MGX closes final tranche of private placement for Driftwood magnesia plant
Published: Monday, 17 August 2015
The company’s Driftwood magnesia facility has been given a shot in the arm from the $111,000 financial boost for its project, which will help it to fund plant equipment.
MGX Minerals Inc. has closed the second
and final tranche of its non-brokered private placement for
total gross proceeds of Canadian dollar (C$) 146,274.45
($111,307.80*) to help advance its magnesia plant at the
Driftwood Creek property in British Columbia, Canada.
In a statement, the Canada-headquartered company...