MGX + ZIMTU VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / December 1, 2014 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG) is pleased to announce the Company has formed a Strategic Alliance (the "Alliance") with Zimtu Capital Corp. ("Zimtu") (TSX.V:ZC.V - News) and Electra Gold Corp. ("Electra") (TSX.V:ELT.V - News) for the purposes of jointly developing industrial mineral properties. "Through this Alliance MGX has found uniquely qualified strategic partners that forms a cornerstone for continued rapid advancement of the
Driftwood Creek magnesium property," stated MGX President and CEO Jared Lazerson. "
Furthermore, the Alliance creates a multitude of opportunities for additional acquisition and development of near-term revenue generating
opportunities in the industrial minerals sector
starting with Longworth Silica."
https://ca.finance.yahoo.com/news/mgx-minerals-forms-strategic-alliance-zimtu-capital-electra-135000728.html
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MGX - enters Alberta Lithium Brines https://www.thenewswire.com/press-releases/LPRFDgNA-mgx-minerals-signs-lithium-brine-agreement-with-major-oil-and-gas-operator.html Sturgeon Lake
Le Duc
Purlucid ( mgx obtains 60% interest - nov 15 2018 )
USA Formations
SA ( south america )
Case Lake hardrock ---------> Power Metals
Metals has an 80% interest with its
20% working interest partner MGX Minerals Inc. https://powermetalscorp.com/news/2018/case-lake-lithium-project-bulk-sample-testing-underway/ MGX 60% - Purlucid
https://www.accesswire.com/528191/mgx-minerals-increases-ownership-to-60-in-cleantech-and-lithium-extraction-partner-purlucid-treatment-solutions Zinc Air Flow Battery
Zinc8 renamed -----> ( Abound ) Co.
March 11, 2020 / MGX Renewables Inc, DBA
Zinc8 Energy Solutions (“Zinc8” or the “Company”), is pleased to announce that it has settled the
debt claimed by MGX Minerals Inc. by agreement to pay to them $1,500,000 over the next 4 months. MGX Minerals Inc. had previously claimed a higher amount and the matter had been in dispute.
Also as part of the settlement, MGX Minerals Inc. has agreed to sell to Zimtu Capital Corp. 5,500,000 shares of Zinc8 for $550,000 that are to be held in escrow and released over approximately two years. The remaining Zinc8 shares in escrow will be retained by MGX Minerals Inc.
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2019 - 2020 October 7, 2019 clarification regarding an unauthorized news release
https://www.nasdaq.com/press-release/mgx-minerals-issues-clarification:-jared-lazerson-remains-ceo-2019-10-07 On December 5, 2019, Messrs. Patrick and Reimann filed a Petition
January 17, 2020 confirms that Mr. Lazerson is, and at all times since October 7, 2019
has been, the Company's President, CEO, and signing authority.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/28-cse/xmg/72342-mgx-minerals-announces-supreme-court-of-british-columbia-confirms-jared-lazerson-is-the-president-and-ceo-of-mgx-minerals-inc.html COVID Crown affords juniors deferred payment on land/claim - taxes
May 22, 2020 Heino-Money Deposit and Tillicum Claims
New direction with -----> GOLD
Turning point to take focus off of --------> Brines ? Neil Foran, the Vice President of Operations of the Company, has been appointed interim CFO of the Company, while the Company continues its search for a permanent CFO.
Preston McEachern has offered his resignation as a Director and Chief Executive Officer of PurLucid Treatment Solutions (Canada) Inc. ("PurLucid"), a majority-owned subsidiary of MGX. PurLucid is finalizing the terms of Preston's resignation and the Company is assisting PurLucid in its search for a replacement CEO. The Company expects PurLucid to appoint a new CEO shortly.
Dissident Shareholders
Further, the group of concerned shareholders that requisitioned an annual general meeting of shareholders in a press release dated March 8, 2020 (the "Dissident Group")
https://finance.yahoo.com/news/mgx-minerals-announces-mobilization-field-123000660.html
Dissident Shareholders wanted to see Financials....
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From Heino + Tillicum
Nuclear Reactor to Magnesium Rocket Fuel
Driftwood Report - not shown to investors
Silica partnership Dong Bang Metal Company
GC ree Claims
BC can't link to Hydro
Gold Commissioner
BC NDP ( $ 10 billion )
MGX protect shareholders
New CFO's ( one from Aecon ) ( story related ? ) 2018 - Aecon Construction + Fed ) China
New CEO ------> Andris
Halt Canadian Stock - Canadian accounts could not trade
Leave US exchsnge open
Strip assets - all silica to ------> Wilson Ventures who ties to New Silica Plant Tennessee
Homerun Resources ( peer ) stock has no issues - sp rises to present day ---> $ 1.70
Homerun ties to Zimtu
If we revisit 2020 who was appointed CEO ?
Mar 23, 2020 — MGX Minerals Inc (CSE:XMG) (OTCMKTS:MGXMF) has named Patrick Power, the founder and finance VP of Western Potash Corp, its new CEO
Patrick ties to Zimtu + Arctic Star
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2020 seems to be the hot spot.
battle over CEO position
new direction to Gold -----> was investor focus taken off off brines
Covid
Federal Relief ( all explore juniors ) mgx could use relief ----> keep brines
Crown resets terminology of minerals in brines
Parliment royal ascent 5 ascents passed in 28 days ( fast )
Oil Co wanted back parent control over brines
Gov session - brines should have always remained in larger Energy Co control
Not fractioned to sm juniors
MGX
sees several claims against company - past debts owed
RELIEF - 2020
April 08
The annual rental payment for mining and placer leases, which is normally due on the anniversary date, has been extended to December 31, 2021.
https://manningelliott.com/blog/mining-industry-during-covid/
Lithium Bank is Launched ------> Boardwalk -------> former mgx brines ?
MGX financials delayed
Lithium Bank ------> trades away.... while mgx financials delayed
LBNK launched at $1.88
LBNK current $.28.5 cents
Points too ?
2020 -----> did new CEO unload mgx brines and financials were repeatedly delayed ?
Till.... an eventual....
mgx saying would protect shareholders.
unload silica claims, REN..... no mention what happened to Heino + Tillicum
Halt Canadian stock leave US exchsnge open
Recieve funds from sold claims ( dirt cheap ) to pay debts owed
Bottom out both cdn + US stock value for mgx
Forward.... work other ventures both --------> Jared + Andris
No regard to current mgx shareholders
No confirmation as to who requested Halt on cdn stock.
No press by mgx to reveal JV with NBRI ( Fran Claims )
NBRI ------> 7+ billion shares out
NBRI ----> CEO $180,000 ( just announced )
No intent to condense outstanding shares to bring value to mgx jv.
NBRI 7 billion shares ------> who'd really want to invest ----> great mote for self interest only.
NBRI jv's with CMC
^ ^ ^ ^ ^
Aug 15, 2024 — CMC Metals (TSX-V:CMB, OTCQB:CMCXF) has acquired a 16.05% interest in North Bay Resources Inc. (NBRI) through 1.12 billion common shares.
Who owned Bishop prior ?
CMC Announces Completion of the Sale of its Subsidiary Company 0877887 B.C. Ltd. Including the Bishop Mill in California to 1436132 B.C. Ltd. and Granting of Stock Options. December 4, 2023.Dec 4, 2023
https://cmcmetals.ca/news/cmc-announces-completion-of-the-sale-of-its-subsidiary-company-0877887-b.c-ltd-including-the-bishop-mill-in-california-to/
Are CMC shareholders happy ?
https://ceo.ca/cmb
Tungsten has an affinity to -----> U
Aug 27, 2000 — History: The tungsten mine that was once a mainstay of the economy in Bishop, Calif.
Uranium-lead isotopic
ages from the Sierra Nevada Batholith, California ... Granitic Formations in the East-Central Sierra Nevada Near Bishop, California.
Wollastonite formula
It is composed of calcium (Ca) and silicon and oxygen (SiO2, silica) with the chemical formula CaSiO3. Although much wollastonite is relatively pure CaSiO3, it can contain some iron, magnesium, manganese, aluminum, potassium, sodium, or strontium substituting for calcium in the mineral structure.
Calcium also is known to collect - U ( bonds very well )
Zippa Mountain Wollastonite property, which covers an area of 2,456 hectares located in Smithers, British Columbia.
North Bay Resources Inc. was incorporated in 2004 and is based in Skippack, Pennsylvania.
https://ng.investing.com/equities/north-bay-resources
NBRI Bishop Mine
approx location -----> along red line
surrounded by ----> ryolites, phosphates, and blues appear as....fluorites.
Yellows, Greens, Blues. Bishop Minealso has Lead. ( Pb once uranium )
Why aren't they seekung out Uranium for extra value ?
Wrap it up ?
Were ( only preferred ) mgx shareholders attached to current mgx holdings ?
small common shareholders squeezed out ?
How can Andris and Jared
work for other businesses while disregarding mgx shareholdees ?
Did the sales from mgx claims
allow the funds to pay off debts and ------> assist Jared to advance NBRI ?
Where did NBRI get the funds for Bishop and other claims ?
Did Jared profit from Longsworth Silica claims - vs - mgx profit ?
Does Jared still have ties to -----> Zimtu partnership from, 2014 ?
Why did BC hydro not allow linking to electrical grid ?
Odd scenerio - Gold Commissioner - Tillicum
Is BC's ndp party pro mining or.... more into tourism ?
Why did a California Co buy our silica claims ?
Why couldn't mgx sell the silica to Tennessee Silica Plant ?
Why is Andris CEO of mgx - very silent CEO - no press for jv with nbri ( fran claims )
Bishop = historical mine - apparently mined out - why so much gold now. ?
Why is nbri selling a gold concentrate - what other minerals ???
Why did Homerun seek Brazil Silica vs Tatoonie in BC ?
Why did Dave stepdown @ Zimtu ?
As part of the Company's business model,
Zimtu provides mineral property advisory services and helps to connect companies with mineral properties of interest.
Issue ?
No protection for shareholders even after junior said they'd protect shareholders.
It appears Market protected juniors ( personel )
Each are still working - gaining incomes.
Everything carries on as if....
nothing happened -----> while mgx shareholders suffer.
As a shareholder...
I've provided several great ideas to respark mgx yet...
Nothing but silence from... mgx.
At the height of mgx announcing cdn halt...
I called the exchange but they had no answers.
Told to call back later....
My trade account
still shows my original shares and value.
MGX shareholders need answers.
Give us our monies back.
Or... respark Driftwood.
Cheers....