GXMC Reports 6.56% Stake in Western Uranium

Global X Management Company LLC reported beneficial ownership of 4,713,392 common shares of Western Uranium & Vanadium Corp., representing 6.56% of the class as of 03/31/2026.

Rhea-AI Filing Summary

Global X Management Company LLC reported beneficial ownership of 4,713,392 common shares of Western Uranium & Vanadium Corp., representing 6.56% of the class as of 03/31/2026. The filing states GXMC has sole voting and sole dispositive power over these shares.

Insights

Institutional Ownership Analyst

GXMC files a Schedule 13G showing a passive >5% stake in Western Uranium & Vanadium.

GXMC reports beneficial ownership of 4,713,392 shares (6.56%) with sole voting and dispositive power. The filing identifies the holdings as managed investment-company positions rather than individual direct holdings.

Cash-flow treatment and any plans to trade are not disclosed in the excerpt; subsequent filings would show material changes in position or reporting status.

Compliance & Proxy Specialist

The Schedule 13G disclosure aligns with passive investor reporting requirements for >5% holders.

The form lists GXMC's address, citizenship (Delaware), and CUSIP 95985D100, and states certain GXMC-managed investment companies hold the economic interest. This mirrors standard investment-company reporting practice under the Investment Company Act.

Any shift from passive to active status would require an amended filing; timing or intent are not included in the provided excerpt.

Key Figures

Report date: 03/31/2026 Beneficial ownership: 4,713,392 shares Percent of class: 6.56% +1 more

4 metrics

Report date 03/31/2026 Ownership as of this date per cover information

Beneficial ownership 4,713,392 shares Common Shares of Western Uranium & Vanadium Corp.

Percent of class 6.56% Percentage of outstanding common shares reported

Voting power Sole voting power: 4,713,392 Shares over which GXMC has sole vote control

Key Terms

Schedule 13G, Beneficial ownership, Sole dispositive power, Investment Company Act

4 terms

Schedule 13G regulatory

"Item 1. Name of issuer: Western Uranium & Vanadium Corp."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficial ownership financial

"Item 4. Ownership (a) Amount beneficially owned:"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole dispositive power regulatory

"Item 4. (iii) Sole power to dispose or to direct the disposition of: 4,713,392.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Investment Company Act regulatory

"Certain investment companies registered under Section 8 of the Investment Company Act of 1940"

The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Global X Management (WSTRF) report?

Global X Management reports beneficial ownership of 4,713,392 shares, equal to 6.56% of Western Uranium & Vanadium Corp.'s common shares as of 03/31/2026. The filing lists sole voting and dispositive power over those shares.

Does GXMC control voting or disposition of the shares?

Yes. The filing states GXMC has sole power to vote and sole power to dispose of the reported 4,713,392 shares. Shared voting or dispositive power is reported as zero in the excerpt.

Are these holdings held on behalf of other persons?

The filing indicates certain GXMC-managed investment companies have the right to receive dividends or sale proceeds. It lists that these managed funds, not individual investors, may hold the economic interest in the reported shares.

What document was filed and which CUSIP is reported?

A Schedule 13G was filed for Western Uranium & Vanadium Corp. The reported CUSIP in the excerpt is 95985D100, tied to the common shares class named in the form.

Who signed the filing and when was it signed?

The filing is signed by Ryan O'Connor, Chief Executive Officer, and the signature date shown in the excerpt is 05/15/2026. The ownership figures reference 03/31/2026 as the reporting date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 09:54 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Western Uranium & Vanadium Corp.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

95985D100

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 95985D100

1

Names of Reporting Persons

Global X Management CO LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,713,392.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,713,392.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,713,392.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.56 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: See Item 4 of this Filing

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Western Uranium & Vanadium Corp.
(b)	Address of issuer's principal executive offices: 5 Church Street, Toronto, Ontario, Canada, M5E IM2
Item 2.
(a)	Name of person filing: Global X Management Company LLC ("GXMC")
(b)	Address or principal business office or, if none, residence: 605 3rd Avenue, 43rd Floor New York, NY 10158
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares, no par value
(e)	CUSIP Number(s): 95985D100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information in items 1 and 5 through 11 on the cover page (p. 2) on Schedule 13G is hereby incorporated by reference.
(b)	Percent of class: 6.56 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,713,392.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,713,392.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain investment companies registered under Section 8 of the Investment Company Act of 1940 managed by GXMC have the right to receive any dividends from, or the proceeds from the sale of, the securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Global X Management CO LLC

Signature:	/s/ Ryan O'Connor
Name/Title:	Ryan O'Connor, Chief Executive Officer
Date:	05/15/2026