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-0.00724637681159405 -0.00724637681159405 -0.00724637681159405 -0.00724637681159405 -0.00724637681159405 0.0434782608695653 1.60901887626834E-16 -0.00724637681159405
Stock impact report

Westwater Resources enters into a common stock purchase agreement with Aspire Capital Fund for up to $22 million with an initial purchase of $2 million priced at $1.40

Westwater Resources, Inc. (WWR) 
Last westwater resources, inc. earnings: 8/8 04:39 pm Check Earnings Report
US:NASDAQ Investor Relations: westwaterresources.net
Company Research Source: GlobeNewswire
CENTENNIAL, Colo., Sept. 27, 2017 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (Nasdaq:WWR) (ASX:WWR), an energy metals exploration and development company, is pleased to announce that it has entered into a common stock purchase agreement with Aspire Capital Fund, LLC.  During the 30-month term of the agreement, Aspire Capital has committed to purchase, at the Company’s request, up to $22 million in the aggregate of Company’s common stock (or such lesser amount as the Company may determine), at prices based on the market price at the time of each sale.  Upon the execution of the agreement, the Company issued 880,000 common shares to Aspire Capital as a commitment fee.  There were no underwriting discounts or placement agent fees.  There is no hedging and no warrants, derivatives, or other share classes associated with this agreement.  Upon commencement of the agreement, the Company sold to Aspire Capital 1,428,571 shares at $1.40 per share for proceeds of $2,000,000.  The Company i Show less Read more
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