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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

Post by cabzon Jan 05, 2022 9:58am
95 Views
Post# 34284707

pp accepted

pp accepted

 

Western Magnesium 1,375,499-share private placement

 

2022-01-04 18:11 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 8, 2021.

 

Number of shares:  1,375,499 shares

Purchase price:  68 Canadian cents per share (55 U.S. cents)

Warrants:  1,375,499 share purchase warrants to purchase 1,375,499 shares

Warrant exercise price:  93 Canadian cents (75 U.S. cents) for a one-year period

Number of placees:  21 placees

 

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