---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-102275"
form_type: "8-K"
ticker: "WSTRF"
cik: "0001621906"
company_name: "Western Uranium & Vanadium Corp."
filed_at: "2025-10-24T23:59:59+00:00"
generated_at: "2026-05-17T02:20:37.887937+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-102275
- form_type: 8-K
- ticker: WSTRF
- cik: 0001621906
- company_name: Western Uranium & Vanadium Corp.
- filed_at: 2025-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621906/000121390025102275/0001213900-25-102275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621906/000121390025102275/ea0262517-8k_western.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-102275
- JSON: https://secwatch.observer/filing/0001213900-25-102275.json
- Plain text: https://secwatch.observer/filing/0001213900-25-102275.txt

## Key facts
- Equity Issuances
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621906/000121390025102275/0001213900-25-102275-index.htm
- Equity Issuances
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621906/000121390025102275/0001213900-25-102275-index.htm

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