QualityStocksNewsBreaks – MGX Minerals’ (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Engineering Partner Awarded C$8.2M to Develop Water Treatment System
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that PurLucid Treatment Solutions, its engineering partner, has been awarded a non-repayable contribution totaling up to C$8.2 million in government funding, including grants from both Sustainable Development Technology Canada (“SDTC”) and Emissions Reduction Alberta (“ERA”), in support of the commercialization of a low energy water treatment system for the oil and gas industry. “Treatment of wastewater has always been a challenge and significant cost to oil and gas producers; it is also essential to implement petrolithium recovery,” Dr. Preston McEachern, founder and CEO…