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Amended: MGX Minerals Announces Appointment of Interim Chief Financial Officer



MGX Minerals Inc.

VANCOUVER - TheNewswire - November 28, 2021 - MGX Minerals Inc. (“MGX” or the “Company”) (CNSX:XMG.CN) (FKT:1MG) (OTC:MGXMF) is pleased to announce the appointment of Ms. Sandey Wang, CPA, as interim Chief Financial Officer.  Ms. Wang has previous experience with a variety of public and private companies over the past 25 years, including financial management, accounting, audit and public listing responsibilities.  Ms. Wang will receive compensation of $8,000 per month and 400,000 incentive stock options, subject to a vesting schedule of 50% immediately, 50% in 6 months and statutory requirements.

Mr. Neil Foran has resigned as CFO and Director as accepted by the Board of Directors November 12, 2021.

About MGX Minerals

MGX Minerals is a diversified Canadian resource and technology company with interests in advanced metals, industrial minerals, nuclear energy and rocketry.

 

Contact Information:

Andris Kikuaka

Chief Executive Officer

andris@mgxminerals.com

604 681 7735

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forwardlooking information. Forward-looking information in this press release include, but are not limited to, statements with respect to holding the postponed Meeting, and the filing of an amended notice of meeting and record date for the postponed Meeting. Forward-looking information is generally, but not always, identified by the words "expects", "plans", "anticipates", "in the event", "if", "believes", "asserts", "position", "intends", "envisages", "assumes", "recommends", "estimates", "approximate", "projects", "potential", "indicate" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.

The Company’s forward-looking information are based on the applicable assumptions and factors the Company considers reasonable as of the date hereof, based on the information available to the Company at such time, including without limitation, the ability to host the postponed Meeting at a later date, and the ability to find a suitable location which can accommodate an in-person shareholders’ meeting. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various risk factors. These factors include, among others, uncertainties arising from the COVID-19 pandemic, and general economic conditions or conditions in the financial markets. The reader is referred to the Company's public filings for a more complete discussion of such risk factors, and their potential effects, which may be accessed through the Company's profile on SEDAR at www.sedar.com. Except as required by securities law, the Company does not intend, and does not assume any obligation, to update or revise any forward-looking information, whether as a result of new information, events or otherwise.