Western Magnesium Corp. is announces a non-brokered private for gross proceeds of up to US $1,656,251 / CDN $2,070,313. The Offering The Offering is for gross proceeds of up to US $1,656,251 / CDN $2,070,313. Each Unit will consist of one common share at US $0.44 / CDN $0.55 in the capital of Western Magnesium and one Common Share Purchase Warrant. Each Warrant will be exercisable into one Common Share for a period of [...]
Western Magnesium Corp. announces that on August 6, 2021 it filed a Form 10 Registration Statement with the Securities and Exchange Commission to register its common stock under Section 12 of the Securities Exchange Act of 1934. Once the Form 10 goes effective which is expected to occur on October 5th, 2021, Western Magnesium will be subject to the reporting requirements of the Exchange Act and will be required to file [...]
Western Magnesium Corp. is excited to announce that testing will commence within the next 30 days, on its proprietary new reactor. Management is pleased with the progress to date and is excited to commence this next phase. Furthermore, the commercialized pilot plant is undergoing the final build out stage and all necessary equipment and supplies have been finalized and ordered, allowing the operations team to produce an [...]
Western Magnesium Corp. is pleased to announce the closing of its non-brokered private placement previously announced June 25th, 2021 for gross proceeds of CDN $870,000 and the issuance of 4,350,000 Units. The Offering The initial Offering was for gross proceeds of CDN $850,000 and has been increased to CDN $870,000.00. Each Unit consists of one common share at $0.20 in the capital of Western Magnesium Corp. and one [...]
Western Magnesium Corp. is very pleased to announce the resolutions were passed by an overwhelming majority at its annual general and special meeting held on June 11, 2021. The Board is thankful to the shareholders for the trust in the Directors future vision for the Company as they voted in favor of all matters brought before them at the meeting, including the re-election of Edward Lee, Sam Ataya, Steve Thorlakson [...]
Western Magnesium Corp. announces a non-brokered private placement for proceeds of up to CDN $850,000. The Offering The Offering is for gross proceeds of up to CDN $850,000. Each Unit will consist of one common share at $0.20 in the capital of Western Magnesium and one Common Share Purchase Warrant. Each Warrant will be exercisable into one Common Share for a period of one year at a price of $0.30/share. The completion of [...]
Western Magnesium Corp. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement . The first tranche closed on 5,223,420 Units for gross proceeds of CAD $679,044. The second tranche closed on 17,853,506 Units for gross proceeds of CAD $2,320,956. Total aggregate gross proceeds realized is CAD $3,000,000. The Offering The maximum Offering is for gross [...]
Western Magnesium Corp. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement . The first tranche closed on 5,223,420 Units for gross proceeds of CAD $679,044. The second tranche closed on 17,853,506 Units for gross proceeds of CAD $2,320,956. Total aggregate gross proceeds realized is CAD $3,000,000. The Offering The maximum Offering is for gross [...]
Western Magnesium Corp. is pleased to announce a significant investment into the Company of US$1,500,000 for the continuing build-out of our pilot plant. Executive President & CEO, Sam Ataya says, "This investment into our Company signals the market's confidence by recognizing what has been achieved to date and the stage of development we are at regarding plant operations and metal production." The non-brokered private [...]
Western Magnesium Corp. is pleased to announce it has received final approval from the TSXV for the agreement with Industrial Surplus Ltd. Western Magnesium would like to thank the Industrial Surplus Ltd. team for its hard work and commitment on the latest reactor buildout. We look forward to the work ahead with the ISL team as we start the process of getting our reactor ready to produce metal within the next 90 days [...]
Western Magnesium Corp. is excited to announce, in conjunction with developments at the commercialized pilot plant, the development, buildout, and completion of our magnesium reactor. Click Image To View Full Size This is a significant, and much anticipated milestone for the Company, and has accelerated our internal timeline for the production of magnesium metal. As we have previously focused on metal production by the [...]
Western Magnesium Corp. is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement. The first tranche financing was closed on 5,223,420 Units at a price of CAD 0.13 per Unit for gross proceeds of CAD 679,044. Western Magnesium has applied for a 30-day extension from the TSX Venture Exchange for its current non-brokered private placement. The Company confirms that [...]