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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 Sherry35on Sep 30, 2022 10:05am
165 Views
Post# 34997312

RE:RE:Lawsuit summary from their latest filing (Form 10-K)

RE:RE:Lawsuit summary from their latest filing (Form 10-K)Just wondering if all of WMG's costs in servicing this Sever lawsuit over the past few quarters would cover the $2.5M damages. The costs being lawyer fees, court fees, accountant fees (?), WMG employee salaries. Then there are the irrate investors and delay in revenue.

Hmmmm...is Sever's lawsuit gating the progress of the company?
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