|Bid||0.1950 x N/A|
|Ask||0.2000 x N/A|
|Day's Range||0.1850 - 0.2000|
|52 Week Range||0.0450 - 0.3500|
|Beta (3Y Monthly)||-1.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
OTCQB:MLYF) ("Western Magnesium" or the “Company”) announces a non-brokered private placement with a U.S. based private investment firm. The private placement will provide the Company with US$5 Million to finance the Company’s growth strategy and ongoing operations.
OTCQB: MLYF) (the “Company” or “Western Magnesium”) is pleased to announce it has retained RHK Capital ("RHK"), a boutique investment banking firm specializing in small to medium-sized transactions to assist in a capital raise that will continue funding the Company’s growth strategy. Richard Kreger, Senior Managing Director of RHK Capital said, “We appreciate the opportunity to work with the Western Magnesium team and their vision for magnesium manufacturing.
OTCQB: MLYF) (the “Company” or “Western Magnesium”), which is advancing its proprietary, silicothermic, ‘green’ magnesium production process, today announced that Sam Ataya, Chief Executive Officer, will present an overview of the Company's business at the Fourth Annual RHK Capital Disruptive Growth Conference hosted by Reed Smith on September 4, 2019 at 1:00 PM Eastern Time. The Conference will be held at the offices of Reed Smith, 599 Lexington Avenue, 22nd floor, New York, NY 10022.
OTCQB: MLYF) (the “Company” or “Western Magnesium”) announced it has issued an indication of interest to acquire a former smelter site in the state of Washington. “If successful, the site will be created as a center for magnesium metal production and innovation, where like-minded companies can collaborate to take full advantage of our revolutionary, clean production process that will establish Western Magnesium as the low-cost producer of green, primary magnesium,” says Sam Ataya, Chief Executive Officer of Western Magnesium. Western Magnesium’s scalable commercial furnaces require a smaller footprint than previous operational requirements and, unlike alternative production methods, contribute to the Company’s ultimate zero waste goal.