Western Resources Corp.

Western Resources is pleased to announce today that its wholly owned subsidiary, Western Potash Corp., has closed the first tranche, in the amount of C$45 million, of its Loan Transaction with Appian Capital Advisory, the terms of which were previously announced in the press release of April 28, 2022. The first tranche of funds from the Loan Transaction will be used by Western to restart immediately construction of the [...]

Western Resources Corp. is pleased to announce today that its wholly owned subsidiary, Western Potash Corp., has entered into a C$85,000,000 term loan facility financing transaction with Appian Capital Advisory LLP . The Loan Transaction has been negotiated at arm's length and will not materially affect control of the Company. Proceeds of the Loan Transaction will enable Western to continue and complete the remaining [...]

Western Resources Corp. is pleased to announce that its shareholders approved all items put before them at the Company's Annual General and Special Shareholder Meeting held on March 28, 2022. The approved items are: 1. Fixed the number of directors of the Company at 6; 2. The election of Bill Xue, George Gao, Weimin Wang, Guy Bentinck, Andrew Hancharyk and Yujia Ren to the Board. A total of 107,693,679 common shares [...]

Western Resources Corp. is pleased to announce that it has signed a subscription agreement today with Vantage Chance Limited , in which Vantage has committed to make a strategic equity investment of C$80,000,000 in Western Potash Holdings Corp. , a newly formed company which, upon completion of a reorganization , will own 100% of Western Potash Corp. and its Milestone Potash Project. Vantage is a private investment [...]

Western Resources Corp. is pleased to announce that its wholly-owned subsidiary, Western Potash Corp has filed an updated NI 43-101 Technical Report for its Milestone Phase 1 Project on SEDAR on December 29, 2021, in conjunction with the filing of the Company's Audited Consolidated Financial Statements, Management Discussion & Analysis, and Annual Information Form. These documents are now available at www.sedar.com [...]

Western Resources Corp. is pleased to announce that Western Potash Corp. , the company's wholly-owned subsidiary, has received key findings from its upcoming NI 43-101 report for its Milestone Phase I Project in southern Saskatchewan. The Report is based on the expansion of the mine life from 12 years to 40 years and the update of the mining plan. The technical Report is being prepared by March Consulting Associates Inc [...]

Western Resources Corp. is pleased to report on the overall status of and progress on the Company's Milestone Potash Phase 1 Project operated by the Company's wholly-owned subsidiary, Western Potash Corp. , and the Company's gradual phase out of its real estate investments from its business model in order to improve its financial position and refocus its efforts on the successful completion of the Project. Since [...]

Western Resources Corp. is pleased to announce that its shareholders approved all items put before them at the Company's Annual General Meeting held in its Vancouver office and virtually on March 12, 2021. At the meeting, Western's shareholders: Set the number of directors of the Company at six ; Elected Wenye Xue, Weimin Wang, Guy Bentinck, George Gao, Andrew Hancharyk, Yujia Ren to the Board of Directors; Re-appointed [...]

Western Resources Corp. announces that Western Potash Corp., the company’s wholly-owned subsidiary, is delaying completion of construction for the balance of the Milestone Phase 1 Project process plant from July to the end of this year. The Phase 1 Project is already 83% complete in the overall status. It has completed engineering, procurement, construction of infrastructure, crystallization pond, electrical distribution [...]

Western Resources Corp. is pleased to announce that Western Potash Corp., the Company’s wholly-owned subsidiary, safely and successfully started its Hot Mining operations Tuesday, April 28, 2020 at its Milestone Phase I Plant, southeast of Regina, Saskatchewan. Hot Mining recirculates heated saturated brine from the crystallization pond into the caverns, and preferentially extracts the dissolved potash which returns to [...]