Mr. Michael Reimann reports

MGX MINERALS ANNOUNCES MANAGEMENT REALIGNMENT

MGX Minerals Inc. has provided the following corporate update. A majority of the board of directors, not including Jared Lazerson who has a disclosable interest in the matter and a requirement to abstain, has approved the immediate termination of Mr. Lazerson as chief executive officer and president of MGX.

About MGX Minerals

MGX Minerals is a diversified Canadian resource company with interests in petrolithium, magnesium and silicon assets throughout North America.

We seek Safe Harbor.