---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-067650"
form_type: "8-K"
ticker: "WSTRF"
cik: "0001621906"
company_name: "Western Uranium & Vanadium Corp."
filed_at: "2021-12-28T23:59:59+00:00"
generated_at: "2026-06-27T22:08:56.407244+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Western Uranium closes CAD$596,746 private placement, acquires 125,000 lbs uranium at discount

## Summary
- Closed 372,966 units at CAD$1.60/unit; each includes one share and a CAD$2.50 warrant (3-year term).
- Proceeds used to acquire 125,000 lbs U3O8 at US$32/lb; spot value ~US$43/lb, unrealized gain ~US$1.4M.
- Sunday Mine Complex development: ore encountered after 30 ft drift, up to 3% uranium, 600+ tons high-grade ore mined.
- Blue Teal Fed oil wells: production up 19% (oil) and 35% (gas) from Sep to Oct 2021; first royalty check due Jan 2022.

## SEC filing metadata
- accession: 0001213900-21-067650
- form_type: 8-K
- ticker: WSTRF
- cik: 0001621906
- company_name: Western Uranium & Vanadium Corp.
- filed_at: 2021-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621906/000121390021067650/0001213900-21-067650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621906/000121390021067650/ea153107-8k_western.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-067650
- JSON: https://secwatch.observer/filing/0001213900-21-067650.json
- Plain text: https://secwatch.observer/filing/0001213900-21-067650.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.