Western Resources Corp. announces that, following a decision of the Company's Board on May 17th, 2024, Western Potash Corp., the Company's wholly-owned subsidiary, has temporarily suspended operations at its Milestone Phase 1 Project site so that the Company can focus its efforts on discussions in respect of additional Project financing. The [...]
Western Resources Corp. is pleased to announce that its shareholders approved all items put before them at the Company's Annual General Shareholder Meeting held today, March 15th, 2024. A total of 96,648,405 common shares, representing 23.64% of the issued and outstanding common shares of the Company as at the record date, were present in person or [...]
Western Resources Corp. is pleased to announce that Western Potash Corp. , the Company's 100% owned subsidiary, received the second tranche of funds in the amount of CAD$5 million from Vantage Chance Limited . The transaction, set out in the Company's news release of August 15, 2023, has now closed. On August 15th, 2023, Western Potash signed an [...]
Western Resources Corp. is pleased to announce that Western Potash Corp. , the Company's 100% owned subsidiary, received today funds in the amount of CAD$5 million from Vantage Chance Limited , in accordance with the terms of the transaction detailed in the Company's news release dated August 15, 2023. On August 15th, 2023, Western Potash signed an [...]
Western Resources Corp. is pleased to announce today that Western Potash Corp. , the Company's 100% owned subsidiary, has signed an exchangeable debenture subscription agreement with Vantage Chance Limited , pursuant to which Vantage will subscribe for a CAD$10 million exchangeable debenture issued by Western Potash . Pursuant to the Exchangeable [...]
Western Resources Corp. is pleased to announce that the processing plant of the Milestone Potash Phase 1 Project is transitioning from the construction phase to the commissioning phase. In addition, the Operations team has officially begun preparation for Start-up and operations. The Project is located about 35 km southeast of Regina, Saskatchewan [...]
Western Resources Corp. is pleased to announce that its shareholders approved all items put before them at the Company's Annual General Shareholder Meeting held today, March 10, 2023. The approved items are: Fixed the number of directors of the Company at 7; The election of Bill Xue, George Gao, Mark Fracchia, Justin Xing, Guy Bentinck, Andrew [...]
Western Resources Corp. is pleased to announce that its wholly owned Western Potash Corp. has received approval of the Ministry of Environment to extend the mine life of the Milestone Potash Phase 1 Project to 40 years. The Project is designed as a selective solution mine which, in contrast with traditional potash mining and solution mining, is [...]
Western Resources Corp. is pleased to announce today that its wholly owned subsidiary, Western Potash Corp. , has closed the second tranche, in the amount of US$31 million, equivalent of C$41.6 million of its C$85 million Loan transaction with Appian Capital Advisory LLP , the terms of which were previously announced in the press release of April [...]
Western Resources Corp. is pleased to announce today that it has closed the previously announced conversion of common shares held by Vantage Chance Limited in Western Potash Holdings Corp., a subsidiary of the Company, which were exchanged for common shares of the Company , following receipt of conditional approval from the TSX and the written [...]
Western Resources Corp. is pleased to announce that it has accepted the Conversion Notice issued by Vantage Chance Limited . Pursuant to the Subscription Agreement, Vantage completed its $80 million investment in Western Potash Holdings Corp. , a subsidiary of the Company, whereby it acquired an aggregate of 157,325,071 common shares in WPHC [...]
Western Resources Corp. is pleased to announce that its subsidiary company Western Potash Holding Corp. has received the third and the last tranche of the equity funding proceeds from Vantage Chance Limited today in the amount of $30 million in exchange for the issuance to Vantage of 58,996,901 common shares of WPHC, which represents the closing of [...]
