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MGX Minerals a finalist for the 2018 S&P Global Platts Global Energy awards

Last updated: 12:30 05 Oct 2018 EDT, First published: 07:30 05 Oct 2018 EDT

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The finalists were chosen from a pool of more than 200 nominations and across 25 countries

MGX Minerals Inc. (CSE: XMG, OTCQB: MGXMF, FSE: 1MG) shares rose as it told investors it had been nominated in as a finalist in two categories for the 2018 S&P Global Platts Global Energy Awards.

MGX has been chosen as a finalist for the emerging technology and rising star awards.

The finalists were chosen from a pool of more than 200 nominations and across 25 countries.

Winners of the 2018 Global Energy Awards will be announced at a black-tie celebration on 6 December 2018 at the Cipriani - Wall Street in New York City.

MGX and its partner have developed a technology, which rapidly extracts lithium and other elements from oilfield and oilsands wastewater, mine tailings, and natural brine with a clean water by-product. Commercial units are now being deployed and have been designed to be scalable and modular.

MGX shares added 7.55% in Toronto to $0.57.

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