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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 MagInvestor1on Oct 17, 2022 8:10am
192 Views
Post# 35028452

Another Executive quits WMC

Another Executive quits WMCHi All,

More and more leaders are quitting this toxic shell company.  Peter Ororke, Ramsay Hamady, Robert Ingram, Andrea Chan, Christine Wen and now Mike Rutkowski has quit as well.  Understandng from Canada insiders is he hasnt been paid since May 2022 (as is others remaining to go down) and the impending SEC investigation.  I dont belame them all for quitting with the storm that is coming down on this shell company.  Toxic work environment and no money to produce anything.  Where did all that money go to ($70M)?  Add in the two accoutning firms and legal firm quitting as well, huge huge red flags here.  This should be a massive wake up call for this lastest departure.  I will be looking for the SEC notification in 4 days over this one if not sooner as no telling when his picture went down?  
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