Diversified Industries

Mag One Products Inc (MOPI) is not an exploration company as its principal business is the development and commercialization of technologies for the processing and production of magnesium (Mg) metal, Mg-related compounds, by-products and co-products from already mined, above ground serpentinite tailings.  MOPI’s goal is to become the lowest cost producer of Mg metal in the world by producing Mg at a price equivalent to Aluminum.  Mag One’s potential is evidenced by the fact that it has received support from both the Federal and Provincial governments and is in the process of negotiating further support.

Mag One has a strong management team and a world class technical team, led by Gillian Holcroft, Master’s in Chemical Engineering and 30 years of experience in the mining and metallurgical sector and technology commercialization.  Dr. Dreisinger, a world-renowned metallurgist, Dr. Zuliani a metallurgical executive with 30 years of experience in Mg metal production. The Quebec team includes the University of Sherbrooke and the Centre d’Innovation Miniere de la MRC des Sources (CIMMS) who worked with Mag One to build and operate a pilot facility to demonstrate the first phase of Mag One’s unique process.

Mag One’s pathway to commercialization involves building a modular 30,000 TPY high purity magnesium oxide (MgO) and amorphous silica production facility in 2021 followed by 5000 TPY Mg metal production modules. Subsequent modules will be financed from operating revenues until we are producing 1M TPY of Mg metal. 

The Fund is authorized to issue an unlimited number of transferable, redeemable units of one class. As the Fund is in the process of terminating, there are currently no redemption rights for unit holders. All units have equal rights and privileges, each of which represents an equal, undivided interest in the net assets of the Fund. Each whole unit is entitled to one vote at all meetings of unit holders and is entitled to participate equally with respect to any and all distributions made by the Fund and distributions upon the termination of the Fund.

Maxtech Ventures is a diversified investment corporation.

FF: M1NA    OTC Pinksheets: MTEHF

Metalo Manufacturing Inc. (MMI) is the largest shareholder in two advanced development assets where, collectively, more than $40 million has been invested in assessing and defining market solutions. One asset has a Bankable Feasibility Study and the other a Preliminary Economic Assessment.

Both assets fall under the scope of mining and metals investments, with a similar core value of being an environmental leader in this industry.  One asset is a proposed iron making smelter that will produce the lowest CO2 emissions per tonne of metal globally.  The other asset is a mineral sands project involving no crushing, blasting, or grinding.

The casted iron will be a premium product in the value chain for “mission critical-fail safe” precision components for aerospace, defense, wind energy, automotive and medical devices.  Producing high purity metal with clean and low-cost hydroelectricity is further enhanced by shipping iron ore in and pig iron out, to the market via water – less CO2 and cost per tonne than road or rail.

The mineral sands will deliver high purity inputs for a wide range of products required daily – glass making (automotive, construction, etc.), ceramics, materials for metal makers, etc.  The silica quartz is high purity (SiO2), along with feldspars (ceramics and glass making) and garnets (used as a premium abrasive).  High purity sands are not commonly found.

MMI’s holding in the two projects is through Grand River Ironsands Incorporated (privately held), where MMI controls 44% of the shares.