Western Uranium & Vanadium Corp. is providing the following Company updates: Sunday Mine Complex - GMG Ore Body: Production Update The first phase of the ongoing Sunday Mine Complex project was to define and develop the GMG Ore Body ; however after 30 feet of waste rock removal high-grade uranium ore has been intersected continuously. Thus the team [...]
Western Uranium & Vanadium Corp. through its wholly-owned subsidiary, Black Range Minerals, has received the first royalty payment for oil and gas production from its property located in Weld County Colorado. This first royalty payment was in the amount of $207,552, which represents payment since sales began in August 2021 through December 2021 [...]
Western Uranium & Vanadium Corp. is pleased to announce the second closing of its non-brokered private placement . At this closing, the Company raised gross proceeds of CAD$3,992,920 through the issuance of 2,495,575 units at a price of CAD$1.60 per Unit. The total raised in the two tranches of this Private Placement of 2,868,541 Units aggregates [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates. Strategic Acquisition of Physical Uranium The Company has completed the acquisition of 125,000 pounds of natural uranium concentrate. This was announced in June 2021, and because of uranium prices at the time, Western paid a price of $32 per pound for the U3O8. Uranium [...]
Western Uranium & Vanadium Corp. is pleased to announce the closing of a non-brokered private placement of 372,966 units at a price of CAD$1.60 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$596,746. Each Unit consists of one common share of Western plus one common share purchase warrant of Western . Each [...]
Western Uranium & Vanadium Corp. is pleased to provide the following update. Mining Operations at the Sunday Mine Complex are proceeding and producing results far beyond expectations. The development of one of the multiple SMC ore bodies, the GMG Ore Body, required the drift to be extended 150 feet to reach the first surface exploration drill hole [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates. Sunday Mine Complex Project Update Active mining operations have resumed at the Sunday Mine Complex, and the project is already producing strong results. Ore was anticipated to be encountered after 150 feet of underground development; however drilling of the GMG ore body [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates on the advancement of its resource properties and the inclusion of its common shares into uranium sector indices and exchange traded funds . Sunday Mine Complex Project Update The team has completed its first three weeks on the resumption of mining activities at the Sunday [...]
Western Uranium & Vanadium Corp. is pleased to announce that it is preparing for the resumption of mining activities at the Sunday Mine Complex . This action is driven by COVID-19 risks declining and the improved fundamentals and outlook for uranium and vanadium commodities. The Sunday Mine, West Sunday Mine, St. Jude Mine, and Carnation Mine [...]
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 28, 2021. Proxy votes were cast for common shares representing approximately 42.3% of the issued and outstanding common shares of the Company as at the record date for the Meeting [...]
Western Uranium & Vanadium Corp. is pleased to announce that the Company has executed a binding agreement to purchase 125,000 pounds of natural uranium concentrate at the current market price. The triuranium octoxide delivery will take place before June 2022 on a delivery date specified by Western. This uranium purchase is among several value-added [...]
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 [...]