Tickers: XCNQ:MDD, XOTC:MGPRF, PINX:MGPRF
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VANCOUVER, B.C. / TheNewswire / December 18, 2017 - MAG ONE PRODUCTS INC., ("Mag One" or the "Company") welcomes a new Independent Director to its Board, Mr. Rod Burylo, CIM, FCSI, (Chartered Investment Manager and Fellow of the Canadian Securities Institute.)
Mr. Burylo has thirty years of investment management, business development, and governance experience with a focus on capital markets. In addition, he has specialized experience in the review and management of both private and public securities. His current experience in compliance and ethics, financial services, and as an international speaker and educator will greatly benefit Mag One.
Nelson Skalbania, CEO and Chairman of Mag One quotes, "Mag One welcomes Mr. Burylo to the Company. We believe he will be able to greatly assist the Company with compliance matters and fund raising for its projects. His skills and experience will be key in aligning the Company's growth strategies as it proceeds with its projects".
At the Company's annual AGM, Nelson M. Skalbania, Gillian Holcroft and James G. Blencoe were reappointed to the Board of Directors. The Company thanks Mr. Charn Deol for his commitment to Mag One and wishes him luck in his future endeavours.
Mag One Products Inc. is a company that aims to be a global leader in the magnesium (Mg) market by concentrating on four projects at its manufacturing plant sites in southern Quebec, Canada.
I.Production of high -purity MgO, Silica and other saleable co-products, byproducts and compounds.
II.Production of 99.9% pure Mg ingots.
III.Assembly and sale of Magboards: magnesium oxide-based structural insulated sheathing panels.
IV.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, B.Sc., B.Ap.Sc., P.Eng."
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 Borse Frankfurt stock exchange ("Frankfurt") with the ticker symbol "304" and the OTCQB with ticker symbol "MGPRF". Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar 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 and the 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.
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