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MGX Grants Incentive Stock Options to Directors and Officers

VANCOUVER, BRITISH COLUMBIA - July 22, 2014 - MGX Minerals Inc. (“MGX”) is pleased to announce that it has granted 1,500,000 incentive stock options to purchase common shares in the capital of MGX to its directors and officers. Of the 500,000 incentive stock options granted today to Michael Reimann, Chief Financial Officer and Director, 250,000 vest immediately and 250,000 will vest on July 22, 2015. Michael Reimann may exercise the incentive stock options until July 22, 2018 at an exercise price of $0.10 per common share. The incentive stock options issued to the other directors and officers vested immediately on July 18, 2014, and may be exercised until July 18, 2018 at an exercise price of $0.10 per common share (the “Options”). Jared Lazerson, Chief Executive Officer, President, Secretary and Director, received 450,000 Options. Andris Kikauka, Vice President of Exploration and Director, received 125,000 Options. Hugh David Read, Director, received 125,000 Options. Lyndon Patrick, Director, received 300,00 Options.