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MGX Minerals Inc.

10:29 AM EST - MGX Minerals Inc. : Announced that Belmont Resources has entered into a Property Option Agreement with MGX to acquire an initial 25% interest in the Kibby Basin, Nevada lithium property in return for exploration funding of up to $300,000 for drilling and testing the first deep hole in the anomaly (potential lithium brine deposit) indicated in the MT survey carried out in January 2018. MGX Minerals Inc. shares CSE:XMG are trading up $0.02 at $0.93.