Fundz

Western Magnesium Corp. reported raising $1.73 Million in an initial SEC Form D filing, from an offering of $1.73 Million

PRIVATEAug 03, 2021

Amount Raised

$1.73 Million

$1.73 Million sold, per SEC Form D (first sale Aug 3, 2021)

Round Type

Seed

MccleanOtherInformation Technology

Who to call at Western Magnesium, and when

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Company Information

Company

Western Magnesium

Location

Mcclean, Virginia, United States

About

Western Magnesium Corporation is headquartered in the nation’s capital region of the United States of America. The company redomiciled to the United States from Canada in 2019 and will play a significant role in supplying increasing U.S. demand for magnesium metal and alloys. Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and lightweight. Unlike outdated and costly production processes, Western Magnesium uses a continuous silicothermic process to produce magnesium, which significantly reduces labour and energy costs relative to current methods and processes, while being environmentally friendly.

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Fundz sees it the moment Western Magnesium raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsEdward L., Executive Officer, Director hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Western Magnesium's next move

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Western Magnesium raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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