MGX Minerals Finalizes Acquisition of PurLucid Treatment Solutions Inc. – Becomes Full-Service Lithium Extraction and Water Treatment Option for O&G

CSE:XMG, MGX Minerals, lithium

MGX Minerals Inc.(CSE:XMG) a developer of lithium, magnesium and silicon projects using innovative processes to supply the new energy economy, today announced it has finalized an investment agreement for the purpose of staged acquisition of up to 100 percent interest in Purlucid Treatment Solutions Inc. (“PurLucid”), a water and wastewater treatment technology company.

The announcement marks the finalization of investment agreement, intellectual property, and performance agreements including exclusive licensing of all rapid lithium extraction technology to MGX Minerals.
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