Fundz

Western Magnesium Corp. reported raising $729,000 in an initial SEC Form D filing, from an offering of $13.5 Million

PRIVATEJan 25, 2021$729K of $13.5M raised

Amount Raised

$729,000

$729,000 sold, per SEC Form D (first sale Jan 25, 2021)

Round Type

Seed

MccleanOtherInformation Technology

Quick answer

Western Magnesium raised $729,000 in a Seed round, dated January 25, 2021. Western Magnesium is based in Mcclean, Virginia, United States.

How much did Western Magnesium raise?
Western Magnesium raised $729,000 in a Seed round on January 25, 2021.
What does Western Magnesium do?
Western Magnesium Corporation is headquartered in the nation’s capital region of the United States of America.
Where is Western Magnesium based and how big is it?
Western Magnesium is based in Mcclean, Virginia, United States.

Source: Fundz verified event record.

Who to call at Western Magnesium, and when

A new round usually means Western Magnesium is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Western Magnesium raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Western Magnesium, from your own LinkedIn network

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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 Unlike outdated and costly production processes, Western Magnesium uses a continuous silicothermic process to produce magnesium, which significantly reduces labour and energy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.

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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.

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