Western Magnesium Corporation (TSXV:WMG) (Frankfurt-M1V) (OTCQB:MLYF) ("Western Magnesium" or the "Company") welcomes Kim Evans as Chief Financial Officer.
Ms. Evans brings over 20 years of experience as a
corporate finance executive, with several public companies. Her
experience has allowed her to optimize full cycle accounting in prudent,
progressive, and purposeful ways producing high-level results. Her
expertise extends to working with corporations on financial systems,
strategic plans, budgets, capital decisions and corporate acquisitions.
She is well versed in structuring and negotiating transactions and has
experience in creating strategic alliances with corporate leaders to
align and support key business initiatives. Ms. Evans has experience
with IPO's, US GAAP, in-depth knowledge of regulatory requirements, and
creation of tight internal processes and controls, resulting in improved
financial performance and heightened productivity.
Mr. Sam Ataya, CEO, says, "At this time, I feel Ms.
Evans' experience, both in Canada and the United States, makes her ideal
to address the tasks required as our company continues its evolution to
becoming a magnesium metal producer. She has an excellent track
record as a team player with thoughtful and insightful contributions and
adds to the depth of experience of our management team."
The Company would also like to announce that Ms.
Khersonski has departed. We thank her for her time at Western Magnesium
and wish her the best in her future endeavours.
About Western Magnesium
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 qualities.
Unlike outdated and costly production processes, Western Magnesium
looks to use a continuous silicothermic process to produce magnesium,
which significantly reduces manufacturing and energy costs relative to
current methods and processes, while being environmentally friendly.
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