PRESS RELEASES

VANCOUVER, BRITISH COLUMBIA - July 11, 2014 - MGX Minerals Inc. ('MGX') is pleased to announce that it has entered into a purchase and sale agreement with three individuals to acquire up to a 100% interest in certain mineral claims located 38 km NE of Brisco, British Columbia (the “Driftwood Mineral Claims”). The Driftwood Mineral Claims consist of three mineral tenures covering an area of 326 hectares and are known to host magnesite mineralization. Pursuant to the agreement and in

MGX Acquires Driftwood Creek Magnesite Property

VANCOUVER, BRITISH COLUMBIA - July 11, 2014 - MGX Minerals Inc. ("MGX") is pleased to announce that it has entered into a purchase and sale agreement with three individuals to acquire up to a 100% interest in certain mineral claims located 38 km NE of Brisco, British Columbia (the “Driftwood Mineral Claims”). The Driftwood Mineral Claims consist of three mineral tenures covering an area of 326 hectares and are known to host magnesite mineralization. Pursuant to the agreement and in order to complete the acquisition, MGX is required to perform $300,000 in exploration and development work on the Driftwood Mineral Claims by July 1, 2017, pay $50,000 in cash to the vendors by July 1, 2016 and issue 900,000 common shares of MGX to the vendors by July 1, 2016 (including 300,000 upon the execution of the agreement), each according to a specific schedule. 

MGX expects to receive and release a technical report on the Driftwood Mineral Claims that complies with National Instrument 43-101 in the near future.

About MGX Minerals
MGX Minerals is a diversified Canadian resource company with interests in advanced material and energy assets throughout North America.

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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