MGX Minerals Announces Acquisition of 20 Patents for Zinc Air Fuel Cell Battery
February 01 2018 - 8:30AM
InvestorsHub NewsWire
MGX Minerals Announces Acquisition of 20 Patents for Zinc Air Fuel
Cell Battery
Vancouver, BC -- February 1, 2018 -- InvestorsHub
NewsWire -- MGX Minerals Inc. (“MGX” or the
“Company”) (CSE:
XMG / FKT:
1MG / OTCQB: MGXMF) is pleased to announce
as a result of the recently closed acquisition of now wholly-owned
subsidiary ZincNyx Energy Solutions, Inc.
(“ZincNyx”), the Company now controls 20 metal air battery and fuel
cell patents. To date ZincNyx has been awarded 20 patents covering
its mass storage technology. A list of existing published patents
are as follows:
Table 1. Existing ZincNyx Patents
Item |
Identification |
Discrete Particle
Electrolyzer Cathode and Method of Making Same |
US 7,470,351 |
Methods and Devices for
Controlling Flow and Particle Fluidization in a Fuel Cell |
US 7,276,309 |
Method of Production of
Metal Particles Through Electrolysis |
US 7,273,537 |
Controlled
Concentration Electrolysis System |
US 7,166,203 |
Fuel Cell System |
US 6,911,274 |
Method of and System
for Determining the Remaining Energy in a Metal Fuel Cell |
US 6,873,157 |
Method of and System
for Cooling a Backup Power System |
US 6,841,276 |
Electrolyte-Particulate
Fuel Cell Anode |
US 6,787,260 |
Methods of Using Fuel
Cell System Configured to One or More Loads |
US 6,764,785 |
Method and System for
Flushing One or More Cells in a Particle-Based Electrochemical
Power Source in Standby Mode |
US 6,764,588 |
Power System Including
Heat Removal Unit for Providing Backup Power to One or More
Loads |
US 6,746,790 |
Refuelable
Electrochemical Power Source Capable of Being Maintained in a
Substantially Constant Full Condition and Method of Using the
Same |
US 6,706,433 |
Methods of Producing
Oxygen Reduction Catalyst |
US 6,689,711 |
Manifold for Fuel Cell
System |
US 6,679,280 |
System and Method for
Power Management |
US 6,522,955 |
Method of
Electrodepositing Metal on Electrically Conducting Particles |
US 6,432,292 |
Refuelable
Electrochemical Power Source Capable of Being Maintained in a
Substantially Constant Full Condition and Method of Using the
Same |
US 6,296,958 |
Particle Feeding
Apparatus for Electrochemical Power Source and Method of Making
Same |
US 6,162,555 |
System and Method for
Preventing the Formation of Dendrites in a Metal/Air Fuel Cell,
Battery or Metal Recovery Apparatus |
US 6,153,328 |
Method and Apparatus
for Refueling an Electrochemical Power Source |
US 5,952,117 |
Figure 1. Typical 5kw Modular System
Overview of
Technology
ZincNyx has developed a patented regenerative zinc-air flow battery
that efficiently stores energy in the form of zinc particles and
contains none of the traditional high cost battery commodities such
as lithium, vanadium, or cobalt. The technology allows for low cost
mass storage of energy and can be deployed into a wide range of
applications.
Unlike conventional batteries, which have a fixed energy/power
ratio, ZincNyx’s technology uses a fuel tank system that offers
flexible energy/power ratios and scalability. The storage
capacity is directly tied to the size of the fuel tank and the
quantity of recharged zinc fuel, making scalability a major
advantage of the flow battery system. In addition, a further major
advantage of the zinc-air flow battery is the ability to charge and
discharge simultaneously and at different maximum charge or
discharge rates since each of the charge and discharge circuits is
separate and independent. Other types of standard and flow
batteries are limited to a maximum charge and discharge by the
total number of cells as there is no separation of the charge and
discharge components.
To watch a short video outlining ZincNyx technology, please visit
http://www.zincnyx.com/technology/
About ZincNyx Energy
Solutions
To learn more about ZincNyx technology visit www.zincnyx.com.
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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