Mag One Products Inc.: Company Update

Edited by Admin

 

For immediate release.

Mag One Products Inc.: Company Update


VANCOUVER, BRITISH COLUMBIA, CANADA | 06 September 2016.

MAG ONE PRODUCTS INC. (“Mag One” or the “Company”) has initiated major market awareness campaigns in both North America and in Europe.
 
In Canada, the Company has retained (for an initial 6 months) Trapeze Capital Corp. of Toronto to provide issuer trading services in accordance with CSE policies. Trapeze is a registered IIROC market-maker.
 
In the U.S., Mag One has retained RedChip of Maitland, Florida to undertake an investor relations, research and media program. This contract is also for 6 months.

In Europe, the Company has contracted Aktiencheck.de AG (Stefan Lindam) jointly with DGWA (Stefan Müller) to initialize a European marketing awareness program.

The Company announces the engagement of Mr. Hussein Jiwani to serve as Investor Relations’ Consultant. Mr. Jiwani will advise the Company on investor communications, market awareness efforts, assist management in developing a strategy to enhance and expand Mag One’s exposure in both North America and in Europe.

To complement the above companies’ efforts, Mag One will be launching its new website.

In addition, Mag One has scheduled a full design team conference in Quebec City for September 11/12 in conjunction with attending an International Minerals Processing Congress. At that time, the Company is to review the positive results of the recent work performed by SNC Lavalin and discuss the commercial possibilities of the high-value byproducts that have been confirmed. A detailed progress report will be issued by the Company after these meetings.

 
MagOneProductsInc.is company that aims to be the diamond standard in the magnesium (Mg) marketby concentrating on four projects at its manufacturing plant site in southern Québec,Canada.

 

  1. Production of high-purity MgO, Silica and other saleable co-products,byproducts and compounds.
  1. Production of 99.9% pure Mg ingots.
  2. Assembly and sale of magnesium oxide-based structural insulated sheathing panels.
  1. MagPower’s Mg-Air Fuel Cell for emergency power on sea and land.

Key advantages that these four projects share are Mag One’s advanced technologies, a modular processing plant expansion concept, and the Company’s easy access to tonnes of serpentinite tailings.

Signed: “Nelson M. Skalbania.”

CEO & Chairman

 

www.MagOneProducts.com

For further information or questions kindly contact the Company via email: info@MagOneProducts.com

Mag One is listed on the CSE with the symbol, “MDD”, the Börse Frankfurt stock exchange (“Frankfurt”) with the ticker symbol “304” and the OTCQBwithtickersymbol"MGPRF”.Certainstatementscontainedinthisreleasemayconstitute"forward–lookingstatements"or"forward-looking information"(collectively"forward-lookinginformation")asthosetermsareusedinthePrivateSecuritiesLitigationReformActof1995andsimilar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. This release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof andthe Company is not obligated to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. This news release does not constitute an offer of securities for sale in the United States. The Frankfurt Boerse, OTQ Markets Group Inc., CSE, or CNSX Markets have not reviewed this news release and does not accept responsibility for the adequacy or accuracy of the content of this news release. Issuers of news releases. are solely responsible for the accuracy of such news releases. For further information on risk, investors are advised to see the Companies MD&A and other disclosure filings with the CSE regulators which are found at www.sedar.com.

#145 - 925 Georgia Street West, Vancouver, BC V6C3L2 Canada

T:+1.604.669.4771 Fx: +1.604.669.4731 E: info@MagOneProducts.com  www.MagOneProducts.com