Stockwatch

Mag One Products Inc
Symbol	MDD
Shares Issued	55,042,903
Close 2020-07-10	C$ 0.075
Market Cap	C$ 4,128,218
Recent Sedar Documents

Mag One extends due diligence period for Vera Clean

2020-07-10 16:50 ET - News Release

Subject: MDD - news release for dissemination Word Document File: '\\doc\emailin\20200710 134310 Attachment 20200710_NR_CorporateUpdate.docx' - 2 - #600 - 777 Hornby Street, Vancouver, BC V6Z 1S47 Canada T:+1.514.928.6512 E: info@MagOneProducts.com www.MagOneProducts.com #600 -777 Hornby Street, Vancouver, BC V6Z 1S4 Canada T:+1.514.928.6512 E: info@MagOneProducts.com www.MagOneProducts.com MAG ONE PRODUCTS INC. CSE: MDD | Frankfurt: 304, Equity | OTC MGPRF PRESS RELEASE MAG ONE PRODUCTS CORPORATE UPDATE Vancouver, B.C., Canada - July 10, 2020 - Mag One Products Inc. (CSE: MDD; Frankfurt: 3O4; OTC: MGPRF) (the "Company" or "MOPI") would like to inform shareholders and key stakeholders that the Company has received a 30 day extension to complete its due diligence on the Vera Clean product line. All pending agreements with VEMO Biotech Limited, Naturo Group Investments and MiAnna Consulting & Design Inc will be completed once the Company has concluded its due diligence and finalize the master distribution and licensing agreement with Vera Clean. The Company has also terminated its interest in Magpower. On behalf of the Board, "Tony Louie", President & CEO, Mag One Products Inc. Neither the Canadian Securities Exchange nor CNSX Markets accepts responsibility for the adequacy or accuracy of this news release. About Mag One Products Inc. Mag One Products Inc. is a technology, processing & production company. Using its game-changing technology, Mag One Products aims to be the most environmentally friendly & sustainable producer of magnesium (Mg) metal, ultrapure Mg compounds, by-products and vertically integrated co-products. For further information or questions respecting the Company kindly contact the Company via email at: info@MagOneProducts.com. Additional information can be found on the Company's website at www.MagOneProducts.com or by viewing the Company's filings at www.sedar.com. Forward-Looking Information Information set forth in this press release may involve forward-looking statements, including statements relating to reinstatement for trading on the CSE. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. For further information on risk, investors are advised to see the Company's MD&A and other disclosure filings with the CSE regulators which are found at www.sedar.com. __________ PDF Document File: Attachment 20200710_NR_CorporateUpdate.pdf MAG ONE PRODUCTS INC. CSE: MDD | Frankfurt: 304, Equity | OTC MGPRF PRESS RELEASE MAG ONE PRODUCTS CORPORATE UPDATE Vancouver, B.C., Canada July 10, 2020 Mag One Products Inc. (CSE: MDD; Frankfurt: 3O4; OTC: MGPRF) (the "Company" or "MOPI") would like to inform shareholders and key stakeholders that the Company has received a 30 day extension to complete its due diligence on the Vera Clean product line. All pending agreements with VEMO Biotech Limited, Naturo Group Investments and MiAnna Consulting & Design Inc will be completed once the Company has concluded its due diligence and finalize the master distribution and licensing agreement with Vera Clean. The Company has also terminated its interest in Magpower. On behalf of the Board, "Tony Louie", President & CEO, Mag One Products Inc. Neither the Canadian Securities Exchange nor CNSX Markets accepts responsibility for the adequacy or accuracy of this news release. About Mag One Products Inc. Mag One Products Inc. is a technology, processing & production company. Using its game-changing technology, Mag One Products aims to be the most environmentally friendly & sustainable producer of magnesium (Mg) metal, ultrapure Mg compounds, by-products and vertically integrated co-products. For further information or questions respecting the Company kindly contact the Company via email at: info@MagOneProducts.com. Additional information can be found on the Company's website at www.MagOneProducts.com or by viewing the Company's filings at www.sedar.com. Forward-Looking Information Information set forth in this press release may involve forward-looking statements, including statements relating to reinstatement for trading on the CSE. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward- looking statements. For further information on risk, investors are advised to see the Company's MD&A and other disclosure filings with the CSE regulators which are found at www.sedar.com. __________ #600 -777 Hornby Street, Vancouver, BC V6Z 1S4 Canada T:+1.514.928.6512 E: info@MagOneProducts.com www.MagOneProducts.com