Alliance Magnesium Overview

  • Founded
  • 2003
  • Status
  • Private
  • Employees
  • 14
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $108M
Latest Deal Amount
  • Investors
  • 7

Alliance Magnesium General Information


Developer of magnesium production technology intended to commercial production of magnesium through clean-tech operations. The company's technology focuses on the extraction of metal substances from serpentine rock tailing, enabling clients to generate metal products while aiming environmental remediation.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Metals, Minerals and Mining
Other Industries
Environmental Services (B2B)
Primary Office
  • 125, Pinacle Road
  • Danville, Quebec J0A 1A0
  • Canada
+1 (819) 000-0000

Alliance Magnesium Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth
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Alliance Magnesium Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 13-Mar-2020 $108M 00000 Completed Generating Revenue
2. Grant 21-Aug-2018 000.00 Completed Generating Revenue
1. Grant 02-Mar-2018 $37.2M Completed Generating Revenue
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Alliance Magnesium Executive Team (5)

Name Title Board Seat Contact Info
Michel Gagnon Chief Executive Officer & Chairman
Joel Fournier Ph.D Founder, President, Chief Scientific Officer & Board Member
Pierre Saint-Aubin Co-Founder & Strategic Advisor
Patsie Ducharme Chief Financial Officer
You’re viewing 4 of 5 executive team members. Get the full list »

Alliance Magnesium Board Members (8)

Name Representing Role Since
Claude Delage Self Board Member 000 0000
Denis Williams Alliance Magnesium Board Member 000 0000
Gervais Jacques Alliance Magnesium Board Member 000 0000
Martin Pelletier Ph.D Alliance Magnesium Board Member 000 0000
Michel Gagnon Alliance Magnesium Chief Executive Officer & Chairman 000 0000
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Alliance Magnesium Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Alliance Magnesium Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Fondaction Venture Capital Minority 000 0000 000000 0
Government of Quebec Government Minority 000 0000 000000 0
Marubeni Holding Company Minority 000 0000 000000 0
Canada Economic Development for Quebec Regions Government 000 0000 000000 0
Seneca Experts-Conseils Corporation 000 0000 000000 0
You’re viewing 5 of 7 investors. Get the full list »