# MGX Minerals increases ownership in PurLucid Treatment Solutions to 55%

MGX Minerals Inc. increased its ownership in engineering partner PurLucid Treatment Solutions to 55% with an investment of $2.6 million.

- Type: Acquisition
- Announced: 2018-08-07
- Where: Canada
- Value: $2.60M
- Status: completed
- Products: wastewater treatment systems, lithium extraction systems
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [MGX Minerals](https://endata.com/companies/28629.md)
- [PurLucid Treatment Solutions](https://endata.com/companies/28628.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/08/07/1547809/0/en/MGX-Minerals-Increases-Ownership-in-Lithium-and-Cleantech-Partner-PurLucid-Treatment-Solutions-Provides-First-Plant-Deployment-Update.html), 2018-08-07: "the Company has increased its ownership in engineering partner PurLucid Treatment Solutions to 55% with the investment of $2.6M"
- [einpresswire.com](https://www.einpresswire.com/article/457857935/mgx-minerals-increases-ownership-in-lithium-and-cleantech-partner-purlucid-treatment-solutions-provides-first-plant-deployment-update), 2018-08-07: "the Company has increased its ownership in engineering partner PurLucid Treatment Solutions to 55% with the investment of $2.6M"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.