Western Uranium & Vanadium Corp. is pleased to announce that the Company has entered into an Ore Purchase Agreement with Energy Fuels Inc. . Western plans to commence hauling around the beginning of May, making deliveries to Energy Fuels' White Mesa Mill, the only operational conventional uranium/vanadium mill in the United States. Deliveries will be sourced from previously mined production that has been stockpiled at the [...]
Western Uranium & Vanadium Corp. is pleased to provide an update of its operational strategy and ongoing developments at the Mustang Mineral Processing Site and Maverick Minerals Processing Site, positioning the Company as a key player in the regional uranium and vanadium processing sector. In October 2024, Western successfully acquired the Mustang Mineral Processing Site , a move that significantly enhances the Company's [...]
Western Uranium & Vanadium Corp. is pleased to provide a summary of its 2024 accomplishments as it ramps up uranium and vanadium production capacity and throughput. Enhanced Mining Capability Western has significantly enhanced its mining capabilities through various strategic initiatives. These include expanding its workforce by recruiting senior technical and mining staff, upgrading its fleet with additional mining [...]
Western Uranium & Vanadium Corp. is extending the term and intends to reduce the exercise price of a total of 2,868,541 previously issued common share purchase warrants . The warrants were originally issued between December 13, 2021 and January 20, 2022 as part of the Company's previously completed non-brokered financing and are due to expire on the date that is three years after their issuance. All Warrants are currently [...]
Western Uranium & Vanadium Corp. is providing the following updates: Geologist Joins to Supervise Drilling Program and Resource Reporting Western is pleased to welcome Nathan Bishop as Lead Geologist. With nearly 20 years of geological experience, primarily in copper mining operations across Western North America. Mr. Bishop brings a wealth of knowledge and expertise to the team. His specialized skills in borehole [...]
Western Uranium & Vanadium Corp. is pleased to announce that it has received aggregated gross proceeds of approximately CAD $5.5 million through the issuance of a total of 4,142,906 common shares and 4,142,906 warrants in two tranches of a financing which was initially announced in the news release issued by the Company on November 8, 2024 . For details on the first tranche closing of the Offering, please refer to the [...]
Western Uranium & Vanadium Corp. is pleased to announce the closing of the first tranche of its brokered financing, which was previously announced in the Company's news release issued on November 8, 2024. Pursuant to the financing, Western issued a total of 3,819,695 units at a price of CAD $1.32 per unit for aggregate gross proceeds of approximately CAD $5,041,998 with each Unit being comprised of one common share and [...]
Western Uranium & Vanadium Corp. is pleased to announce that it is engaging A.G.P. Canada Investments ULC to act as sole agent and bookrunner for the Company on a "best efforts" agency basis in connection with a brokered private placement financing of up to 4,166,666 units at a price of CAD $1.32 per Unit for aggregate gross proceeds of up to CAD $5,500,000 , subject to a 15% discretionary overallotment increase. Each [...]
Western Uranium & Vanadium Corp. is pleased to announce that the Company has closed the transaction announced in its October 1, 2024 news release and therefore acquired an approximately 900 acre property located in Montrose County, Colorado . The Transaction was structured as a share purchase whereby Western acquired all the issued and outstanding shares of Pinon Ridge Corporation, the parent of a company owning the PRC [...]
Western Uranium & Vanadium Corp. is pleased to announce that the Company has executed a binding Stock Purchase Agreement to purchase 100% of the shares of Pinon Ridge Corporation and thereby acquire an approximately 900 acre property located in Montrose County, Colorado . In connection with the Agreement, the former PRC shareholders will be paid approximately USD830,000 for their PRC equity and shareholder loan [...]
Western Uranium & Vanadium Corp. is pleased provide the following updates. New Director Election and Incentive Stock Option Grant Michael Skutezky was recently elected as a new director at the Company's Annual General and Special Meeting of Shareholders. In light of the significant improvements in uranium markets over the past year, the development of Western's mining operations, and substantial advancements in our [...]
Western Uranium & Vanadium Corp. is pleased to announce the results of the Company's Annual General and Special Meeting of shareholders held in Montrose, Colorado on June 27, 2024. Proxy votes were cast for common shares representing approximately 49.0% of the issued and outstanding common shares of the Company as at the record date for the Meeting. Each of the matters put forward before shareholders for consideration and [...]
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