Mag One Products Inc. a B.C. registered Canadian company which was co-founded in 2015 by Mr. Nelson Skalbania and Dr. James Blencoe.
In May 2015, Mag One Products Inc. became a publicly-traded company on the Canadian Stock Exchange. The company’s trading symbol on the CSE is “MDD”. The Company also trades on the Frankfurt Boerse with the symbol “304, Equity” and in the USA on the OTCQB with the ticker “MGPRF”.
Mag One Products Inc. owns 100% of its operating subsidiary, Mag One Operations Inc., a private company, incorporated in BC and QC with its head office in Montreal, Quebec
In April 2015 Mag One Operations acquired 100% of MagOne Operations Inc. (USA), a US private company which owns North American Magnesium Products LLC. (NAMP), a Tennessee LLC created by Dr. James Blencoe, to house the proprietary technologies, patents, etc.
In March 2015, (and amended in July 2016) Mag One Operations signed an agreement with Mine Jeffrey Inc. to acquire the rights to exploit 50 million tonnes of already-mined serpentinite-rich tailings containing ~22% Mg, as well as certain buildings and land for the setup of the production facility.
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