MGX Minerals Appoints Erich Schnake to South American Lithium Mining Team
September 05 2018 - 8:00AM
InvestorsHub NewsWire
MGX Minerals
Appoints Erich Schnake to South American Lithium Mining
Team
Vancouver, BC --
September 5, 2018 -- InvestorsHub NewsWire -- MGX Minerals
Inc. (“MGX” or the “Company”) (CSE:
XMG /
OTCQB: MGXMF /
FKT: 1MG) is pleased to announce the
engagement of Erich Schnake, former Chilean Mining Ministry
Undersecretary, to its South American management team. Mr. Schnake
will provide legal and regulatory support to advance the Company’s
efforts in navigating Chilean regulatory permitting frameworks in
order to obtain production permits.
Mr. Schnake has more
than a decade of experience working within the Chilean mining and
energy sector. Most recently, he held the title of Chilean Mining
Industry Undersecretary, where he was responsible for internal
administration within the government body while coordinating with
public stakeholders to develop and implement new policies. During
his tenure, Mr. Schnake prepared and negotiated numerous government
regulations and amendments for the mining sector, including the
Special Lithium Operation Contract signed between the government of
Chile and Salar de Maricunga SpA, a subsidiary of Codelco, to
develop a lithium exploitation project. Prior to his role with the
Chilean government, Mr. Schnake acted as advisor to both the
General Secretariat of the Presidency as well as Tripontis Ltda.,
where he designed and drafted contract documents and procedures for
Codelco, CMDI Collahuasi, Antofagasta Minerals S.A., and Cementos
Bío Bío. He has also held roles at numerous law firms throughout
Chile. Mr. Schnake holds a Master(c) in Public Policies from the
Universidad de Chile, a Master in Environmental Law from the
University of Sydney and a Diploma in Public Policies from the
Harris School of Public Policy, University of
Chicago.
Rapid Lithium
Brine Extraction Technology
MGX has developed a rapid lithium
extraction technology eliminating or greatly reducing the physical
footprint and investment in large, multi-phase, lake sized, lined
evaporation ponds, as well as enhancing the quality of extraction
and recovery across a complex range of brines as compared with
traditional solar evaporation. This technology is applicable to
petrolithium (oil and gas wastewater), natural brine, and other
brine sources such as lithium-rich mine and industrial plant
wastewater. The technology was recently chosen as winner of the
Base and Specialty Metals Industry Leadership Award at the 2018
S&P Global Platts Global Metals Awards, held in London in May
(see press release dated May 18,
2018).
About MGX
Minerals
MGX Minerals is a diversified Canadian
resource company with interests in advanced material and energy
assets throughout North America. Learn more at www.mgxminerals.com.
Contact
Information
Jared Lazerson
President and CEO
Telephone: 1.604.681.7735
Web: www.mgxminerals.com
Neither the Canadian
Securities Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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. Forward-looking information is
typically identified by words such as: "believe", "expect",
"anticipate", "intend", "estimate", "potentially" and similar
expressions, or are those, which, by their nature, refer to future
events. 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 factors. 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.
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