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MGX Minerals Appoints Patrick Avery Director of Business Development for Utah Petrolithium Project

Appointment of Avery signals increased focus on development of Paradox Basin assets and step towards commercialization of North American petrolithium operations

VANCOUVER, British Columbia, June 23, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the appointment of Patrick Avery as Director of Petrolithium Business Development in Utah and Colorado. Mr. Avery will lead the Company’s North American subsidiary, Petrolithium Corporation of America, in developing its assets. The primary focus will be in permitting, infrastructure and logistics.

“We are pleased to have Pat Avery join our growing team,” said Marc Bruner Chairman of MGX Minerals. “His expertise will be a great asset as we continue to build our industry-first petrolithium fields in Utah and focus on operationalizing our water purification and mineral extraction technology with our oil and gas partners.” Additionally, he will be responsible for coordinating communication activities with various government and non-government stakeholder agencies.

/EIN News/ -- Mr. Avery brings nearly 25 years of experience, having served in a wide range of roles and capacities in the mining, oil and gas, and agriculture industries. Mr. Avery has overseen refinery expansions in addition to completing oil and gas midstream work for major oil and gas companies. Mr. Avery also spent time at Intrepid Potash, located in close proximity to MGX's Utah Petrolithium Project, where he oversaw the management of more than $200 million in engineering, environmental and compliance programs. As part of his role, he was responsible for revamping several potash processing facilities and navigating through complex permitting processes with numerous regulatory agencies. Prior to this, Mr. Avery held the role as Vice President of Santa Fe Pacific Pipelines, where he oversaw construction of a large project containing more than 3,300 miles of pipeline and 26 petroleum products terminal systems. He also has vast experience managing environmental affairs, ranging from wastewater management to compliance and safety, with an emphasis on water balance, re-use pollution prevention, air emissions and potable water distribution.

About MGX Minerals

MGX Minerals is a diversified Canadian resource company with interests in petrolithium, magnesium and silicon assets throughout North America. Learn more at www.mgxminerals.com.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements including the completion of the rights offering (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.

Contact Information
Jared Lazerson
President and CEO
Telephone: 1.604.681.7735
Web: www.mgxminerals.com

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