American Magna Corp. (AMGC): Advancing the metal of the 21st Century.
In the 19th century, a technological innovation called the “Bessemer Process” revolutionized the steel industry and changed the world’s industrial landscape forever. Today, we are seeing similar technological revolutions in the magnesium industry. From General Motors’ recently patented thermal-forming procedure to the creation of “stainless magnesium”, rapid advances are paving the way for magnesium to replace aluminum as manufacturer’s metal of choice.
Magnesium is the Metal of the 21st Century
American Magna Corp. strongly believes magnesium is the metal of 21st century.
It has best strength-to-weight ratio of any of the commonly used structural metals. It’s 33% lighter than aluminum, 60% lighter than titanium, and 75% lighter than steel. It also possesses strong heat dissipation, damping and electro-magnetic shielding characteristics.
These key traits, along with recent technological breakthroughs in the manufacturing process, have positioned magnesium for mass adoption across a vast number of industries including the automotive, aerospace, housing, agricultural, pharmaceutical, and manufacturing.
On the Cusp of a Major Industrial Revolution
American Magna Corp. (ticker: AMGC) is positioning itself, along with its shareholders, to prosper from the rapid growth in magnesium usage.
Our corporate goal is to establish a strong foothold in the industry while it’s transformation is still in the early stages. We are currently pursuing three strategies to accomplish this:
- Lock-up a portfolio of magnesium-rich properties that we can leverage as the demand for magnesium rises.
- Advance magnesium technologies and awareness.
- Forge relationships in key industries.
To help maximize shareholder value, American Magna Corp. has assembled a highly skilled and experienced management team with over 60 years experience in business and the mineral industry.
American Magna Corp. (AMGC) has assembled a highly skilled and experienced management team with over 60 years of experience in business and mineral markets.
Carl Nesbitt – President & CEO
Mr. Nesbitt as a track record of strong leadership both in the mining industry and the academic arena. He has served as the Goldcorp Chair of Mineral Engineering at the University of Nevada, Reno since 2010. From 2009-2010 he served as Newmont Associate Professor at the University of Nevada, Reno. Mr. Nesbitt has served as a research consultant for several mining companies such as Goldcorp Inc., Cynaco LLC, Goldcorp Marigold Operation, and Newmont Mining – Carlin Operation. In 1990, Mr. Nesbitt received his Ph.D. in Metallurgical Engineering from the University of Nevada, Reno. In 1989, he received his M.S.E. in Chemical Engineering from the University of Michigan, Ann Arbor. In 1985, he received his M.S. in Metallurgical Engineering from the University of Nevada, Reno. In 1980, Mr. Nesbitt received his B.S. in Chemical Engineering from the University of Nevada, Reno.
Herb Duerr – Director
Mr. Duerr has over 25 years of experience in mineral exploration geology within the United States, Latin America and Europe. He has been involved in the exploration and drilling of mines, acquisition of metal resources, and worked with major mining companies on the examination of over a thousand mineral properties. Mr. Duerr has a Bachelor of Science Degree from Florida Atlantic University in geology. Mr. Duerr was appointed as a director of the Company as a result of his industry experience.
Douglas McGibbon – Director
Mr. McGibbon has extensive industry experience in the exploration of mining minerals since 1979. From May 2009 until the present, he has been the Principal for McGibbon Consulting LLC. From September 2006 to July 2013, he served as Vice President of Exploration for Sniper Resources Ltd. From March 1999 to August 2006, he was the Chief Geologist for Glamis Marigold Mining Company. Mr. McGibbon is a Certified Professional Geologist with the American Institute of Professional Geologists. Mr. McGibbon received his M.S. in Geology at the University of Texas at Arlington in May 1979. He received his B.A. in Geology at the University of California at Santa Barbara in December 1976.