Private company

Western Magnesium Corp.

Western Magnesium Corp. is an American metal mining company that raised $7.5 million in 2023 (SEC Form D).1 It is headquartered in Mclean, Virginia.1

Last updated Oct 21, 2026.

Overview

  • IndustryMetal Mining1
  • HeadquartersMclean, Virginia1
  • Incorporated inDE2
  • Business address8180 Greensboro Drive, Suite 720, Mclean,, Va 220122
  • Filer category, Emerging growth company2
  • Legal formCorporation

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income3-$23.5M in 2021+404% since 2020
-$30.0M-$20.0M-$10.0M02020: -$4.7M-$4.7M20202021: -$23.5M-$23.5M2021+404%
Fiscal year2019202020212022
Operating expenses$17.7M3
Net income-$4.7M3-$23.5M3

Compare Western Magnesium Corp. with another company

Corporate structure

Western Magnesium Corp. is part of a group headed by PHIBRO ANIMAL HEALTH CORP. 46 entities, 22 countries 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)
  • PHIBRO ANIMAL HEALTH CORP Teaneck, New Jersey
    • Western Magnesium Corp. Mclean, Virginia
    • 8861 Dice Road LLC Subsidiary · California, United States
    • Abic Biological Laboratories Ltd. Subsidiary · Israel
    • Abic Veterinary Products Ltd. Subsidiary · Israel
    • C P Chemicals, Inc. Subsidiary · New Jersey, United States
    • California Water Technologies LLC Subsidiary · Michigan, United States
    • Consorcio PAHC Subsidiary · Brazil
    • Ferro Metal and Chemical Corporation Ltd. Subsidiary · United Kingdom
    • First Dice Road Company, A California Limited Partnership Subsidiary · California, United States
    • Hannibal Bio-Tech, LLC Subsidiary · Delaware, United States
    • Marion Bio-Tech, LLC Subsidiary · Delaware, United States
    • North Field Extension, LLC Subsidiary · New Jersey, United States
    • OmniGen Research, LLC Subsidiary · Oregon, United States
    • PB Animal Health de Mexico S. de R.L. de C.V. Subsidiary · Mexico
    • PBAH Peruana S.A.C. Subsidiary · Peru
    • pHi-Tech Animal Health Technologies Ltd. Subsidiary · Israel
    • Phibro Animal Health (Egypt) LLC Subsidiary · Egypt
    • Phibro Animal Health (Philippines), Inc. Subsidiary · Philippines
    • Phibro Animal Health (Poland) sp. z.o.o. Subsidiary · Poland
    • Phibro Animal Health (Proprietary) Limited Subsidiary · South Africa
    • Phibro Animal Health (Shanghai) Co., Ltd. Subsidiary · China
    • Phibro Animal Health (Thailand) Limited Subsidiary · Thailand
    • Phibro Animal Health Colombia S.A.S. Subsidiary · Colombia
    • Phibro Animal Health de Argentina SRL Subsidiary · Argentina
    • Phibro Animal Health de Republica Dominicana, SRL Subsidiary · Dominican Republic
    • and 20 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; 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

ItemLatestA year beforeChange
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

ItemLatestA year beforeChange
Cash and cash equivalents$462.4K3 Oct 31, 2021$39.6K3 Oct 31, 2020+1068.4%
Marketable securities, current$03 Oct 31, 2021$03 Oct 31, 2020

Leadership

Who has led Western Magnesium Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Sam Ataya2021

Chief operating officer

  1. Lisa Diane Maxwell2021
2025
Board members and other officers (9)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorEdward Lee named Dec 13, 2021 to Mar 9, 202318
  • Executive OfficerKim Evans named Dec 13, 202119
  • DirectorJeff Wilson named Dec 13, 2021 to Mar 9, 202318
  • DirectorJeff Ramsey Wilson named Apr 29, 2022 to May 25, 202220

Former names

  • Western Magnesium CorpFeb 4, 2020 to Feb 4, 20202

Timeline

  1. Nov 15, 20228-K Entered a material agreement21
  2. Oct 31, 20228-K Change of auditor22
  3. Sep 13, 20228-K Executive or director change23
  4. Sep 6, 20228-K Executive or director change24
  5. Sep 2, 20228-K Change of auditor25
  6. Aug 12, 20228-K Executive or director change26
  7. Jun 7, 20228-K Regulation FD disclosure27
  8. May 25, 20228-K Change of auditor28
  9. Apr 20, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares29
  10. Mar 17, 20228-K Executive or director change30
  11. Mar 8, 20228-K Executive or director change31
  12. 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:

  1. Jun 11, 2025REVOKED EDGAR
  2. Mar 9, 2023D EDGAR
  3. Feb 9, 2023D EDGAR
  4. Feb 9, 2023D EDGAR
  5. Feb 6, 2023DEF 14A EDGAR
  6. Feb 6, 2023SC 13G/A AMENDMENT NO. 2 TO SCHEDULE 13G EDGAR
  7. Jan 30, 2023NT 10-K EDGAR
  8. Dec 2, 2022D EDGAR
  9. Nov 15, 20228-K EDGAR
  10. Oct 31, 202210-Q EDGAR
  11. Oct 31, 20228-K EDGAR
  12. Sep 15, 2022NT 10-Q EDGAR
  13. Sep 13, 20228-K EDGAR
  14. Sep 6, 20228-K EDGAR
  15. Sep 2, 20228-K EDGAR
  16. Aug 12, 20228-K EDGAR
  17. Jul 13, 2022424B3 EDGAR
  18. Jul 12, 2022EFFECT EDGAR
  19. Jul 7, 2022CORRESP EDGAR
  20. 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.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$7.5M 2021–2023
Money received by yearMoney received by year, 2021–2023: $7.5M in all. Private raises (Form D) $7.5M.$0$2M$4M$6M2021 · Private raises (Form D): $1.8M20212022 · Private raises (Form D): $5.4M20222023 · Private raises (Form D): $370.3K2023
Figures by year
YearPrivate raises (Form D)Total
2023$370.3K$370.3K
2022$5.4M$5.4M
2021$1.8M$1.8M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Mar 3, 2023Raised $320,884 in a private offering of equity18 Form D: $5.8 million offered in all Form D
  2. Jan 30, 2023Raised $49,414 in a private offering of equity33 Form D: $3 million offered in all Form D
  3. Dec 30, 2022Raised $73,695 in a private offering of equity34 Form D: $3 million offered in all Form D
  4. Nov 23, 2022Raised $188,530 in a private offering of equity35 Form D: $3 million offered in all Form D
  5. May 9, 2022Raised $431,750 in a private offering of equity20 Form D: $8.4 million offered in all Form D
  6. Apr 14, 2022Raised $4.7 million in a private offering of equity36 Form D: 1 investor so far Form D
  7. Nov 26, 2021Raised $1.8 million in a private offering of equity19 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

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