What changed in this filing

/stocks — the workspaceLOADING

Item 2. Unregistered Sales of Equity Securities

2022-08-22 compared with 2022-05-20 · 37 added, 29 removed, 3 unchanged (96% of the section changed)

Unregistered Sales of Equity Securities and Use of Proceeds

On January 20, 2022, we completed a non-brokered private placement

of 2,495,575 units at a price of CAD $1.60 per unit for aggregate gross proceeds of CAD $3,992,920.

Each unit consisted of one common

share plus one common share purchase warrant.

Each warrant entitled the holder to purchase one common share at a price of CAD $2.50 per

share for a period of three years.

A total of 2,495,575 shares and 2,495,575 warrants were issued in the placement.

Only accredited investors,

as defined in Rule 501(a) of Regulation D, participated in the placement.

We relied on Rule 506(b) of Regulation D for offers and sales

of the units to both U.S.

January 20, 2022, we completed a non-brokered private placement of 2,495,575 units at a price of CAD $1.60 per unit for aggregate gross

proceeds of CAD $3,992,920.

Each unit consisted of one common share plus one common share purchase warrant.

Each warrant entitled the

holder to purchase one common share at a price of CAD $2.50 per share for a period of three years.

A total of 2,495,575 shares and 2,495,575

warrants were issued to investors and 98,985 Warrants were issued to broker dealers in connection with the private placement.

Only accredited

investors, as defined in Rule 501(a) of Regulation D, participated in the placement.

We relied on Rule 506(b) of Regulation D for offers

and sales of the units to both U.S.

Defaults Upon Senior Securities

Mine Safety Disclosures

For Western, safety is a core value, and we strive

for superior performance.

Our health and safety management system, which includes detailed standards and procedures for safe production,

addresses topics such as employee training, risk management, workplace inspection, emergency response, accident investigation, and program

In addition to strong leadership and involvement from all levels of the organization, these programs and procedures form the

cornerstone of safety at Western, ensuring that employees are provided a safe and healthy environment and are intended to reduce workplace

accidents, incidents and losses, comply with all mining-related regulations, and provide support for both regulators and the industry

to improve mine safety.

Pursuant to Section 1503(a) of the Dodd-Frank Wall Street Reform and

Consumer Protection Act of 2010 (the “Dodd-Frank Act”), issuers that are operators, or that have a subsidiary that is an operator,

of a coal or other mine in the United States, and that is subject to regulation by the Federal Mine Safety and Health Administration under

the Mine Safety and Health Act of 1977 (“Mine Safety Act”), are required to disclose in their periodic reports filed with

the SEC information regarding specified health and safety violations, orders and citations, related assessments and legal actions, and

mining-related fatalities.

Western went into active mining operations at the Sunday Mine Complex during 2021.

During the quarter ended

March 31, 2022, Mine Safety and Health Administration (MSHA) mine inspections have not yielded any disclosures required by Section 1503(a)

of the Dodd-Frank Act.

Western, safety is a core value, and we strive for superior performance.

Our health and safety management system, which includes detailed

standards and procedures for safe production, addresses topics such as employee training, risk management, workplace inspection, emergency

response, accident investigation, and program auditing.

In addition to strong leadership and involvement from all levels of the organization,

these programs and procedures form the cornerstone of safety at Western, ensuring that employees are provided a safe and healthy environment

and are intended to reduce workplace accidents, incidents and losses, comply with all mining-related regulations, and provide support

for both regulators and the industry to improve mine safety.

operation of our U.S.

based mine is subject to regulation by the Federal Mine Safety and Health Administration (“MSHA”) under

the “Federal Mine Safety and Health Act of 1977” (the “Mine Act”).

MSHA inspects our mine on a regular basis

and issues various citations and orders when it believes a violation has occurred under the Mine Act.

Following passage of “The

Mine Improvement and New Emergency Response Act of 2006,” MSHA significantly increased the number of citations and orders charged

against mining operations.

The dollar penalties assessed for citations issued has also increased in recent years.

to Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), issuers

that are operators, or that have a subsidiary that is an operator, of a coal or other mine in the United States, and that is subject

to regulation by the Federal Mine Safety and Health Administration under the Mine Safety and Health Act of 1977 (“Mine Safety Act”),

are required to disclose in their periodic reports filed with the SEC information regarding specified health and safety violations, orders

and citations, related assessments and legal actions, and mining-related fatalities.

Western went into active mining operations at the

Sunday Mine Complex during 2021.

During the quarter ended June 30, 2022, Mine Safety and Health Administration (MSHA) mine inspections

have not yielded any disclosures required by Section 1503(a) of the Dodd-Frank Act.”

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 2. Unregistered Sales of Equity Securities