Western Uranium & Vanadium Corp. has increased its offering to Cdn$5,900,000 due to strong investor demand. The offering consists of 6,555,556 units at a price of $0.90 per unit, each unit includes one common share and one common share purchase warrant. A.G.P. Canada Investments ULC is the sole underwriter and bookrunner for the Company. The net proceeds will be used for various purposes, including permitting of the Mustang Mineral Processing Plant and mine development. The offering will also be available in the United States on a private placement basis. The securities have not been registered under the U.S. Securities Act.
Read more at GlobeNewswire: Western Uranium & Vanadium Announces Upsize of Brokered
