PRESS RELEASES

VANCOUVER, BRITISH COLUMBIA / June 10, 2016 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) is pleased to announce the Company has acquired, on a trial basis with an option to purchase, a full-scale pilot plant mill (the “Mill”) from CMC Metals Ltd. (TSX. V: CMB). The Mill equipment includes a jaw crusher, ball mill, flotation cells, cyclone dewatering equipment and a tailings filtration and thickener system. The Mill is currently on care and maintenanc

MGX Minerals Acquires Pilot Plant for Driftwood Creek Magnesium

VANCOUVER, BRITISH COLUMBIA / June 10, 2016 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) is pleased to announce the Company has acquired, on a trial basis with an option to purchase, a full-scale pilot plant mill (the “Mill”) from CMC Metals Ltd. (TSX.V: CMB).

The Mill equipment includes a jaw crusher, ball mill, flotation cells, cyclone dewatering equipment and a tailings filtration and thickener system. The Mill is currently on care and maintenance in the Yukon. MGX has dispatched a contractor to transport all equipment, inclusive of five tractor trailers, to the stock pile location of the Company’s recently completed bulk sample (see press release dated June 9, 2016). The Company expects that bulk sample material will arrive and be made available within one week.

The Mill was previously utilized to process polymetallic concentrate. The Company intends to use the Mill to process bulk sample material through reverse flotation to produce two potentially saleable products- a high purity magnesite tailing and byproduct silica sand float.

Stated MGX President and CEO Mr. Jared Lazerson: “MGX looks forward to commencing the pilot plant phase at Driftwood Creek and to begin producing representative and potentially saleable material.”

Qualified Person
This press release was prepared under the supervision and review of Andris Kikauka, P. Geo. and Vice President of Exploration for MGX Minerals. Mr. Kikauka is a non-independent Qualified Person within the meaning of National Instrument (N.I.) 43-101 Standards.

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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