Western Uranium (CSE:WUC) announces that it has closed a third and final tranche of its previously announced non-brokered private placement. As quoted in the press release: At this closing, the Company raised gross proceeds of Cdn$34,000 through the issuance of 20,000 units at a price of Cdn$1.70 per unit. The total raised under the three …

Western Uranium (CSE:WUC) announces that it has closed a third and final tranche of its previously announced non-brokered private placement.
As quoted in the press release:

At this closing, the Company raised gross proceeds of Cdn$34,000 through the issuance of 20,000 units at a price of Cdn$1.70 per unit. The total raised under the three tranches of this non-brokered private placement (the “Offering”) of 465,347 units at a price of Cdn$1.70 per unit (the “Units”) is therefore Cdn$791,090, subject to regulatory compliance.
Each Unit consists of one common share of the Company (a “Share”) plus one (1) common share purchase warrant of the Company (each whole such warrant, a “Warrant”). Each Warrant entitles the holder to purchase one Share at a price of Cdn$2.60 for a period of 5 years.
All the securities issued under the Offering were issued in a private placement in Canada under an exemption from the prospectus requirement. No commission was paid in connection with any of the three tranches of private placement.