Western Magnesium Corp. is pleased to announce the closing of the final tranche of its previously announced non-brokered private placement of units of the Company. The Private Placement closed on an aggregate total of 2,467,000 Units at a price of USD$0.25 per Unit for combined gross proceeds totaling USD$616,750. The Offering The Units will be [...]
Executive President and CEO of Western Magnesium Corp., ; ; , Sam Ataya appeared on Fox Business this week to discuss the importance of domestic metal manufacturing and highlight magnesium's importance as a "super metal." During the televised interview on Making Money with Charles Payne, Payne referred to the current hazardous environmental [...]
New research into several critical industries says the global market for magnesium metal will grow by nearly 50 percent by 2028, a surge that will give Western Magnesium Corp. Frankfurt-3WM) a significant advantage as it begins the process of building up production capacity in North America. Recent reports, including one released by Acumen Research [...]
Western Magnesium is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement of units of the Company. The first tranche closed on 1,727,000.00 Units at a price of USD$0.25 per Unit for gross proceeds of USD$431,750.00. The Offering The Units will be sold at a price of USD$0.25 per Unit. Each [...]
Western Magnesium Corp. today applauded a national effort that establishes an administration-wide policy aimed at securing domestic sources of critical minerals. In a memo to the Secretary of Defense, President Joe Biden said developing a responsible industrial base that has access to critical minerals is "essential" to U.S. national security. "To [...]
Western Magnesium Corp. is excited to announce that it has received the approval of final engineering field inspections that were conducted last week at the commercial pilot plant. All inspections of the equipment were successful, and the Company has received the final acceptance paperwork. This comes as Western Magnesium's commercial pilot plant [...]
Western Magnesium Corp. is pleased to announce that the final engineering field inspections are being conducted at the Company's commercial pilot plant. These engineering inspections are a critical step in the construction process and will help to ensure the accuracy of all processes and protocols. Successful engineering sign-off of this detailed [...]
Western Magnesium Corp. announces a non-brokered private placement of unsecured convertible notes in the principal amount of USD $3,000,000. The Offering The non-brokered private placement of a 15% unsecured convertible debenture in the principal amount of USD $3,000,000 will be convertible into shares of Common Stock of the Company for a period of [...]
Western Magnesium Corp. is pleased to announce a non-brokered private placement of units of the Company to raise gross proceeds of up to USD $3,000,000. The Units The Units will be sold at a price of USD$0.25 per Unit. Each Unit will consist of one share in the Common Stock of the Company and one share purchase warrant , with each Warrant being [...]
Western Magnesium Corp. ; ; is pleased to announce that it has engaged an accredited, independent valuation firm to provide an assessment of the Company, including its intellectual property, systems and controls, and market potential. The valuation will challenge critical assumptions of Western Magnesium's business model and technology and comes as [...]
Western Magnesium Corp. is pleased to announce recent approval from the U.S. Federal Government for registration into the System for Award Management , and the designation of a Commercial and Government Entity Code. This approval and designation from the Department of Defense will allow the Company to compete for federal contracts and grant awards [...]
Western Magnesium Corp.Western Magnesium Corp. is pleased to announce the majority of equipment has been delivered and multiple trades are on site installing and testing the equipment as the Company's commercial pilot plant is nearing completion. There are currently two final pieces of equipment to be delivered which are on schedule and will be [...]
