Latest updates on financing, exploration, and corporate news from Western Star Resources.
Western Star Resources announced a non-brokered private placement of up to 7.5 million units at $0.20, raising $1.5 million to fund exploration, Nevada expansion, working capital, and market awareness.
Western Star Resources (CSE: WSR; OTCQB: WSRIF) reports strong historical tungsten data from its preliminary due diligence on The Real American Corp’s Nevada assets, expecting completion within 20 days toward a definitive acquisition agreement.
Western Star Resources granted 400,000 stock options to directors, officers, employees, and consultants at $0.20 per share, exercisable for three years under its stock option plan.
Western Star Resources (CSE: WSR; OTCQB: WSRIF) has signed a Letter of Intent to acquire The Real American Corp, gaining past-producing, high-grade tungsten projects in Nevada. This acquisition strengthens Western Star’s U.S. expansion strategy and positions the Company as a key player in rebuilding America’s critical mineral supply chain.
Western Star Resources (CSE: WSR) applied for OTCBB quotation to expand U.S. investor access. CEO Blake Morgan cites strong American demand, aiming to boost liquidity, visibility, and shareholder value through broader market engagement.
Western Star Resources closed the final tranche of its private placement, raising a total of $555,000 through 3.7M units at $0.15 with $0.30 warrants. The Company also granted 1M incentive stock options at $0.18 for three years.
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