Western Star Files Application With U.S. Defense Industrial Base Consortium as Tungsten Prices Rip and the West Scrambles for Non-China Supply
Western Star Resources (CSE: WSR) announced a $500,000 non-brokered private placement at $0.60 per share to fund exploration at its Rowland tungsten property in Nevada. The company also submitted an application to the U.S. Defense Industrial Base Consortium and entered a €200,000 investor relations agreement targeting European markets. These moves come as tungsten prices surge 350% year-to-date and ahead of a 2027 U.S.
Key figures
- Deal Value Usd
- 500000
- Offering Price
- 0.6
- Shares Offered
- 833333
- Ir fee eur
- 200000
- Apt price usd per mtu
- 3185
AI analysis
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