Western Magnesium Corp. (MLYF)

[TradingCharts]

Page 8

Intellectual Property—Patents, Trademarks
We regularly seek to protect our intellectual property rights in connection with our production process and methods. We rely on non-disclosure/confidentiality agreements and segregate development and engineering duties among certain members of our development team
to protect our intellectual property rights. To the extent we describe or disclose our proprietary production techniques, we redact or request
redaction of such information prior to public disclosure. Despite these measures, we may be unable to detect the unauthorized use of, or
take appropriate steps to enforce our intellectual property rights. Effective trade secret protection may not be available in every country in
which we offer or intend to produce magnesium or offer our products for sale to the same extent as in the United States. Failure to
adequately protect our intellectual property could impair our ability to compete effectively. Further, enforcing our intellectual property
rights could result in the expenditure of significant financial and managerial resources and may not prove successful. Although we intend to
protect our rights vigorously, there can be no assurance that these measures will be successful. See Item 1A. “Risk Factors” with respect to
intellectual property.
We own the website domain www.westernmagnesium.com and www.westmagcorp.com and social media accounts across certain major
platforms.
We do not have any patents or trademarks nor have we filed any patent or trademark applications in the United States or Canada.

https://www.investorx.ca/doc/2202141802343652