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 Executer99on Sep 28, 2022 11:46pm

188 Views

Post# 34993990

Financials are out tonight. OUT of cash!!!!

Salaries were 1.151.045 in the quarter

1.15 million !!! In 3 months

137k travel expenses
119k rent
266k office expenses
372k interest
181k consulting
23k software
320k legal fees