entitle the holder thereof to receive, upon exercise, one Special Warrant or, in the event that the Special Warrants have all been exercised in accordance with their terms, one Unit. In the event that the Company does not satisfy the Qualification Condition (as defined below) on or before the Qualification Deadline (as defined below) the Compensation Options will be exercisable for 1.1 Units.
As additional consideration for its services provided in connection with the Offering, MRCC shall receive an advisory fee equal to 2% of the aggregate gross proceeds raised from the Offering as well as advisor options (the "Advisor Options") in an amount equal to 2% of the number of Special Warrants sold under the Offering. The Advisor Options shall have terms identical to the Compensation Options.
The total number of Special Warrants sold under the Offering, when calculating the amount of the Commission, the Advisory Fee, the Compensation Options and the Advisor Options, shall include in each case any amount subscribed for pursuant to the exercise of the Agents' Option.
The Company has agreed to use its best efforts to obtain a receipt for a final short form prospectus qualifying the distribution of the Units upon exercise of the Special Warrants (the "Qualification Condition") on or before the date that is 45 days following closing of the Offering (the "Qualification Deadline"). If the Qualification Condition is not satisfied before the Qualification Deadline, each Special Warrant shall become exercisable, without any action on the part of the holders of the Special Warrants, including payment of any additional consideration, to receive 1.1 Units. Prior to the satisfaction of the Qualification Condition, the Special Warrants and the Common Shares and Warrants comprising the Units will be subject to a 4-month hold period from closing of the Offering.
For more information on the Private Placement, please refer to the Company's news release, dated March 1, 2017 available through the Company's profile on SEDAR at www.sedar.com and at www.mgxminerals.com.
Die heutige Mitteilung ist Wasser auf die Mühle und wird den Kurs nach oben spülen.
Da haben wir alle lang genug drauf gewartet.
Bei der freudigen Meldung kann man auch mal einen Spaß machen.
Ich warte lieber noch etwas ab, bevor ich wieder einsteige. Für ein Unternehmen, das bis dato kein Geld verdient hat, ist mir der Kurs immer noch viel zu hoch.
Optionen
| Boardmail an "Meister Joda" |
Wertpapier: MGX Minerals |
MGX hat ein riesen Rohstoffvermögen und ich meine der Kurs könnte sich schon halten.
Wäre jedenfalls wünschenswert
Optionen
| Boardmail an "Meister Joda" |
Wertpapier: MGX Minerals |
Optionen
| Boardmail an "Chalifmann3" |
Wertpapier: MGX Minerals |