Mr. Jared Lazerson reports

MGX MINERALS ANNOUNCES ACQUISITION OF 20 PATENTS FOR ZINC AIR FUEL CELL BATTERY

As a result of the recently closed acquisition of now wholly owned subsidiary ZincNyx Energy Solutions Inc., MGX Minerals Inc. now controls 20 metal air battery and fuel cell patents. To date ZincNyx has been awarded 20 patents covering its mass storage technology. A list of existing published patents is shown in the table.

Item                                                                               Identification

Discrete particle electrolyzer 
cathode and method of making same                                                    US 7,470,351  
Methods and devices for controlling flow 
and particle fluidization in a fuel cell                                             US 7,276,309  
Method of production of metal particles through electrolysis                         US 7,273,537  
Controlled concentration electrolysis system                                         US 7,166,203  
Fuel cell system                                                                     US 6,911,274  
Method of and system for determining the 
remaining energy in a metal fuel cell                                                US 6,873,157  
Method of and system for cooling a backup power system                               US 6,841,276  
Electrolyte-particulate fuel cell anode                                              US 6,787,260  
Methods of using fuel cell system configured to one or more loads                    US 6,764,785  
Method and system for flushing one or more cells in a  
particle-based electrochemical power source in standby mode                          US 6,764,588  
Power system including heat removal unit for providing  
backup power to one or more loads                                                    US 6,746,790  
Refuelable electrochemical power source capable of being  
maintained in a substantially constant full condition and  
method of using the same                                                             US 6,706,433  
Methods of producing oxygen reduction catalyst                                       US 6,689,711  
Manifold for fuel cell system                                                        US 6,679,280  
System and method for power management                                               US 6,522,955  
Method of electrodepositing metal on electrically conducting particles               US 6,432,292  
Refuelable electrochemical power source capable of being  
maintained in a substantially constant full condition and method of using the same   US 6,296,958  
Particle feeding apparatus for electrochemical 
power source and method of making same                                               US 6,162,555  
System and method for preventing the formation of dendrites 
in a metal/air fuel cell, battery or metal recovery apparatus                        US 6,153,328  
Method and apparatus for refuelling an electrochemical power source                  US 5,952,117  

Overview of technology

ZincNyx has developed a patented regenerative zinc air flow battery that efficiently stores energy in the form of zinc particles and contains none of the traditional high cost battery commodities such as lithium, vanadium or cobalt. The technology allows for low-cost mass storage of energy and can be deployed into a wide range of applications.

Unlike conventional batteries, which have a fixed energy/power ratio, ZincNyx's technology uses a fuel tank system that offers flexible energy/power ratios and scalability. The storage capacity is directly tied to the size of the fuel tank and the quantity of recharged zinc fuel, making scalability a major advantage of the flow battery system. In addition, a further major advantage of the zinc air flow battery is the ability to charge and discharge simultaneously and at different maximum charge or discharge rates since each of the charge and discharge circuits is separate and independent. Other types of standard and flow batteries are limited to a maximum charge and discharge by the total number of cells as there is no separation of the charge and discharge components.

About MGX Minerals Inc.

MGX Minerals is a diversified Canadian resource company with interests in advanced material and energy assets throughout North America.

We seek Safe Harbor.