Western Resources is pleased to announce that its subsidiary company Western Potash Holding Corp. has received the second tranche of its equity funding proceeds from Vantage Chance in the amount of $17 million on July 29, 2022, as part of the previously announced Investment Transaction, in exchange for the issuance to Vantage of 33,431,578 common [...]
Western Resources is pleased to announce that its Regina-based subsidiary Western Potash Corp. has an enhanced corporate and project management team. Following the official kick-off of the Milestone Phase 1 Project in mid-May, Western established its EC and TC to advance the Project more effectively. The EC is Western’s primary decision-making body [...]
Western Resources Corp. is pleased to announce that its Regina-based subsidiary Western Potash Corp. completed a Collaborative Project Planning Session with its key contractors and staff to officially kick off the restart of the Milestone Project in order to complete the process facilities and solution mining development. Key Project [...]
Western Resources is pleased to announce that Western Potash Holding Corp. has received the first tranche of its equity funding proceeds from Vantage Chance in the amount of $33 million, as part of the previously announced Investment Transaction, in exchange for the issuance to Vantage of 64,896,592 common shares of WPHC. Aggregate proceeds from [...]
Western Resources Corp. is pleased to announce that it has entered into an Amended and Restated Subscription Agreement originally signed on February 16, 2022 with Vantage Chance, in which Vantage has committed to make a strategic equity investment of C$80,000,000 in Western Potash Holdings, a wholly owned subsidiary of the Company. The Amendment [...]
Western Resources Corp. is pleased to announce that its wholly-owned subsidiary Western Potash Corp. has entered into a cost-reimbursable construction services agreement with Stuart Olson Prairie Construction Inc., a wholly owned subsidiary of Bird Construction Inc., as general contractor to continue the bulk of the remaining construction work for [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
