Companies That Mackie Research Capital Corporation, Bought Private Placements In.

[TradingCharts]

MGX pursuing a brokered private placement

Week of April 10, 2017


MGX’s other assets are listed below:
? The Driftwood Creek Magnesium project, located in southeastern British Columbia
(“B.C.”), is the most advanced in the portfolio. The company has secured a 20-year Mining
Lease. A recent NI 43-101 resource estimate reported a measured and indicated resource
of 8.03 Mt at 43.31% magnesium oxide (MgO), and an inferred resource of 0.85 Mt at
43.20% MgO. A significant portion of the resource is located less than 100 meters from
surface. The company believes that there are opportunities to expand the resource along
strike and at depth with additional drilling. A 100 tonne bulk sample was recently
completed.
? The company has three high grade silicon projects in B.C. MGX intends to conduct
additional metallurgical work on these projects to identify potential end-uses.
Insiders own 25% of the approximately 62.13 million shares outstanding. The company is
currently pursuing a brokered financing of up to $5 million with Mackie Research Capital Corp.
The financing was originally announced in March. The offering is priced at $1.20 per unit. Each
unit consists of a common share and a share purchase warrant (exercise price of $1.55 per share
for two years).
We expect regular news flow, which will serve as catalysts for the share price. We will be initiating
coverage on MGX shortly

https://www.baystreet.ca/articles/research_reports/fundamental_research/aiw-4-10-17.pdf