MGX Minerals Announces Publication and International Filing of Metal-Air Fuel Cell Patent; Eyes Mobile and Marine Applications
February 07 2018 - 8:30AM
InvestorsHub NewsWire
MGX Minerals Announces
Publication and International Filing of Metal-Air Fuel Cell Patent;
Eyes Mobile and Marine Applications
Vancouver,
BC -- February 7, 2018 -- InvestorsHub NewsWire
-- MGX Minerals Inc. (“MGX” or the “Company”)
(CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to
announce that 100% wholly-owned subsidiary ZincNyx Energy
Solutions, Inc. (“ZincNyx”) has received notice of
publication of its patent describing metal-air fuel cells under the
Patent Cooperation Treaty (PCT/CA2016/051080). The patent
application has entered the National Phase and numerous
international jurisdictions are designated for filing. ZincNyx
currently owns 20 United States patents covering metal air
batteries and fuel cells. Key technical features of the referenced
patent application include:
- An apparatus for encouraging
the settling of metal-air particles in the electrolyte (anode)
chamber of a fuel cell.
- A serpentine arrangement for
flowing electrolyte through the anode chamber of the fuel
cell.
- A stack of bipolar cells
oriented in a horizontal or vertical
arrangement.
- A method for charging a fuel
cell with a bed of metal particles
ZincNyx technology has been
developed around the utilization of zinc as the anode fuel, which
offers numerous advantages over other forms of metals due to its
unique attributes which include high energy density, abundant
availability, low cost, and ease of storage and handling. The
regenerative system does not require fuel replacement and offers
scalable energy capacity through simple introduction of additional
fuel tanks. Additionally, because the energy and power capabilities
of the system have been completely decoupled, investigation into
its viability within much broader sectors beyond mass storage are
currently underway, including introduction into both mobile and
maritime environments as an alternative to diesel engines.
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.
MGX Minerals (CE) (USOTC:MGXMF)
Historical Stock Chart
From Aug 2024 to Sep 2024
MGX Minerals (CE) (USOTC:MGXMF)
Historical Stock Chart
From Sep 2023 to Sep 2024