PRESS RELEASES

VANCOUVER, BRITISH COLUMBIA / February 16, 2016 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) is pleased to announce construction and improvements to the haul road have commenced at the Driftwood Creek magnesium project. The development work is being completed in support of the 100 tonne bulk sample currently underway. This work was previously planned for Spring 2016 but has been accelerated under the comprehensive development agreement with Dominion Excavating

MGX Minerals Commences Haul Road Development at Driftwood Creek Magnesium Project

VANCOUVER, BRITISH COLUMBIA / February 16, 2016 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) is pleased to announce construction and improvements to the haul road have commenced at the Driftwood Creek magnesium project. The development work is being completed in support of the 100 tonne bulk sample currently underway. This work was previously planned for Spring 2016 but has been accelerated under the comprehensive development agreement with Dominion Excavating.

About Dominion Excavating
Dominion Excavating is a quarry mining and construction company located in Invermere, BC.  MGX has entered into a comprehensive development agreement with Dominion for the road and mine construction at the Driftwood Creek magnesium project.  Under the agreement Dominion is acquiring an equity position in MGX in exchange for development work.  Dominion is a First Nations owned company.

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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