VANCOUVER, BC / February 10, 2020 / MGX Renewables Inc., DBA Zinc8 Energy Solutions (the "Company") (CSE:MGXR) (FSE:0E9) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Private Placement ”), as described in its News Release dated January 21, 2020, pursuant to which it has issued an aggregate of 27,879,513 units (each, a “Unit ”) at a price of $0.11 per Unit for gross proceeds of $3,066,746.43.

Each Unit consists of one (1) common share and one non-transferable share purchase warrant (each a “Warrant”). The Warrants are exercisable for a period of two (2) years at a price of $0.155 in the first year from the date of issuance and at a price of $0.40 for the balance of the term.

New York Power Authority Innovation Challenge Winner Zinc8 Energy Solutions to Receive a Project Contribution of US$2.55 Million from NYPA to Deploy First Use of Zinc-Air Energy Storage System in New York State

VANCOUVER, BRITISH COLUMBIA / January 17th, 2020 / MGX Renewables Inc, DBA Zinc8 Energy Solutions (“Zinc8” or the “Company”) (CSE:MGXR) (FSE:0E9) is pleased to provide this corporate update.

Mining has a reputation for using dirty and environmentally destructive extraction methods; but that’s not the case with bioleaching – a cleantech or green mining process that obtains valuable metals from their ores through the use of living organisms like bacteria. 

Small cap BacTech Environmental Corporation (CSE: BAC; OTCMKTS: BCCEF) has long been at the forefront of bioleaching research and development. In addition, the Company is actively deploying the technology to clean up and extract valuable metals from contaminated mining sites in South America.

 

Spyder Cannabis Announces Corporate Update and Expansion Plan

Sometimes having the discipline to say “no” and/or having a setback or two under your belt can be a big advantage – especially if doing a project does not make financial sense or is unworkable with the technology available at a particular point of time. 

BacTech Environmental Corporation (CSE: BAC; OTCMKTS: BCCEF) is one such small cap with the right cleantech technology combined with the right amount of discipline to ultimately succeed.