MAG ONE’S PRESIDENT & CEO RECEIVES PRESTIGIOUS ENVIRONMENTAL AWARD

PRESS RELEASE

MAG ONE’S PRESIDENT & CEO RECEIVES PRESTIGIOUS ENVIRONMENTAL AWARD

Vancouver, B.C., Canada – August 21, 2019 – Mag One Products Inc. (the “Company” or “Mag One”) is pleased to announce that Gillian Holcroft, the Company’s President and CEO is this year’s recipient of the MetSoc Environmental Award, sponsored by Teck Metals Inc for her leadership in the development and application of new environmentally sustainable technologies. Ms. Holcroft was on hand at the MetSoc Awards and Conference Banquet last night in Vancouver to receive this honor in front of her peers. The MetSoc Conference attracted over 600 delegates this year.

This award was created by Teck in order to promote innovation and development in the field of environmental control technology for the metallurgical and materials industry in Canada. Future advances in the industry depend on the development of environmentally safe technologies. The award recognizes significant contributions to the field of environmental science and engineering and sustainable development in the metallurgical and materials industry. The nominee must have a clear record of impact (important changes related in policy, procedure or process) on the environment. This record should be highlighted in the nomination letter and in the citation.

The Metallurgy and Materials Society of CIM administers the award.  Recipients are nominated by their peers and must be a CIM National member in good standing and whose contributions and impact must be to the benefit of Canada.

Gillian Holcroft, President & CEO of Mag One, said the following, “Working on projects that have a positive environmental impact has always been my passion. Being recognized by my peers is an honor.  Mag One’s environmentally sustainable approach for producing magnesium metal, magnesium products and co-products is exactly the type of project that I love to be part of.  We have an incredible technical team and we continue to work hard to further demonstrate the potential of our game-changing and environmentally-sustainable technology.”

On behalf of the Board, “Gillian Holcroft”, President and CEO.

Neither the Canadian Securities Exchange nor CNSX Markets accepts responsibility for the adequacy or accuracy of this news release.

About Mag One

Mag One is a technology, processing & production company. Using its game-changing technology, Mag One aims to be the most environmentally friendly & sustainable producer of magnesium (Mg) metal, ultrapure Mg compounds, by-products and vertically integrated co-products.  For further information or questions respecting the Company kindly contact the Company via email at: info@MagOneProducts.com.  Additional information can be found on the Company’s website at www.MagOneProducts.com or by viewing the Company’s filings at www.sedar.com.

Forward-Looking Information

Information set forth in this press release may involve forward-looking statements.  Forward-looking statements are statements that relate to future, not past, events.  In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume.  Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.  For further information on risk, investors are advised to see the Company’s MD&A and other disclosure filings with the CSE regulators which are found at www.sedar.com.