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FridayDec 01, 2017 9:56 am

QualityStocksNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Retains Former Senator to Guide Lithium Brine Strategy in California

MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning reported that the company has retained former California Senate majority leader Richard Polanco as an advisor and consultant. MGX will utilize Polanco’s experience toward leading direct negotiations with the State of California and local municipalities concerning targeted exploration locations and sites identified by the company as potential partnerships and acquisition targets. MGX intends on using the company’s patented rapid recovery process on these sites to concentrate lithium and other minerals and metals from brine. Additionally, Polanco will advise the company on local environmental solutions and support ongoing community and stakeholder…

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FridayDec 01, 2017 9:27 am

QualityStocksNewsBreaks — Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Acquires Equipment for Asphalt Ridge Expansion; Board Approves Option Grant

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced the acquisition of a substantial lot of the equipment needed to expand production of its heavy oil extraction facility located at Asphalt Ridge, Utah. Petroteq purchased the equipment, worth approximately $3 million, at a reduced price of $838,000. This news follows the company’s previous announcement that it has moved equipment from its 250 bpd facility in Maeser, Utah to its lease site at Asphalt Ridge, Utah. Additionally, Petroteq’s board of directors approved an option grant of 1,425,000 stock options expiring in 10 years to certain directors at an exercise price of $2.27,…

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