GREY:MGXMF - Post by User
Post by
allenjameson Jun 17, 2022 10:31am
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Post# 34764237
MGX Minerals status report !
MGX Minerals status report !Is MGX M still in business ? Yes. The company is solvent and has recently filed up to date financial statements.
Status of the law suits invovling MGX M ? All law suits where entities have been sueing for non payment have been settled or droped.
JL is still before the securities commission regarding a error made by a independent contractor. This should be settled by Sept. 2022.
The dissident share holders have failed in their atempt to force a AGM. They no longer have a lawyer. They have no case.
When will trading start ? Financials are now up to date and and filed with the secusssrities commission. This was the reason for the trading halt. When the financials have been cleared as correct by the securities commission, MGX M will be elibible to resume trading. This may take a couple of months.
The company has two projects, Magnesium and silica, ready to be develped and both very valuable projects are active at this time, subject to financing. The Gold projects and Purelucid are no hold at this time.
GOOD LUCK TO ALL INVESTORS.