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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 PappyGalloon Aug 10, 2021 2:50pm
87 Views
Post# 33679268

RE:RE:Private plaecemnet

RE:RE:Private plaecemnetIt is my understanding that when they start the process for a PP they use the price at that time.   I have noticed most of the time that the PP are lower than the going price of the share at the time.  The other thing to note is that only certain people can get into a PP - you have to be an accredited investor and you need to know the right people to get into it.

I may be wrong so any correction would be appreciated.
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