Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  CANADIAN NATIONAL STOCK EXCHANGE  >  Western Uranium Corp       CA95984W1095

WESTERN URANIUM CORP
My previous session
Most popular
  Report  
SummaryChartsNewsCalendarCompany 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

WESTERN URANIUM CORP : Unregistered Sale of Equity Securities, Financial Statements and Exhibits (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/10/2018 | 12:19pm CEST

Item 3.02. Unregistered Sales of Equity Securities.

On July 27, 2017, Western Uranium Corporation (the "Company") completed the closing of a non-brokered private placement of 2,525,526 units at a price of CAD$0.68 per unit for gross proceeds of CAD$1,717,358. On August 7, 2017, the Company completed a further closing of 1,907,088 units at the same price for gross proceeds of CAD$1,296,820. As a result of these private placements, the Company raised a total of CAD$3,014,178.

Each unit sold consists of one common share of the Company plus one-half common share purchase warrant of the Company. Each whole warrant entitles the holder to purchase one common share of the Company at a price of CAD$1.15 for a period of two years.

The warrants contain a provision that if the Company's shares trade at or above CAD$2.50 per share for five consecutive trading days, the Company may, at any time after the expiry of the applicable statutory hold period, accelerate the expiration of the warrants upon not less than 30 days' written notice by the Company.

A total of 43 investors participated in these placements. Only accredited investors (as defined in Rule 501(a) of Regulation D) participated in the placements. Offers and sales were made in private transactions without any general solicitation or advertising. The Company relied on Rule 506(b) of Regulation D for offers and sales of the units to both U.S. and non-U.S. subscribers. Each subscriber confirmed that they were purchasing for their own account for investment and not with a view to distribute the securities purchased.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.


On July 30, 2018, the Company issued a press release to announce the closing of its private placement on July 27, 2017. A copy of the press release is included as Exhibit 99.1.

On August 9, 2018, the Company issued a press release to announce the closing of its private placement on August 7, 2018. A copy of the press release is included as Exhibit 99.2.



Exhibit No.   Description

99.1            Press Release dated July 30, 2018

99.2            Press Release dated August 9, 2018




  1

© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WESTERN URANIUM CORP
10/18WESTERN URANIUM & VANADIUM : to Attend the Silver & Gold Summit 2018
AQ
10/08WESTERN URANIUM : Announces Completion of Name Change to Western Uranium and Van..
AQ
10/05WESTERN URANIUM : Announces Completion of Name Change to Western Uranium & Vanad..
AQ
10/05WESTERN URANIUM & VANADIUM CORP. : Other Events, Financial Statements and Exhibi..
AQ
10/04WESTERN URANIUM : Streetwise Reports Examines Western Uranium and Vanadium`s Ver..
AQ
10/04WESTERN URANIUM CORP : oration Announces Completion of Name Change to Western Ur..
AQ
10/01WESTERN URANIUM : Provides Company Updates
AQ
09/28WESTERN URANIUM CORP : Unregistered Sale of Equity Securities, Change in Directo..
AQ
09/28WESTERN URANIUM : Provides Company Updates
AQ
09/27WESTERN URANIUM : Provides Company Updates
AQ
More news
News from SeekingAlpha
10/04Western Uranium changes name to Western Uranium & Vanadium Corp. 
06/28Western Uranium (WSTRF) Presents At John Tumazos Very Independent Research Me.. 
06/25URANIUM MINING : The Competitive Landscape 
2017URANIUM : The Ultimate Contrarian Investment 
Chart WESTERN URANIUM CORP
Duration : Period :
Western Uranium Corp Technical Analysis Chart | MarketScreener
Full-screen chart
Managers
NameTitle
George E. L. Glasier President, Chief Executive Officer & Director
Bryan Murphy Chairman
Michael Rutter Vice President-Operations
Robert Klein Chief Financial Officer
Andrew Wilder Director
Sector and Competitors
1st jan.Capitalization (M$)
WESTERN URANIUM CORP205.00%0
WHEATON PRECIOUS METALS CORP-17.92%7 759
KOREA ZINC CO LTD--.--%6 523
IMPALA PLATINUM HOLDINGS LIMITED-26.55%1 536
HECLA MINING COMPANY-26.20%1 379
TAHOE RESOURCES INC-40.63%872