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Western Uranium Corporation Announces Private Placement of US $2.5 Million

Matthew Spizziri
Jun. 29, 2016 03:00PM PST
Company News

Western Uranium Corporation (CSNX:WUC) (OTCQX:WSTRF) announced a private placement that will consist of the sale of up to approximately 1,909,855 units at the price of Cdn$1.70 per unit for gross proceeds of up to US $2.5 million.

Western Uranium Corporation (CSNX:WUC) (OTCQX:WSTRF) announced a private placement that will consist of the sale of up to approximately 1,909,855 units at the price of Cdn$1.70 per unit for gross proceeds of up to US $2.5 million.
The Company intends to use the net proceeds from the Private Placement to pay the costs of the Company’s acquisition of Black Range Minerals Limited, to fund the development of the Company’s Ablation Technology, to fund mine production preparation and for working capital purposes.
Connect with Western Uranium Corporation (CSNX:WUC) (OTCQX:WSTRF) to receive an Investor Presentation.

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