Western Uranium & Vanadium announces C$5M bought deal private placement

Published 1 month ago Neutral
Western Uranium & Vanadium announces C$5M bought deal private placement
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* Western Uranium & Vanadium (OTCQX:WSTRF [https://seekingalpha.com/symbol/WSTRF]) has entered into an agreement with A.G.P. Canada Investments ULC as sole underwriter and bookrunner for a bought deal private placement.
* The financing includes 5.56M units priced at C$0.90 per unit, for gross proceeds of ~C$5M.
* Each unit consists of one common share and one warrant.
* Each warrant is exercisable at C$1.20 per share for a period of 4.5 years from issuance.
* Source: Press release [https://seekingalpha.com/pr/20259943-western-uranium-and-vanadium-announces-brokered-life-financing-of-5-million]

MORE ON WESTERN URANIUM & VANADIUM CORP.

* Financial information for Western Uranium & Vanadium Corp. [https://seekingalpha.com/symbol/WSTRF/income-statement]