BURNABY, British Columbia, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd. (the "Company" or "Mineworx") (TSXV:MWX) (OTCQB:MWXRF) (FSE:YRS) (WKN:A2DSW3) announces that further to the Company’s news release of December 18, 2017 that its application to extend the expiry date of its warrants was accepted by the TSX Venture Exchange.

Accordingly, the expiry date for the 10,541,667 common share warrants previously set to expire on Jan. 7, 2018, have been extended to November 7, 2018. All other terms and conditions of the warrants remain unchanged, inclusive of the Accelerated Expiry Provision which states:  The warrants are subject to an accelerated expiry stating that if at any time after the standard four month hold period the closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.40 for any 10 consecutive trading days, the warrant holder may be given notice that the warrants will expire 30 days following the date of such notice.

Warrant holders are advised that replacement warrant certificates will not be issued and that the original warrant certificates must be presented to the company in order to effect the exercise or transfer of such warrants.

About Mineworx

Mineworx is positioned for growth through partnerships with advanced mining and E-Waste opportunities utilizing its licensed cyanide-free precious metals extraction formula and patent-pending portable extraction technologies. These three innovations will increase and enhance business opportunities by deploying cost effective, environmentally friendly extractive metallurgy solutions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, go to www.mineworx.net

For further information contact:

MINEWORX TECHNOLOGIES LTD.
Rick Gliege, V.P. Corporate Development
250-751-3661
[email protected]