Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. is pleased to announce that 1,706,570 warrants were exercised and 1,706,570 shares were issued in April and May 2021. The Warrant Exercise raised cumulative gross proceeds of C$1,966,059. Western currently has a total of 38,165,317 common shares outstanding. The Warrant Exercise predominantly included warrants issued in private placements which closed in July and August 2018 for a term of [...]

Western Uranium & Vanadium Corp. is pleased to announce the closing of a second and final tranche of its non-brokered private placement . At this closing, the Company raised gross proceeds CAD$2,500,000 through the issuance of 3,125,000 units at a price of CAD$0.80 per Unit. The total raised in the two tranches of this Private Placement of 6,375,000 Units aggregates to CAD$5,100,000. Western used 100% of the overallotment [...]

Western Uranium & Vanadium Corp. is pleased to announce the closing of a non-brokered private placement of 3,250,000 units at a price of CAD$0.80 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$2,600,000. Each Unit consists of one common share of Western plus one common share purchase warrant of Western . Each Warrant shall entitle the holder to purchase one Share at a price of [...]

Western Uranium & Vanadium Corp. would like to provide the following update. Entering 2021, Western is excited about our competitive position, market opportunities, and the prospects for nuclear energy and uranium mining. Sunday Mine Complex Ready for Production Restart Western’s Sunday Mine Complex project during 2019/2020 established the mines are in “ready-to-produce” status. These permitted and developed conventional [...]

Western Uranium & Vanadium Corp. would like to provide the following market update regarding its Weld County Colorado oil and gas lease, to clarify its attributes as its status has been the subject of investor speculation. In 2015, the Company acquired Black Range Minerals Limited which owned, among other assets, a non-core Weld County Colorado property called the Bullen Property. Black Range’s Keota Uranium Project ran [...]

Western Uranium & Vanadium Corp. would like to provide the following update: Mine Standby: The Company’s temporary cessation request for the five mine permits comprising the Sunday Mine Complex was approved by the Mined Land Reclamation Board in a unanimous vote. Under Colorado Rules and Regulations, an operator is required to apply for temporary cessation after a lapse of mining activities for a period of 180 days [...]

Western Uranium & Vanadium Corp. would like to provide the following update: Mined Land Reclamation Board Permit Hearing The Company prevailed in the mining permit hearing held before the state of Colorado’s Mined Land Reclamation Board . At issue was the status of the five existing permits which comprise the Sunday Mine Complex . Due to COVID restrictions, the hearing took place utilizing a virtual-only format on [...]

Western Uranium & Vanadium Corp. Division of Reclamation, Mining and Safety Permit Hearing This hearing on the status of the Sunday Mine Complex permits is now scheduled for July 22, 2020. This Mined Land Reclamation Board meeting was first scheduled to convene in March, but there were multiple continuances due to procedural and COVID-19 delays. A virtual only format will be utilized to comply with the Colorado Open [...]

Western Uranium & Vanadium Corp. is pleased to announce the results of the Company’s Annual General and Special Meeting held in Nucla, Colorado on June 29, 2020. Proxy votes were cast for common shares representing approximately 45.0% of the issued and outstanding common shares of the Company as at the record date for the Meeting. The shareholders approved all resolutions submitted for their consideration at the Meeting [...]

Western Uranium & Vanadium Corp. Sunday Mine Complex Update As previously reported, the Sunday Mine Complex was reopened in 2019 with development and mining of ore conducted and stockpiled in the mines. During the 3rd and 4th Quarters of 2019, the project focus was shifted to surface infrastructure projects. In February 2020, the last of these projects, the construction of the ore storage pads were completed. In March [...]