COVER TECHNOLOGIES I

304A
Delayed Quote. Delayed  - 05/20 08:15:23 am
2.05EUR +7.33%
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 %
Tony Louie 238,095 5.72%
Frank Vlastelic 200,854 4.82%
Drew N. Brass 42,857 1.03%
Sector Nonferrous Metal Processing
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