COVER TECHNOLOGIES I

304A
Delayed Quote. Delayed  - 11/26 09:54:48 am
0.264EUR +1.54%
Business Summary
Basic Materials
Mineral Resources
 Metals & Mining
  Specialty Mining & Metals
   Nonferrous Metal Processing
Cover Technologies Inc., formerly Mag One Products Inc., is a Canada-based processing and refining company. The Company is engaged in the development and commercialization of technologies for the processing and production of magnesium (Mg) metal and Mg-related compounds, as well as by-products. It is also focused on exploring the commercial viability of the Silicon (Si) and Nickel (Ni). The Company is focused on commercializing its three initial projects: Magboard Products Inc. (Magboard); High Purity Magnesium oxide (MgO) and Magnesium hydroxide (Mg(OH)2), and Magnesium metal. It is focused on using its technology to process the 22%-Mg serpentinite tailings in Quebec for a range of commercially viable uses and products. The Company is focused on offering ROK-ON Structural Insulated Sheathing, which can be used in new construction and retrofit insulation applications. The Company's subsidiaries include Mag One Operations Inc. and North American Magnesium Company LLC.
Managers
Name Title
Tony Louie Chairman, President, CEO & CFO
Drew N. Brass Independent Director
Frank Vlastelic Independent Director
Shareholders
Name Equities %
Nelson Mathew Skalbania 199,385 7.24%
Frank Vlastelic 156,750 5.70%
Gillian Louise Holcroft 144,000 5.23%
Sector Nonferrous Metal Processing
1st jan.Capi. (M$)
COVER TECHNOLOGIES INC.0.00%1
ZHEJIANG HUAYOU COBALT CO., LTD32.27%9 112
GEM CO., LTD.5.75%3 812
IMERYS-7.27%3 515
AURUBIS17.29%3 336
JINDUICHENG MOLYBDENUM CO., LTD.-21.35%3 091
BAOJI TITANIUM INDUSTRY CO., LTD.67.64%2 634
GUANGDONG JIA YUAN TECHNOLOGY SHARES CO.,LTD.9.09%2 282
GRAFTECH INTERNATIONAL LTD.-30.46%2 159
MITSUI MINING & SMELTING CO., LTD.1.27%1 618
YUNNAN LINCANG XINYUAN GERMANIUM INDUSTRY CO.,LTD78.50%1 501
NANJING YUNHAI SPECIAL METALS CO., LTD.27.68%1 150
SGL CARBON SE-17.93%566
TOHO TITANIUM CO., LTD.-23.45%499
NEO PERFORMANCE MATERIALS INC.-2.43%347