Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cash | $39.6K3 | $462.4K3 | ||
| Receivables | $151.5K3 | |||
| Current assets | $159.3K3 | $1.2M3 | ||
| Property, plant and equipment | $2.6M3 | |||
| Total assets | $708.8K3 | $4.5M3 | ||
| Current liabilities | $2.6M3 | $10.9M3 | ||
| Total liabilities | $2.8M3 | $11.3M3 | ||
| Retained earnings | -$52.1M3 | |||
| Shareholders’ equity | -$1.3M3 | -$2.1M3 | -$6.8M3 | |
| Shares outstanding | 323.4M shares3 | 392.9M shares3 | 421.9M shares3 |
Corporate structure
Western Magnesium Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Western Magnesium Corp.
- ALPHA CAPITAL ANSTALT Filed SC 13G/A on Western Magnesium Corp., latest Feb 6, 2023 (3 filings since Jan 12, 2022)
- Western Magnesium Corp. Mclean, Virginia
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Western Magnesium Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.6M3 Oct 31, 2021 | $107.3K3 Oct 31, 2020 | +2368.3% |
| Accumulated depreciation | $72.7K3 Oct 31, 2021 | $27.8K3 Oct 31, 2020 | +161.2% |
| Property and equipment, net | $2.6M3 Oct 31, 2021 | $79.4K3 Oct 31, 2020 | +3141.2% |
| Operating-lease assets (leased space) | $598.6K3 Oct 31, 2021 | $374.0K3 Oct 31, 2020 | +60.1% |
Investments
Leadership
Who has led Western Magnesium Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerSam Ataya Dec 13, 2021 to Dec 13, 20217
- PresidentPeter O'Rourke Dec 13, 2021 to Dec 13, 20218
- Chief financial officerRobert Ramsey Hamady Jun 3, 2022 to Jun 3, 20229
- Chief financial officerDiana Kim Evans Dec 13, 2021 to Dec 13, 202110
- Chief operating officerLisa Diane Maxwell Dec 13, 2021 to Dec 13, 202111
Board members and other officers (9)
- Chief ControllerAndrea Chan Dec 13, 2021 to Dec 13, 202112
- Corporate SecretaryKarim Alameddine Dec 13, 2021 to Dec 13, 202113
- Chief Technology OfficerPaul Sauve Dec 13, 2021 to Dec 13, 202114
- Exec. VP, Special ProjectsRabih Ataya Dec 13, 2021 to Dec 13, 202115
- Exec. VP, Ent. Bus. & DefenseMichael Rutkowski Dec 14, 2021 to Dec 14, 202116
- Board memberPeter O'Rourke Dec 13, 2021 to Dec 13, 20218
- Board memberRabih Ataya Dec 13, 2021 to Dec 13, 202115
- Board memberSam Ataya Dec 13, 2021 to Dec 13, 20217
- Board memberStephen Thorlakson Dec 13, 2021 to Dec 13, 202117
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
- Western Magnesium CorpFeb 4, 2020 to Feb 4, 20202
Timeline
- Nov 15, 20228-K Entered a material agreement21
- Oct 31, 20228-K Change of auditor22
- Sep 13, 20228-K Executive or director change23
- Sep 6, 20228-K Executive or director change24
- Sep 2, 20228-K Change of auditor25
- Aug 12, 20228-K Executive or director change26
- Jun 7, 20228-K Regulation FD disclosure27
- May 25, 20228-K Change of auditor28
- Apr 20, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares29
- Mar 17, 20228-K Executive or director change30
- Mar 8, 20228-K Executive or director change31
- Dec 13, 2021New chief executive Sam Ataya becomes CEO7
Filings
61 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 11 major events, 13 insider forms, 3 large holders, 7 private raises, 23 other. The latest 20:
- Jun 11, 2025REVOKED EDGAR
- Mar 9, 2023D EDGAR
- Feb 9, 2023D EDGAR
- Feb 9, 2023D EDGAR
- Feb 6, 2023DEF 14A EDGAR
- Feb 6, 2023SC 13G/A AMENDMENT NO. 2 TO SCHEDULE 13G EDGAR
- Jan 30, 2023NT 10-K EDGAR
- Dec 2, 2022D EDGAR
- Nov 15, 20228-K EDGAR
- Oct 31, 202210-Q EDGAR
- Oct 31, 20228-K EDGAR
- Sep 15, 2022NT 10-Q EDGAR
- Sep 13, 20228-K EDGAR
- Sep 6, 20228-K EDGAR
- Sep 2, 20228-K EDGAR
- Aug 12, 20228-K EDGAR
- Jul 13, 2022424B3 EDGAR
- Jul 12, 2022EFFECT EDGAR
- Jul 7, 2022CORRESP EDGAR
- Jun 24, 2022S-1/A EDGAR
The 61 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- ALPHA CAPITAL ANSTALTSC 13G/A, 3 filings Jan 12, 2022 to Feb 6, 202332
Money raised
Private offerings the company reported to the SEC on Form D.
- Mar 3, 2023Raised $320,884 in a private offering of equity Form D: $5.8 million offered in all Form D
- Jan 30, 2023Raised $49,414 in a private offering of equity Form D: $3 million offered in all Form D
- Dec 30, 2022Raised $73,695 in a private offering of equity Form D: $3 million offered in all Form D
- Nov 23, 2022Raised $188,530 in a private offering of equity Form D: $3 million offered in all Form D
- May 9, 2022Raised $431,750 in a private offering of equity Form D: $8.4 million offered in all Form D
- Apr 14, 2022Raised $4.7 million in a private offering of equity Form D: 1 investor so far Form D
- Nov 26, 2021Raised $1.8 million in a private offering of equity Form D: $3.5 million offered in all Form D
SEC filer profile
How Western Magnesium Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARWestern Magnesium Corp.1
- CIK0001801762
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsOctober 311
- Industry code (SIC)1000 Metal Mining1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address8180 Greensboro Drive, Suite 720, Mclean,, VA 220121
- Phone604-423-27091
- Shares outstanding450,265,776 as of Sep 6, 20226
- Public float$31.6M as of Apr 30, 20213
- On EDGAR sinceFeb 4, 20201
- Filings77 in all: D (17), 3 (13), 8-K (11), CORRESP (6), 10-12G/A (3), 10-Q (3), D/A (3), UPLOAD (3)1
All 22 form types
10-12G (2), NT 10-K (2), SC 13G/A (2), SEC STAFF LETTER (2), 10-K (1), 424B3 (1), DEF 14A (1), EFFECT (1), NT 10-Q (1), REVOKED (1), RW (1), S-1 (1), S-1/A (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Feb 15, 2022
Quarterly report (10-Q) Oct 31, 2022
Proxy statement (DEF 14A) Feb 6, 2023
Latest 8-K (8-K) Nov 15, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7SEC EDGARSam Ataya, Chief executive officer
- 8SEC EDGARPeter O'Rourke, President
- 9
- 10
- 11
- 12SEC EDGARAndrea Chan, Chief Controller
- 13
- 14SEC EDGARPaul Sauve, Chief Technology Officer
- 15
- 16
- 17SEC EDGARStephen Thorlakson, Board member
- 18
- 19
- 20
- 21SEC EDGAREntered a material agreement
- 22SEC EDGARChange of auditor
- 23SEC EDGARExecutive or director change
- 24SEC EDGARExecutive or director change
- 25SEC EDGARChange of auditor
- 26SEC EDGARExecutive or director change
- 27SEC EDGARRegulation FD disclosure
- 28SEC EDGARChange of auditor
- 29
- 30SEC EDGARExecutive or director change
- 31SEC EDGARExecutive or director change
- 32