Nevada Clean Magnesium is pleased to announce a major milestone in the testing of its bench scale pilot furnace. The furnace achieved an operating temperature of 1,250 degrees Celsius within an acceptable time under low pressure with argon flow.(Thermal reductant processing parameters can typically be difficult to reach and sustain.) With the [...]
Nevada Clean Magnesium today announced the appointment of Dennis Mee, CPA, CA to the board of directors and as CFO. Dennis Mee has over 35 years' experience as a senior financial and operational executive with a variety of industries and is currently President of Part Time CFO Inc, providing companies finance/accounting, strategic planning and [...]
Nevada Clean Magnesium today announced that it closed $78,500 by way of a non-brokered private placement of units of the Company at a price of $0.05 per Unit. The Offering is subject to TSXV final acceptance. The Offering The maximum Offering of 1,570,000 is for gross proceeds of $78,500. The Offering was not subject to any minimum aggregate [...]
Nevada Clean Magnesium is pleased to announce the closing of the non-brokered private placement of unsecured convertible notes, previously announced August 9th, in the Principal Amount of $220,000. The Principal Amount of the Convertible Note will bear interest at 10% per annum, and any accrued but unpaid interest, will mature on the date that is [...]
Nevada Clean Magnesium today announced the results from the Company's 2016 Annual General Meeting that was held on August 8th in Vancouver, BC. Shareholders voted in favour of all matters brought before them at the meeting, including the re-election of Edward Lee, James Sever, Steve Thorlakson, Robert Brown, Jeff Wilson, Aaron Palumbo, Scott Rowe [...]
Nevada Clean Magnesium today announced that it intends to raise up to $75,000 by way of a non-brokered private placement of units of the Company at a price of $0.05 per Unit. The Offering is subject to TSXV final acceptance. The Offering The maximum Offering is for gross proceeds of up to $75,000. The Offering is not subject to any minimum [...]
Nevada Clean Magnesium today announced that it will conduct a non-brokered private placement of unsecured convertible notes in the principal amount of $220,000. The Principal Amount of the Convertible Note will bear interest at 10% per annum, and any accrued but unpaid interest, will mature on the date that is one (1) year following the Closing [...]
Nevada Clean Magnesium is pleased to announce that its common stock has been approved for trading on the OTCQB market under the symbol "MLYFF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "NVM". Some of the benefits to listing on the OTCQB include: -Listed with other companies that have audited [...]
Nevada Clean Magnesium announces an update regarding the bench scale test furnace systems and the materials briquetting test work. The bench scale pilot furnace operating system is nearing completion. This will be followed with a timed pressure hold and leak testing of all welds and joints. Upon a successful result, the furnace will be subjected to [...]
Nevada Clean Magnesium today announced that it has settled the civil claim commenced by a former officer of the Company for unpaid fees. The claim was announced in a Company news release dated October 26, 2016. The Company has now obtained a full and final release from the claimant. About Nevada Clean Magnesium, Inc. Nevada Clean Magnesium is [...]
(TheNewswire) VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 24, 2017 - Nevada Clean Magnesium Inc.. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (The "Company" or "NCM") today announced it has engaged FronTier Merchant Capital Group to provide investor relations (IR) and marketing services. FronTier is an Investor Relations group with a [...]
Nevada Clean Magnesium is pleased to announce that it has closed a third and final tranche of the non-brokered private placement originally announced on February 10th, 2017 for gross proceeds of $351,813.00 comprising of 7,036,260 Units at a price of $0.05 per Unit. The placement closed oversubscribed with the total aggregate amounting to [...]
