VANCOUVER, British Columbia, June 29, 2016 (GLOBE NEWSWIRE) — MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) is pleased to announce the Company has retained ChemCognition LLC (“ChemCo”) of Huntersville, North Carolina to provide strategic marketing and product development services for MGX’s Alberta lithium properties.

ChemCo is spearheaded by Mr. Claudio Manissero who holds over 40 years of global experience in the chemical industry, including significant involvement in mining, environmental, and oilfield industries. Mr. Manissero also spent 21 years at FMC Corporation (“FMC”), where he served as Sales and Marketing Manager. FMC is the second largest producer of lithium globally and the only mine-to-metal producer of lithium in the world.

While at FMC Mr. Manissero oversaw the market development, technical logistics and sales efforts of a wide range of lithium based products. He also directed a technical team on new technology developments that resulted in a number of patents and government and industry approvals. Mr. Manissero obtained a B.S. Degree from Duke University and a M.S. Degree in Organic Chemistry/Biochemistry from Marshall University.

Mr. Manissero is currently the President and co-founder of ChemCo, a private consulting firm designed to provide innovative and sustainable solutions for lithium-based technologies. ChemCo also provides access to a synergized network of specialized firms and manufacturers within the industry.

About MGX Minerals

MGX Minerals (CSE:XMG) is a diversified Canadian mining company engaged in the acquisition and development of industrial mineral deposits in western Canada that offer near-term production potential, minimal barriers to entry and low initial capital expenditures. The Company operates lithium, magnesium and silicon projects throughout British Columbia and Alberta. For further information, please visit the Company’s website at 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”, “potentially” 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.

CONTACT: Contact Information

Jared Lazerson
Chief Executive Officer
Telephone: 604.681.7735
Email: [email protected]