Western Magnesium Corporation announced recent approval from the U.S. Federal Government for registration into the System for Award Management, and the designation of a Commercial and Government Entity Code. This approval and designation from the Department of Defense will allow the Company to compete for federal contracts and grant awards relating to future
initiatives that support the Department of Defense and other U.S. Government entities. The SAM system is the USG's portal for managing federal contracts and conducting acquisition and financial assistance across the enterprise. Western Magnesium's CAGE Code, 99LS9, is the five-character ID number the company will use to identify itself within the U.S. Federal Government database of registered contractors. The CAGE code was assigned by the Department of Defense's Defense Logistics Agency after a review of WMC's technical, corporate, and financial information. WMC's approval for registration into the SAM and its assignment of a CAGE Code further prepares the Company to be the Nation's leader in the reliable domestic supply of magnesium metal and alloys that are used in the production of military defense vehicles. The Company looks forward to working with the U.S. Federal Government in this capacity and will continue to update shareholders on future contract opportunities.