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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 GoldHawk2012on Mar 13, 2023 9:02pm
411 Views
Post# 35336464

RE:RE:BAINES: DISPATCHES FROM THE SECURITIES FIELD (Next time)

RE:RE:BAINES: DISPATCHES FROM THE SECURITIES FIELD (Next time)Sam is Khalid

Another $ 3 million was loaned to controversial Vancouver businessman Khalid Ataya, whose company, Skymark Financial Ltd., has been involved in a variety of sketchy businesses, including a proposal to invest $ 50 million in a cashless banking system in the Philippines and, more recently, Lebanon.

The deals often involve huge dollar amounts, such as his 2008 proposal to buy one million metric tons of Russian oil every month for a year. But his record of delivering on these deals is checkered: B. C. court records show he has been named a defendant in more than a dozen lawsuits. Current lawsuits brings those figures closer to two dozen. Working very hard to maintain stellar record of failures! 

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