Nevada Clean Magnesium today announced that it has closed the non-brokered private placement of unsecured convertible notes previously announced on October 25th, 2016. The accumulated total from the two tranches has collectively raised $62,000; no finder's fees were paid in connection with the financing. The financing is subject to final approval [...]
Nevada Clean Magnesium is pleased to announce it has entered into a binding Memorandum of Understanding for the purposes of forming a technical joint venture with Big Blue Technologies, of Broomfield, Colorado, USA. BBT is a closely-held limited liability company engaged in developing high temperature chemical processing solutions to aid in the [...]
Nevada Clean Magnesium today announced that the TSX Venture Exchange has granted a 30-day extension for the non-brokered private placement of unsecured convertible notes. About the Financing The Principal Amount of the Convertible Note will bear interest at 7.5% per annum, and any accrued but unpaid interest, will mature on the date that is one (1 [...]
Nevada Clean Magnesium announce that ScanMag AS of Norway has requested a 6 month extension of the technical joint venture agreement to raise the funds needed to fulfill their investment obligation to NCM. Upon receiving the request, the NCM board of directors met and unanimously agreed to grant ScanMag the extension with the the condition that [...]
Nevada Clean Magnesium annouced that it has entered into a service agreement in exchange for common shares with Lodestar Management Group, a US corporate logistics company. LODESTAR will provide advisory, consulting, negotiation and other management services relating to corporate management, administrative and/or operational activities of Nevada [...]
Nevada Clean Magnesium today announced that it closed a second tranche in the amount of $22,000 of the non-brokered private placement of unsecured convertible notes previously announced on October 25th, 2016. The accumulated total from the two tranches has collectively raised $62,000; no finder's fees were paid in connection with the financing.
Nevada Clean Magnesium today announced that the TSX Venture Exchange has granted a 30-day extension for the non-brokered private placement of unsecured convertible notes. The Principal Amount of the Convertible Note will bear interest at 7.5% per annum, and any accrued but unpaid interest, will mature on the date that is one (1) year following the [...]
Nevada Clean Magnesium wishes to provide an update on the progress of constructing the bench scale pilot furnace being done in Fort St John. by Lindon Enterprises Ltd. After the recent successful completion of the test work from to U of C regarding the use of both the ferrosilicon and the alternate reductant, a major part required for the proof of [...]
Nevada Clean Magnesium today announced that due to technical issues regarding the filing of the "Personal Information Form" as required by the TSX Venture Exchange, effective immediately Dennis Mee has tendered his resignation. Mr. Mee will remain as an advisor to the company and Steve Thorlakson, an independent director will act as interim CFO [...]
VANCOUVER, BRITISH COLUMBIA / TheNewswire / October 27, 2016 - Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (The "Company") today announced that it closed the second tranche of the non-brokered private placement of unsecured convertible notes (the "Convertible Note") announced on October 25th, 2016 in the amount [...]
Vancouver, British Columbia / TheNewswire / October 26, 2016 - Nevada Clean Magnesium Inc.. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (the "Company") today announced that it has received notice of a civil claim filed at the BC Supreme Court from a former officer of the Company. In response to the claim, the Company has established a [...]
Nevada Clean Magnesium today announced that it will conduct a non-brokered private placement of unsecured convertible notes in the principal amount of $120,000. The Principal Amount of the Convertible Note will bear interest at 7.5% per annum, and any accrued but unpaid interest, will mature on the date that is one (1) year following the Closing [...]
