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EX-99.1 - PRESS RELEASE DATED SEPTEMBER 18, 2018 - Western Uranium & Vanadium Corp.f8k091818ex99-1_western.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the  

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 18, 2018

 

WESTERN URANIUM CORPORATION
(Exact Name of Registrant as Specified in its Charter)

 

Ontario, Canada   000-55626   98-1271843

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

330 Bay Street, Suite 1400, Toronto, Ontario, Canada   M5H 2S8
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (970) 864-2125

 

N/A
(Former Name or Former Address, if Changed Since Last Report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

þ  Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 8.01. Other Events.

 

Western Uranium Corporation (“Western” or the “Company”) issued a news release dated September 18, 2018 providing some market updates, including (1) the mutual agreement of Western and Battery Mineral Resources Nevada Inc. to discontinue efforts to form a joint venture for vanadium development at the Sage Mine Project; (2) the Company’s payment in full on August 31, 2018 of a $500,000 promissory note that was secured by the Colorado and Utah mineral properties acquired in the August 18, 2014 transaction between Pinon Ridge Mining LLC, a wholly owned subsidiary of Western, and Energy Fuels Holding Corporation; and (3) an update regarding the U.S. Department of Commerce’s Section 232 investigation of the national security impact caused by uranium imports.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.  

Description

     
99.1   Press Release dated September 18, 2018

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:  September 21, 2018 WESTERN URANIUM CORPORATION
   
  By:   /s/ Robert Klein
   

Robert Klein

Chief Financial Officer

 

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