Last PP filed today. 10 cents. FACTSNo lies milf
Last pp was .10!!!!
A news release dated June 15, 2021 was disseminated to the TSX Venture Exchange and through various other approved public media and filed on SEDAR with applicable securities commissions.
Summary of Material Change(s)
Western Magnesium closed on a non-brokered private placement (the “Offering”). The Company issued a 12% unsecured convertible debenture (the “Convertible Debenture”) in the principal amount of US$1,500,000 due December 10, 2022 (the “Maturity Date”).
Full Description of Material Change
Full Description of Material Change
Western Magnesium closed on a non-brokered private placement. The Company issued the Convertible Debenture in the principal amount of US$1,500,000 due on the Maturity Date.
The Convertible Debenture is convertible into shares of Common Stock of the Company (“Conversion Shares”) prior to the Maturity Date at a price of US$0.10. In addition, pursuant to the Convertible Debenture, for every Conversion Share issued, the following shall also be issued thereunder: (i) one-half of one Company Class A common stock purchase warrant, with each whole warrant being exercisable at a price of US$0.13 until June 10, 2026 and (ii) one-half of one Class B common stock purchase warrant, with each whole warrant being exercisable at a price of US$0.19 until June 10, 2026.
Net proceeds from the Offering will be used for the continuing build-out of t