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VANCOUVER, BRITISH COLUMBIA/ September 3, 2019 / MGX Renewables Inc. (“MGXR” or the “Company”)  (CSE:MGXR FSE:0E9) is pleased to announce production of next generation carbon based cathode for its Zinc-Air Fuel Cell Battery.  To date the Company has produced 300 cathodes for use in its initial mass storage battery systems.  Each 5kW fuel cell stack utilizes 50 cathodes. MGXR has developed proprietary and patented fuel cell and battery technology and will continue to specialize in the design and manufacture of cathodes in-house.  The planned initial scale-up of cathode production is for 36MW of annual equivalent capacity with a minimum storage of 8 hours or 288MWh of storage followed by the addition of similar scale fabrication machinery as necessary.  The Company continues to develop a hybrid manufacturing strategy of leveraging its proprietary designs utilizing fabrication partners for standardized components such as injection molded pieces, with the most technically advanced and proprietary components, such as the fuel cell cathode, being manufactured in house. 

MGXR Energy Storage System

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Vaughan, Ontario, August 29, 2019- Spyder Cannabis Inc. (TSXV: SPDR) ("Spyder" or the "Company"), an established Ontario retail operator, is pleased to announced it has entered into a purchase agreement (the “Agreement”) with an arm’s length third party (the “Vendor”) to acquire the Vendor’s interest in a development permit issued by the City of Calgary for the operation of a retail cannabis store (the “Development Permit”) and an assignment of the leased attached to such Development Permit (the “Lease Assignment”; together with the Development Permit, the “DP Assets”).

Pursuant to the Agreement, the purchase price for the DP Assets will be $175,000, which will be payable through the issuance of 3,000,000 common shares of Spyder (“Spyder Shares”) at a deemed price of $0.0583 per share. The closing of the transactions contemplated by the Agreement is subject to the satisfaction of a number of conditions, including, but not limited to, receipt of all required regulatory approvals including the approval of the TSX Venture Exchange, the Company’s satisfaction of its due diligence results, inspections and investigations and obtaining landlord’s consent to the Lease Assignment. 

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Renewable energy is often misunderstood and can be easy to poke fun at. Case in point: President Donald Trump recently gave a speech at a Shell petrochemicals plant being built outside of Pittsburgh and made the following comments:

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Vaughan, ON, August 14, 2019, Spyder Cannabis Inc. ("Spyder", TSXV: SPDR), an established Canadian cannabis and vape retail operator, announces the launch of a new same-day delivery service for customers in the Greater Toronto Area.

Spyder customers in the Greater Toronto Area now have the option, for a nominal fee, of choosing guaranteed same-day delivery for vapes and cannabis accessories on orders placed before 2pm.

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Vaughan, ON, August 13, 2019, Spyder Cannabis Inc. ("Spyder"), an established Canadian cannabis and vape retail operator,announced today an arrangement through which Spyder will open 5 hemp boutique locations with potential for more at Tanger Outlet centers throughout the United States.

This agreement will expand Spyder’s physical footprint to a projected 11 total locations by the end of this year, with the potential for additional locations in the future.  “Tanger Outlet operates 39 upscale outlet shopping centers located in 20 states coast to coast and will allow us access to millions of consumers,” stated Daniel Pelchovitz, CEO and President of Spyder. “They offer a superior outlet experience and deep tenant relationships, and we are excited to introduce our hemp retail to their centers.”