Western Magnesium Corp V.WMG.H

Alternate Symbol(s): MLYF

Metals & Mining Industrial Metals & Minerals

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

Western Magnesium Corp

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Post by RawSiennaon Mar 13, 2023 1:11pm

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Post# 35335163

What's next? Don't file the paperwork and continue

the Cease Trade Order or will they file and attempt a comeback?
I mean Steve Thorlakson (the CFO) is in his playground not filing taxes and things as he spent time in jail already for it.
https://www.theglobeandmail.com/news/national/former-mayor-jailed-for-income-tax-violations/article1353601/#:~:text=A%20former%20mayor%20of%20Fort,to%20be%20served%20on%20weekends.
The issues at hand of the Cease Trade Order are...
-The Issuer has not filed the following periodic disclosure required by the Legislation:
1. annual audited financial statements for the year ended October 31, 2022
2. annual management’s discussion and analysis for the year ended October 31, 2022,
3. certification of annual filings for the year ended October 31, 2022.

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