RE:RE:6,253,842 Common Shares and 6,253,842 Warrants These share are now coming free trading.
MGX MINERALS INC. 6,253,842 Common Shares and 6,253,842 Warrants issuable upon exercise of 6,253,842 outstanding Special Warrants This short form prospectus (the “Prospectus”) qualifies for distribution 6,253,842 common shares (the “Underlying Shares”) and 6,253,842 common share purchase warrants (the “Underlying Warrants” and, together with the Underlying Shares, the “Underlying Securities”) of MGX Minerals Inc. (“MGX” or the “Company”) issuable for no additional consideration upon exercise or deemed exercise of 6,253,842 issued and outstanding special warrants of the Company (the “Special Warrants”). The Special Warrants were issued on May 12, 2017 and May 31, 2017 (the “Closing Dates”) pursuant to a special warrant indenture dated May 12, 2017 (the “Special Warrant Indenture”) between the Company and Computershare Trust Company of Canada (the “Special Warrant Agent”), and in accordance with an agency agreement dated May 12, 2017, as amended and restated May 31, 2017 (the “Agency Agreement”) between MGX and Mackie Research Capital Corp. (the “Agent”). The Special Warrants were sold to purchasers in the provinces (collectively, the “Qualifying Provinces”) of British Columbia, Alberta and Ontario (the “Special Warrant Offering”) through the Agent at a price of $0.90 per Special Warrant (the “Special Warrant Offering Price”). See “Plan of Distribution”. The Special Warrants are not available for purchase pursuant to this Prospectus and no additional funds are to be received by the Company, nor any commission or fee payable by the Company, in connection with the distribution of the Underlying Securities. The Special Warrant Offering Price and the other terms of the Special Warrant Offering were determined by negotiations between the Company and the Agent. See “Plan of Distribution”.