Jared Lazerson, chief executive of MGX Minerals Inc (CSE:XMG, OTCQB:MGXMF), tells Proactive they’ve furthered their reach into the emerging energy space with the acquisition of ZincNyx Energy Solutions Inc.
Canadian group ZincNyx Energy Solutions has developed a modular energy storage system (ESS) designed for energy storage in the 5 kW to 1 MW range for extended periods..
Its technology consists of three main systems each using zinc and air to store energy in the form of zinc particles.
This story was originally published at www.proactiveinvestors.com on December 15, 2017 authored by Andrew Scott and featured in The Public Entrepreneur.
Learn more about MGX Minerals Inc. at https://www.mgxminerals.com/ and on the CSE website at http://thecse.com/en/listings/mining/mgx-minerals-inc.