Western Uranium & Vanadium Corp. Closes Non-Brokered Private Placement

Toronto, Ontario and Nucla, Colorado, Feb. 16, 2021 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“ Western ” or the ” Company ”) is pleased to announce the closing of a non-brokered private placement (the “ Private Placement ”) of 3,250,000 units (the ” Units ”) at a price of CAD$0.80 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$2,600,000.

Each Unit consists of one common share of Western (a " Share ") plus one common share purchase warrant of Western (a “ Warrant ”). Each Warrant shall entitle the holder to purchase one Share at a price of CAD$1.20 per Share for a period of three years following the closing date of the Private Placement. A total of 3,250,000 Shares and 3,250,000 Warrants are being issued in the Private Placement.

The Warrants contain a provision that if the Company’s Shares […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet