(TheNewswire)
WASHINGTON, D.C. – TheNewswire - November 22, 2022 – Western Magnesium Corporation (WMC)(TSXV:WMG.V ) ; ( Frankfurt-3WM ) ; ( OTC:MLYF) (“Western Magnesium” or the“Company”) announces the next Annual GeneralMeeting of Shareholders (the “AGM”) will be held on March7 th ,2023.
The July 25 th , 2022 , August 3 rd , 2022 , and September 1 st , 2022 AGM’s were cancelled due to significant milestones thatrequired additional time to complete which were relevant fordiscussions with shareholders.
Western Magnesium has engaged MorrowSodali as its proxy solicitation agent forthe AGM. Morrow Sodali is a leading providerof strategic advice and shareholder services to corporate clientsworldwide.
Western Magnesium's goal is to be a low-cost producerof green, primary magnesium metal, a strategic commodity prized forits strength and light weight. Unlike outdated and costly productionprocesses, Western Magnesium looks to use a continuous silicothermicprocess to produce magnesium, which significantly reduces labor andenergy costs relative to current methods and processes, while beingenvironmentally friendly.
About Morrow Sodali
Morrow Sodali’s mission is to bring together all theexpertise, information, technology, and resources companies need toengage effectively with shareholders and maximize support for theirbusiness initiatives. The firm provides corporate Boards andexecutives with strategic advice and services relating to corporategovernance, shareholder and bondholder communication and engagement,capital markets intelligence, proxy solicitation, shareholder activismand mergers and acquisitions.
Investor Relations
John Ulmer | julmer@westmagcorp.com | (604)423-2709
Corporate Governance Advisor &Proxy Solicitation Agent
Morrow Sodali | assistance@morrowsodali.com | 1( 888) 444-0591
Forward-Looking Statements
Statements in this news release thatare not historical facts are forward-looking statements that aresubject to risks and uncertainties. Actual results may differmaterially from those currently anticipated due to several factors,including the Company's dolomite reserves may not be mined because oftechnical, regulatory, financing, or other obstacles, the market pricefor magnesium may make our resources uneconomic and we may not be ableto hire and retain skilled employees. The Company undertakes noobligation to update forward-looking information except as required bylaw. The reader is cautioned not to place undue reliance onforward-looking statements. These forward-looking statements are madeas of the date of this news release.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
This news release does notconstitute an offer to sell or a solicitation of an offer to buy anyof the securities described in this news release. Such securities havenot been, and will not be, registered under the United StatesSecurities Act of 1933, as amended (the “U.S. Securities Act”), orany state securities laws, and, accordingly, may not be offered orsold within the United States, or to or for the account or benefit ofpersons in the United States or “U.S. Persons”, as such term isdefined in Regulation S promulgated under the U.S. Securities Act,unless registered under the U.S. Securities Act and applicable statesecurities laws or pursuant to an exemption from such registrationrequirements.
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