Nevada Clean Magnesium today announced that it has granted 1,100,000 incentive stock options pursuant to its Stock Option Plan for its directors, officers, advisors and consultants. The options are exercisable at a price of $0.05 per share for a five-year term. Any shares issued on the exercise of these stock options will be subject to a four-month [...]
Nevada Clean Magnesium is pleased to announce it has entered into an agreement with Baxter Capital, of Scottsdale, Arizona for financial advisory and to assist with the company's application for uplisting to the OTC QB. Baxter Capital Advisors Inc. (BCA) is a Georgia Corporation and will serve as financial advisors to NVM, assisting with the [...]
Nevada Clean Magnesium is pleased to announce the TSX Venture Exchange has approved an operating and storage agreement between the Company and Industrial Surplus Supplies Ltd. located in Fort St. John, British Columbia. The agreement provides the Company with a facility to operate and later store the bench scale pilot furnace which is scheduled to [...]
Nevada Clean Magnesium is pleased to announce the completion of the bench scale test furnace. This work was performed by Lindon Acres Enterprises of Fort St John, British Columbia. Originally scheduled for early 2016 with the process testing to follow, it was decided to delay the larger scale test until the materials assessment program was [...]
Nevada Clean Magnesium today announced that it has granted 3,500,000 incentive stock options pursuant to its Stock Option Plan for its directors, officers, advisors and consultants. The options are exercisable at a price of $0.05 per share for a five-year term. Any shares issued on the exercise of these stock options will be subject to a four-month [...]
Nevada Clean Magnesium announces the current private placement originally announced February 10, 2017 to raise up to $250,000 by way of a non-brokered private placement is oversubscribed and the TSX Venture Exchange has approved an increase in the Offering to $350,000. The Company closed the first tranche of the non-brokered private placement on [...]
Nevada Clean Magnesium is pleased to announce that it has closed the second tranche of the non-brokered private placement previously announced on February 10th, 2017 for gross proceeds of $202,500 comprised of 4,050,000 Units at a price of $0.05 per Unit. In connection with the second tranche of the Offering, the Company paid $11,000 cash in [...]
Nevada Clean Magnesium is pleased to announce that it has appointed Aaron Palumbo, Scott Rowe, and Boris Chubukov of Big Blue Technologies LLC, to its board of directors. Aaron Palumbo, Ph.D. is appointed to the position of Executive Vice President of NCM and holds a Ph.D. in Chemical and Biological Engineering. He is the current President and CEO [...]
Nevada Clean Magnesium announced the lapse and therefore termination of the JV previously announced June 22, 2015 between ScanMag AS and Nevada Clean Magnesium. The original JV agreement has been extended on 2 different occasions to allow ScanMag's management time to raise the funds necessary to meet their commitment to NCM. The latest request for [...]
Nevada Clean Magnesium is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on February 10th, 2017 for gross proceeds of $98,260 comprised of 1,965,200 Units at a price of $0.05 per Unit. In connection with the first tranche of the Offering, the Company paid an 8% Finder's Fee in [...]
Nevada Clean Magnesium is pleased to announce that the TSX Venture Exchange has accepted for filing the Binding Memorandum of Understanding dated February 1, 2017 between Nevada Clean Magnesium and Big Blue Technologies of Broomfield, Colorado, USA whereby the Company and BBT have agreed to enter into a technical joint venture. Both parties will [...]
Nevada Clean Magnesium today announced that it intends to raise up to $250,000 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 5,000,000 Units for gross proceeds of up to $250,000. The Offering is not subject to [...]
