Western Uranium & Vanadium closes CAD$5.9M brokered LIFE financing

Western Uranium & Vanadium Corp.

Gross proceeds of ~CAD$5.9M from 6,555,556 units at CAD$0.90 per unit.
Each unit consists of one common share and one warrant (CAD$1.20 exercise, 4.5-year term).
Underwriter A.G.P. received 7% cash commission (~CAD$413,000) and 229,444 broker warrants with same terms.
Net proceeds for Mustang plant permitting, San Rafael drilling, Topaz mine permitting, mine development, and working capital.
Offering completed under Canadian LIFE exemption; no statutory hold period on shares/warrants.

item 3.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Western Uranium & Vanadium Corp. issued 6,555,556 units of unit for CAD$0.90 per unit.

Security: unit
Shares: 6,555,556 units
Consideration: CAD$0.90 per unit

Exact text from the filing

On October 14, 2025, Western Uranium & Vanadium Corp. (“Western” or the “Company”) completed a private placement (the “Offering”) of 6,555,556 units (“Units”) at a price of CAD$0.90 per unit for gross proceeds of approximately CAD$5,900,000.

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Western Uranium & Vanadium Corp. issued 229,444 broker warrants of warrant to A.G.P. Canada Investments ULC (the Underwriter).

Security: warrant
Shares: 229,444 broker warrants
Purchaser: A.G.P. Canada Investments ULC (the Underwriter)

Exact text from the filing

The Company has paid the Underwriter a cash commission of 7% on the aggregate proceeds from Units (being equal to approximately CAD$413,000) and issued 229,444 broker warrants having the same terms and conditions as the Warrants

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Western Uranium & Vanadium Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-102275

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