NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Details Newly-Acquired Metal Air Battery and Fuel Cell Patents
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that, as a result of its recently closed acquisition of ZincNyx Energy Solutions, Inc., the company now controls 20 metal air battery and fuel cell patents. In addition to providing a full list of these patents, the news release offers an overview of ZincNyx’s technology, which includes a patented regenerative zinc-air flow battery that efficiently stores energy in the form of zinc particles and contains none of the traditional high-cost battery commodities such as lithium, vanadium or cobalt. Per the update, this technology allows for low-cost mass storage of energy that can be deployed into a wide range of applications.
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