TORONTO, ONTARIO and NUCLA, COLORADO--(Marketwired - Jan 4, 2016) - George Glasier, President & CEO of Western Uranium Corp. (CSE:WUC) ('Western' or the 'Company') is pleased to provide the following update. Dear Shareholders and Friends of Western Uranium Corp. ('Western') or (the 'Company'): As I look back over the last year and forward to the [...]
Western Uranium has determined to amend the terms of the previously announced Private Placement. The reason for the amendment is that other financing alternatives such as convertible debt and other funding avenues have been proposed by financiers. Both management and financiers require more time to negotiate agreeable financing terms. The revised [...]
Western Uranium is pleased to announce that it has entered into a Uranium Concentrates Supply Agreement with a major U.S. Utility for delivery commencing in 2018 and continuing through 2022. Production from the Company's fully-permitted Sunday Mine Complex is expected to commence in 2016.
Western Uranium is pleased to announce that engineering design of the second Ablation Production Unit has been completed. Construction of the second Ablation Production Unit has started and is expected to be completed in Q1 2016. The Unit is being built at the facilities of Western near Nucla, Colorado and will be moved to the Sunday Mine Complex [...]