(TheNewswire)
WASHINGTON, D.C. – TheNewswire – November 23, 2021 – Western Magnesium Corporation (WMC) (TSXV:WMG) (Frankfurt:3WM)(OTC:MLYF) (“Western Magnesium” or the “Company”) wishes to announce that due to health concerns, Robert “Bob” Brown has accepted the position as Honorary Technical Director Emeritus. He will now focus his unparalleled experience on the Company’s technical expertise, recusing himself from the duties of an active board member.
Mr. Brown’s legacy spans over 70 years and has served on WMG’s board since 2013. Along with his operational and academic experience, he has amassed a wealth of industry knowledge in magnesium and varied metals in both ferrous and non-ferrous materials dating back to the 1960’s. Affectionately known as “Magman”, Mr. Brown’s technical management expertise spans decades in light metal foundries and reduction plant operations as well as consultant work with major international magnesium companies in the evaluation, planning, design, marketing, and troubleshooting of new, successful operations.
Mr. Brown’s proficiency in the magnesium metal industry has had a lasting impact from serving as a longstanding publisher of Magnesium Monthly Review, as a contributing editor and columnist for Light Metal Age and Australian Journal of Mining, and as a technical consultant to Magnesium.com.
“It has been a true honor to serve on the Company’s Board of Directors with some of the finest in the industry. To witness the materialization of WMC’s revolutionary approach has been a true gift. I look forward to my continued work with the corporation,”said Brown.
Edward Lee, Executive Chairman said, “Bob will always have a special place with this company as his guidance on new technical ideas have always been based on solid practical applications. He will remain an active participant where his expertise and guidance can continue to help steer the technology of the company.”
Sam Ataya, Director said, “Robert is a pillar of the magnesium industry and a virtual source of knowledge with a distinctive ability to project future prosperity. He has truly left a legacy of knowledge at WMC, and we are grateful for his ongoing guidance.”
About Western Magnesium
Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and light weight. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labor and energy costs relative to current methods and processes, while being environmentally friendly.
Media Relations & Corporate Communications: Ashleigh Barry | abarry@westmagcorp.com | (202) 258-4453
Investor Relations: John Ulmer | julmer@westcorp.com | (604) 423-2709
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from those currently anticipated due to a number of factors, including the Company's dolomite reserves may not be mined because of technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic and we may not be able hire and retain skilled employees. The Company undertakes no obligation to update forward‐looking information except as required by law. The reader is cautioned not to place undue reliance on forward‐looking statements. These forward-looking statements are made as of the date of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
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