Mr. Jared Lazerson reports

MGX MINERALS TO LIST WARRANTS; ADDRESS CHAIRMAN'S COMPENSATION

MGX Minerals Inc. is unifying the expiry date of common share purchase warrants issued in multiple tranches of its private placement financing from December, 2017. As a result, 3,092,192 warrants having an expiry date of Dec. 8, 2020, and 4,079,000 warrants having an expiry on Dec. 20, 2020, will be amended to have an expiry date of Dec. 27, 2020. In total, there were 9,900,454 warrants issued under the private placement, which have an exercise price of $1.15 and will now have the same expiry date of Dec. 27, 2020.

The company also announces that chairman Marc Bruner filed a petition against the company in B.C. Supreme Court on May 16, 2018. Mr. Bruner is seeking a declaration that the company was unfairly prejudicial and acted in bad faith by withholding shares that he alleges were owed to him and an order to direct the company to issue the shares and to compensate him for any losses that he may have suffered. The company has reviewed the petition with counsel and believes that the grounds to Mr. Bruner's claims are without merit. The company is required to file a response to the petition within 21 days after service.

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.