Brossard, Quebec, Canada, September 30th, 2016 – ALLIANCE MAGNESIUM INC. (AMI) is pleased to announce the hiring of two experienced professionals for its technical team. Mr Bernard Mathieu, Engineer and Mr. Daniel Laroche, Technical Specialist, are assigned to the Research and Development operations for its technology and processes at the Danville plant in the Eastern Townships in Quebec. Read more!
ALLIANCE MAGNESIUM TO CLOSES A $5,700,000 PRIVATE PLACEMENT
Brossard – June 22 2016. ALLIANCE MAGNESIUM INC. (AMI) is pleased to announce an agreement dated June 17, 2106 with Alternative Capital Group Inc. (ACG) for the subscription by way of a private placement of 38 million units of AMI at a price of $0.15 per unit, for a total amount of $5.7 million. Each unit consists of one Class “A” share and one warrant. Each warrant entitles to subscribe to one Class ”A” share of AMI at a price of $0.25 for a four year period from the closing date. This agreement adds to AMI’s funding of over $6 million that was already signed with its public and institutional partners. Read more!
BROSSARD, March 4, 2016 – Alexandra Mendès, Member of Parliament for Brossard – Saint-Lambert, highlighted a $3,000,000 investment in local clean technology for Alliance Magnesium Ltd. located in Brossard.
Mrs. Mendès welcomed this news following a national announcement made in Edmonton by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, of investments totalling over $206 million to support 36 cleantech projects in five provinces across Canada. Read more!
ALLIANCE MAGNESIUM RECEIVES A FIRST INSTALLMENT OF $ 1.27 MILLION FROM SUSTAINABLE DEVELOPMENT TECHNOLOGY CANADA (SDTC) FOR ITS DEMONSTRATION PLANT
Brossard, Quebec, Canada – March 4, 2016 – Alliance Magnesium Inc. (“AMI”) is pleased to announce the signing of the final contract for a $ 3 million non-repayable grant. This investment is directly injected into the deployment of AMI’s novel environmentally friendly technology for the production of magnesium metal being deployed in the region of Asbestos / Danville in the Eastern Townships of Quebec. Concurrently with the signing of the agreement with Sustainable Development Technology Canada (SDTC), the Corporation has received the first installment of $1.27M. Read more!
Brossard, Québec, Canada, January 27, 2016 – ALLIANCE MAGNESIUM INC. (« AMI ») is proud to announce that the Company has received from Canadian Intellectual Property Office a Notice of Allowance for its Canadian patent application # CA 2889797 on Hydrogen Gas Diffusion Anode Arrangement producing HCL. The Patent application relates to an hydrogen gas diffusion anode arrangement for use in electrolytic production of metals such as magnesium producing hydrogen chloride (HCl) as a by-product.