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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Comment by RawSiennaon Aug 21, 2021 2:58pm
88 Views
Post# 33745256

RE:RE:RE:Western Q3 end August 2021 *update

RE:RE:RE:Western Q3 end August 2021 *update Well the Sever case is in the top court in Canada so i'm not sure how weak it is.
From the outside looking I see it as they took Severs ideas and intellectual property, changed 
the company name and re-registered their company from British Columbia to Delaware for some reason.
Not a lawyer but I think they are trying to blow him off for some reason and re-registering their business from Canada to USA
comes into play on that front.
So if you think that doesn't come into play on a company who's only claim to fame right now is technology invented by him that's certainly your perogative.

"
Corporate History


We were incorporated under the Company Act (British Columbia) on March 24, 1966 as “Ft. Lauderdale Resources Inc.” We changed our name to Amcorp Industries Inc. on July 20, 1990, to Molycor Gold Corporation on May 17, 1996, to Nevada Clean Magnesium Inc. on April 16, 2012 and to Western Magnesium Corporation on May 14, 2019. On May 14, 2019, we discontinued from the jurisdiction of the Business Corporations Act (British Columbia) and domesticated under the General Corporation Law of the State of Delaware under the name “Western Magnesium Corporation (WMC).” In connection with the name change, we also changed our stock symbol to “WMG” on the TSX Venture Exchange. The Company has two wholly-owned subsidiaries: Western Magnesium Corp., incorporated in the State of Nevada in the United States which owns our mining claim in the Schell Creek Range located southeast of Ely, Nevada; and Western Magnesium Canada Corp., incorporated on May 3, 2019 in British Columbia, Canada which manages our Canadian operations.

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