The Prospector News

Western Uranium & Vanadium Receives over $4.6M from Warrant Exercises

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Western Uranium & Vanadium Receives over $4.6M from Warrant Exercises

 

 

 

 

 

Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) is pleased to announce that it has received approximately CAD$4,630,800 in total proceeds from the exercise of common share purchase warrants between December 1, 2023 and February 16, 2024. During this two and a half month period, an aggregate of 3,859,000 Warrants were exercised. Thereafter, the Company has a total of 53,374,123 common shares outstanding.

 

The majority of Warrants were originally issued in a private placement which closed on February 16, 2021 in which Western distributed a total of 3,250,000 investor warrants exercisable for three years at CAD$1.20 per share. An exercise participation rate above 99% was attained prior to the expiration of the Placement warrants on February 16, 2024.

 

Western anticipates that most of the proceeds received from the exercise of Warrants will be strategically deployed to accelerate the ramp-up of Western’s mining and milling projects into an increasingly favorable uranium mining environment.

 

About Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. is ramping-up high-grade uranium and vanadium production at its Sunday Mine Complex. In addition to the flagship property located in the prolific Uravan Mineral Belt, the production pipeline also includes conventional projects in Colorado and Utah. The Maverick Minerals Processing Plant is being licensed in Utah and will include the kinetic separation process.

 

Posted February 20, 2024

Share this news article

MORE or "UNCATEGORIZED"


Outcrop Silver Announces Closing of $23 Million Public Offering, Including Full Exercise of the Over-Allotment Option, Led by Investment from Jupiter Asset Management and Eric Sprott

Outcrop Silver & Gold Corporation (TSX-V:OCG) (OTCQX:OCGSF) (DE:MRG) is pleased to announce that... READ MORE

October 3, 2025

F3 Announces Closing of C$20 Million Bought Deal LIFE Private Placement

 F3 Uranium Corp. (TSX-V: FUU) (OTCQB: FUUFF) (FSE: GL7) is pleased to announce the closing of its ... READ MORE

October 3, 2025

Silver Dollar Announces Closing of $5.9 Million Brokered Financing, with Participation by Eric Sprott

Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) is pleased to announce the closin... READ MORE

October 3, 2025

Q-Gold Closes $11,500,000 Fully Allocated Private Placement Financing, Including Agent’s 15% Over-Allotment Option

Q-Gold Resources Ltd. (TSX-V: QGR) is pleased to announce that it has closed its previously announce... READ MORE

October 3, 2025

Auranova Announces Closing of Private Placement of Charity Flow-Through Shares

Auranova Resources Inc. is pleased to announce that it has closed a non-brokered private placement t... READ MORE

October 3, 2025

Copyright 2025 The Prospector News