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MGX Minerals Retains ChemCognition LLC to Provide Lithium Marketing and Product Development Services

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VANCOUVER, BRITISH COLUMBIA – June 29, 2016 – 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 the 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, including the Driftwood magnesium project. MGX has recently received approval of a 20 year mining lease for Driftwood and bulk sampling is currently underway.

For more information please visit the Company’s website at www.mgxminerals.com.

Contact Information
Jared Lazerson
Chief Executive Officer
Telephone: 604.681.7735
Email: jared@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.

Disclaimer © 2010 Junior Gold Report
Junior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

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