WESTERN MAGNESIUM CORPORATION Form D Notices of Exempt Offering of Securities
Notices filed with the SEC for securities sold without registration under Regulation D or Section 4(a)(5), newest first. Values are as filed.
- 2023-03-09: Federal exemption Rule 506(b); Types of securities offered Equity; OptionToAcquire; SecurityToBeAcquired; 22,222,222 Units at $0.07 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.19 for 12 months.; Date of first sale 2023-03-03; Total offering amount $5,777,777.
- 2023-02-09: Federal exemption Rule 506(b); Types of securities offered Equity; OptionToAcquire; SecurityToBeAcquired; 11,111,111 Units at $0.09 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.18 for 24 months.; Date of first sale 2023-01-30; Total offering amount $3,000,000.
- 2023-02-09: Federal exemption Rule 506(b); Types of securities offered Equity; OptionToAcquire; SecurityToBeAcquired; 11,111,111 Units at $0.09 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.18 for 24 months.; Date of first sale 2022-12-30; Total offering amount $3,000,000.
- 2022-12-02: Federal exemption Rule 506(b); Types of securities offered Equity; OptionToAcquire; SecurityToBeAcquired; 11,111,111 Units at $0.09 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.18 for 24 months.; Date of first sale 2022-11-23; Total offering amount $3,000,000.
| Filed | Federal exemption | Types of securities offered | Date of first sale | Total offering amount | Total amount sold | Total remaining to be sold | Investors who have already invested |
|---|---|---|---|---|---|---|---|
| 2023-03-09 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; 22,222,222 Units at $0.07 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.19 for 12 months. | 2023-03-03 | $5,777,777 | $320,884 | $5,456,893 | 10 |
| 2023-02-09 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; 11,111,111 Units at $0.09 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.18 for 24 months. | 2023-01-30 | $3,000,000 | $49,414 | $2,950,586 | 2 |
| 2023-02-09 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; 11,111,111 Units at $0.09 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.18 for 24 months. | 2022-12-30 | $3,000,000 | $73,695 | $2,926,305 | 1 |
| 2022-12-02 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; 11,111,111 Units at $0.09 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.18 for 24 months. | 2022-11-23 | $3,000,000 | $188,530 | $2,811,470 | 7 |
| 2022-05-25 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; 12,000,000 Units at $0.25 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.45 for 12 months. | 2022-05-09 | $8,400,000 | $431,750 | $7,968,250 | 10 |
| 2022-04-29 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; $2,000,000 principal amount convertible debenture plus, upon conversion, warrants to purchase 6,666,667 shares of common stock at $0.40 per share for an aggregate offering of $4,666,667. Warrants expire on April 14, 2027. | 2022-04-14 | $4,666,667 | $4,666,667 | $0 | 1 |
| 2021-12-13 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; 2,727,273 Units at $0.55 per Unit, comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.75 for 12 months. | 2021-11-26 | $3,545,455 | $1,788,149 | $1,757,306 | 21 |
| 2021-09-01 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD $0.65 (USD $0.52) for 18 months. | 2021-08-11 | $3,674,497 | $3,674,497 | $0 | 57 |
| 2021-08-03 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.30 for 12 months. | 2021-07-16 | $1,726,950 | $1,726,950 | $0 | 26 |
| 2021-06-23 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months. | 2021-05-28 | $6,092,308 | $6,092,308 | $0 | 141 |
| 2021-06-17 | Rule 506(b) | Debt; OptionToAcquire | 2021-06-10 | $1,500,000 | $1,500,000 | $0 | 1 |
| 2021-05-26 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months. | 2021-04-27 | $14,215,384 | $91,799 | $14,123,585 | 16 |
| 2021-04-02 D/A | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months. | 2021-01-15 | $13,713,969 | $760,856 | $12,953,113 | 35 |
| 2021-04-02 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months | 2021-03-24 | $13,713,969 | $675,079 | $13,038,890 | 25 |
| 2021-04-02 D/A | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months. | 2021-01-15 | $13,713,969 | $760,856 | $12,953,113 | 35 |
| 2021-02-16 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months. | 2021-01-29 | $13,515,384 | $548,994 | $12,966,390 | 47 |
| 2021-01-25 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at CAD 0.19 for 12 months. | 2021-01-15 | $13,515,384 | $728,960 | $12,786,424 | 35 |
| 2021-01-25 D/A | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.19 for 12 months | 2020-11-20 | $13,407,692 | $542,752 | $12,864,940 | 16 |
| 2020-12-04 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant exercisable into a common share at $0.19 for 12 months | 2020-11-20 | $13,407,692 | $542,752 | $12,864,940 | 16 |
| 2020-02-04 | Rule 506(b) | Equity; OptionToAcquire; SecurityToBeAcquired; Units comprised of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at C$0.21 for 12 months. | 2020-01-17 | $940,137 | $390,731 | $549,406 | 22 |