Western Atlas Resources (TSE:WA) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Western Atlas Resources Inc. has announced the cancellation of its previously planned non-brokered private placement and share consolidation due to a breach of subscription agreements by the investors. Despite commitments, the involved subscribers failed to deliver the agreed-upon funds totalling C$4 million, prompting the company to retain rights for taking necessary action against the breach. Western Atlas, listed on the TSX Venture Exchange, focuses on precious metals projects, including their Meadowbank project in Nunavut.
For further insights into TSE:WA stock, check out TipRanks’ Stock Analysis page.