PRESS RELEASES

MGX Minerals Provides Technical Disclosure Clarification

VANCOUVER, BRITISH COLUMBIA / June 2, 2017 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) reports as a result of a review by the  British Columbia Securities Commission we are issuing the following news release to clarify disclosure.

In a news release dated April 26, 2017 the Company referred to a technical report filed on SEDAR, which contained scientific analysis of the Company’s rapid extraction process of lithium and other minerals from brine (the “Report”). The Company wishes to clarify that the Report does not meet the definition or requirements of a “Technical Report” as defined under National Instrument 43-101 (“NI 43-101”).

Further, the news release and the Report referred to Dr. Preston McEachern as a “Qualified Person”, which is a defined term under NI 43-101.  The Company wishes to clarify that Dr. McEachern does not meet the definition of a Qualified Person, rather, Dr. McEachern is the author of the Report and was a contributor to the April 26th news release.  The Company wishes to clarify that Andris Kikuaka (P.Geo) is the Company's Qualified Person and reviewed the news release and approved of its disclosure.

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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