MGX Minerals closes special warrant offering

May 31, 2017

On May 31, 2017, MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTC: MGXMF) announced the closing of the second tranche of its previously announced private placement financing through the distribution of special warrants of the company. Together with proceeds from the first tranche of the offering which closed on May 12, 2017, the offering raised gross proceeds of approximately $5.6 million.

Rory Godinho and Greg Smith of Miller Thomson advised Mackie Research Capital Corp. in its role as agent with respect to the offering.