SLIDE 1
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained on this presentation. This presentation contains "forward-looking information" concerning MGX Minerals Inc.’s (“MGX”) future financial or operating performance and other statements that express management's expectations or estimates of future developments, circumstances or results. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “seeks”, "believes", "anticipates", "plans", “continues”, "budget", "scheduled", "estimates", "expects", "forecasts", "intends", “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", “should” or "might" "be taken", "occur" or "be achieved". While all forward-looking statements involve various risks and uncertainties, these statements are based on certain assumptions that management of MGX believes are reasonable, including that it will be able to obtain financing and on reasonable terms, that its current exploration and other objectives can be achieved, that its exploration and other activities will proceed as expected, that its community and environmental impact procedures will work as anticipated, that general business and economic conditions will not change in a material adverse manner, that MGX will not experience any material accident, failure or shortage of equipment, and that all necessary government approvals for its planned exploration and potential development activities will be
- btained in a timely manner and on acceptable terms. There can be no assurance that the forward-
looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the MGX’s expectations include, among others, include: global economic conditions; actual demand, supply and prices for lithium and other minerals; long-term price assumptions, as they materially affect the timing and feasibility of future projects and developments; trends in the industry; effect of currency exchange rates on commodity prices and operating costs; the availability and costs associated with mining inputs and labour; risks related to community relations and activities of stakeholders, and delays in obtaining governmental approvals or financing. In this presentation, forward-looking statements relate to, among
- ther things, the timing and success of partnerships with major oil and gas operators to conduct well
sampling; the timing, extent and success of PurLucid Treatment Solutions Inc. (“PurLucid”) deployment
- f commercial scale water treatment and lithium extraction projects to targeted system specifications
and output and Zincnyx Energy Solutions Inc. (“ZincNyx”) deployment of commercial scale zinc-air fuel cell technology and modular storage system to target specifications and utility scale output;
- pportunities for growth of mineral and brine extraction projects and the renewable energy markets at
large; the ability to adapt to changes in lithium, water and electricity prices; estimates of costs, planned exploration, development expenditures and development, construction and operating costs of PurLucid, ZincNyx, and mining projects. MGX may decide to advance its petrolithium projects into production without first establishing mineral resources supported by an independent technical report or completing a feasibility study. A production decision without the benefit of a technical report independently establishing mineral resources or reserves and any feasibility study demonstrating economic and technical viability creates increased uncertainty and heightens economic and technical risks of failure. Historically, such projects have a much higher risk of economic or technical failure. Although MGX has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. MGX does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required by law. All statements contained in this presentation should be read with reference to MGX’s continuance disclosure record, which may be accessed through the MGX’s profile on SEDAR at www.sedar.com.
- Mr. Andris Kikauka, P. Geo., VP of Exploration for MGX Minerals and a Qualified Person within the
meaning of National Instrument (N.I.) 43-101 guidelines, has reviewed and approved the technical content of this presentation.
2 | MGX Minerals Inc.