Western Uranium & Vanadium Corp. is pleased to announce that it has received approximately CAD$4,630,800 in total proceeds from the exercise of common share purchase warrants between December 1, 2023 and February 16, 2024. During this two and a half month period, an aggregate of 3,859,000 Warrants were exercised. Thereafter, the Company has a total of 53,374,123 common shares outstanding. The majority of Warrants were [...]
Western Uranium & Vanadium Corp. is pleased to offer an update on its mining operations, highlighting significant achievements and outlining strategic goals for the upcoming year. Exceptional Progress at the Sunday Mine Complex Project Throughout 2023, the Sunday Mine Complex project witnessed exceptional progress, exceeding expectations in various facets. Key milestones include the identification of previously unknown [...]
Western Uranium & Vanadium Corp. is excited to announce the elevation of Michael Rutter to the position of Chief Operating Officer and the addition of Bruce Norquist to the team as General Manager of Mining Operations. Michael Rutter, who joined the company as Vice President of Operations in 2016, has been promoted to Chief Operating Officer. During his 22 years in the mining business, Mr.Rutter has gained extensive [...]
Western Uranium & Vanadium Corp. is providing the following updates: Uranium Markets A few months, have made 2023 an extraordinary year for uranium markets. From January through mid-August, uranium spot prices traded in a narrow range from $50 per pound to $57 per pound. Then in mid-August Spot began to rally surpassing the $60 and $70 price level in September. Well beyond expectations, Spot surpassed $80 price levels in [...]
Western Uranium & Vanadium Corp. is pleased to announce that it hosted a delegation from the U.S. Department of Energy's Oak Ridge National Laboratory at its Sunday Mine Complex on Thursday September 14th. The ORNL is considered among the world's premier scientific research institutions and is charged with solving problems and creating solutions at the intersection of energy, critical infrastructure, national security [...]
Western Uranium & Vanadium Corp. is pleased to announce the results of the Company's Annual General and Special Meeting of shareholders held in Nucla, Colorado on June 29, 2023. Proxy votes were cast for common shares representing approximately 46.1% of the issued and outstanding common shares of the Company as at the record date for the Meeting. Each of the other matters put forward before shareholders for consideration [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates on the mill and mines: The development of the Company's new state-of-the-art mineral processing plant continues to progress well. The Utah mill site in the Green River Industrial Park has been upsized through the addition of adjacent land. This allows the future scale of operation to be increased beyond the initial planned annual production of [...]
Western Uranium & Vanadium Corp. is pleased to announce that its Board of Directors has adopted a shareholder rights plan agreement . While the Plan is effective immediately, its continuance is subject to Western obtaining shareholder approval at our annual general and special meeting to be held on June 29, 2023. The Plan was adopted to help ensure, to the extent possible, the fair treatment of shareholders in the event [...]
Western Uranium & Vanadium Corp. is pleased to provide further details on our previous announcement regarding a new mineral processing facility in Utah to be built by the Company in the Green River Industrial Park . Western's mineral processing facility will complement other planned strategic uses of the Industrial Complex, including a nuclear power plant, oil refinery and inland port facility. It is also an ideal [...]
Western Uranium & Vanadium Corp. is pleased to announce that it has acquired property in the State of Utah to build a state-of-the-art mineral processing plant . Site and Facility design, as well as permitting, has begun. The Facility will be designed and constructed to recover uranium, vanadium and cobalt from ore mined both from mines owned by Western and ore produced by other miners. Selecting and acquiring the [...]
Western Uranium & Vanadium Corp. is providing the following shareholder updates: Mining Operations - Sunday Mine Complex Western's transition from employing a mining contractor to building an in-house mining operation has now been completed. Since this transition began in spring 2022, ten employees have been added to support mining operations and mining equipment and vehicles have been acquired to support deployment of [...]
Western Uranium & Vanadium Corp. is providing the following updates: Nuclear Fuel and Uranium Markets Western currently is observing positive catalysts across multiple levels of the nuclear fuel and uranium markets. At a micro-level the projected supply / demand imbalance is expanding. Demand is increasing with new reactors being built, next generation reactors being advanced, operating reactor life extensions, restarts [...]
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