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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 stockprobe19on Jan 13, 2021 10:08pm
142 Views
Post# 32291536

News

News
Western Magnesium 3,643,792 warrants extended

 

Western Magnesium 3,643,792 warrants extended

 

2021-01-13 20:21 ET - Miscellaneous

 

The TSX Venture Exchange has consented to the extension in the expiry date of the following warrants.

Private placement

 

Number of warrants:  3,643,792

Original expiry date of warrants:  Jan. 17, 2021

New expiry date of warrants:  Aug. 31, 2021, subject to acceleration if the closing trading price of the company's shares exceeds 30 cents per share for at least 10 consecutive trading days

Exercise price of warrants:  21 cents

 

These warrants were issued pursuant to a private placement of 3,643,792 shares with 3,643,791 share purchase warrants attached, which was accepted for filing by the exchange effective Jan. 22, 2020.

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