What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2026-04-15 compared with 2025-04-15 · 35 added, 14 removed, 12 unchanged (80% of the section changed)

9 unchanged sentences

Unregistered Sales of Securities

On November 20, 2024, the Company closed a private

On October 14, 2025, the Company closed a brokered

private placement of 6,555,556 units at a price of $0.64 (CAD $0.90) per unit.

The aggregate gross proceeds raised in the private placement

amounted to $4,202,281 (CAD $5,900,000).

Each unit is comprised of one common share of Western and one common share purchase warrant.

Each warrant is exercisable into one common share at a price of $0.85 (CAD $1.20) per share for a period of 54 months following the closing

date of the private placement.

A total of 6,555,556 common shares and warrants to purchase 6,555,556 common shares were issued to investors

and warrants to purchase 229,444 common shares were issued to broker dealers in connection with the private placement.

A 7% cash commission

and broker warrants equal to 3.5% of the number of units sold, each exercisable into one common share at the issue price for a period

of 54 months following the closing date, will be issued to the sole underwriter in connection with the offering.

On June 13, 2025, the Company closed a private

placement of 5,911,786 units at a price of $0.63 (CAD $0.85) per unit.

Each unit was comprised of one common share and one common share

purchase warrant.

Each warrant is exercisable into one common share at a price of $1.27 (CAD $1.78) per share for a period of four years

following the closing date of the private placement.

For units sold in the United States, we relied on the private offering exemption

from registration provided by Rule 506(b) of Regulation D under the U.S.

Securities Act of 1933, as amended (the “U.S.

Act”), based on the offers and sales having been made without any general solicitation or advertising solely to accredited investors

who represented they purchased the units for their own account for investment and not for distribution.

For units sold outside of the

United States, we relied on Rule 903 of Regulation S under the U.S.

Securities Act based our status as a foreign issuer with no substantial

market interest and based on the offers and sales having been made in offshore transactions without any directed selling efforts.

The aggregate gross proceeds raised in the private placement amounted

to $3,693,424 (CAD $5,025,018) and proceeds net of issuance costs were $3,331,687 (CAD $4,532,939).

Each unit is comprised of one common

share of Western and one common share purchase warrant.

Each warrant is exercisable into one common share at a price of $0.77 (CAD $1.05)

per share for a period of four years following the closing date of the private placement.

A total of 5,911,786 common shares and warrants

to purchase 5,911,786 common shares were issued to investors and warrants to purchase 206,913 common shares were issued to broker dealers

in connection with the private placement.

Of the 5,911,786 common shares and warrants issued to investors, 117,647 were issued to Mr.

Glasier for his participation in the private placement.

For units sold in the United States, we relied

on the private offering exemption from registration provided by Rule 506(b) of Regulation D under the U.S.

Securities Act of 1933, as

amended (the “U.S.

Securities Act”), based on the offers and sales having been made without any general solicitation or advertising

solely to accredited investors who represented they purchased the units for their own account for investment and not for distribution.

For units sold outside of the United States, we relied on Rule 903 of Regulation S under the U.S.

Securities Act based on our status as

a foreign issuer with no substantial U.S.

market interest and based on the offers and sales having been made in offshore transactions

without any directed selling efforts.

Not Applicable

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-K

Item 5. Market for Registrant’s Common Equity