|Bid||0.7400 x 0|
|Ask||0.7900 x 0|
|Day's Range||0.7200 - 0.7200|
|52 Week Range||0.7100 - 3.2200|
|Beta (3Y Monthly)||-0.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or ”Company”) would like to provide its observations on the United States Nuclear Fuel Working Group (“Working Group”) that was established in response to the Section 232 uranium petition to undertake a fuller analysis of national security considerations with respect to the domestic nuclear fuel supply chain. The Working Group was pursuing a deadline of October 10th to provide recommendations to the White House, however President Trump has granted a 30-day deadline extension. This extension was reported by news organizations, and the U.S. Department of Commerce Public Affairs office provided confirmation to Western that “the President granted a 30 day extension on the delivery of the Nuclear Fuel Working Group report”. Upon receipt, unlike the Section 232 petition there is no mandated time period for the President to consider its content and take action.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or ”Company”) The Sunday Mine Complex Vanadium Project continues to deliver favorable results. CDRMS issued a letter indicating prerequisite information and construction projects that need to be finalized prior to the removal of material (ore) from the Sunday Mine Complex underground workings. Ore production will continue and be stockpiled underground.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or ”Company”) updates the status of the Sunday Mine Complex Vanadium Project. After the mining team completed the ventilation requirements and determined the mines were safe to fully enter, Dr. Kaiwen Wu, the Company’s Chief Geologist, located four initial areas where the vanadium readings on the X-Ray Fluorescence analyzer (XRF) were high. The uranium Section 232 petition filed by several U.S. uranium companies has not yet resulted in a quota or protection for U.S. producers, Western Uranium & Vanadium will be able to compete with the low cost producers worldwide because of its high-grade resources, vanadium and uranium co-products, and developed and permitted mines.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the ”Company”) is pleased to announce the results of the Company’s Annual General and Special Meeting (“Meeting”) held in New York City on June 21, 2019. Proxy votes were cast for common shares representing approximately 29% 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, each such resolution being approved by a margin in excess of a two-thirds of the votes cast for the Meeting.
Western wishes to announce commencement of the Sunday Mine Complex Vanadium Project (the “Project”). Commercial power has been switched on at SMC and mine opening requirements have been completed with Bureau of Land Management (BLM), Colorado Division of Reclamation, Mining and Safety (CDRMS) and Mine Safety and Health Administration (MSHA). The Company has hired Trenton Davis’ International Diggers, LLC as mining contractor to supplement the underground efforts of Western’s in-house mining team.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of a second and final tranche of its non-brokered private placement (the “Private Placement”) (please refer to the news release issued by Western on April 17, 2019 for details on the first tranche of the Private Placement). At this closing, the Company raised gross proceeds CAD$188,432 through the issuance of 192,278 units (the ”Units”) at a price of CAD$0.98 per Unit. The total raised in the two tranches of this Private Placement of 4,106,910 Units is therefore CAD$4,024,772.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the “Company”) is providing clarifications to one of the items of business proposed for consideration at the shareholder meeting that has been called for June 21, 2019 (the “Meeting”). As described in the management information circular for the meeting (the “Circular”), as well as in the related notice of Meeting, form of proxy and notice and access notification to shareholders (collectively the “Ancillary Documents”), management has proposed that shareholders adopt a special resolution authorizing an amendment to the current articles of incorporation of the Company (the “Amendment Proposal”). The Circular and Ancillary Documents have been posted under the Company’s profile at www.sedar.com, on Western’s website at http://western-uranium.com/annual-general-meetings.html, and on the website of the Company’s transfer agent’s at http://capitaltransferagency.ca/.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or ”Company”) updates the status of the Sunday Mine Complex (the “SMC”) Vanadium Project (the “Project”). Funding for the Project was completed in April and Project planning has been ongoing. Western will start the Project at two mines - the Sunday Mine and the St. Jude Mine.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) of 3,914,632 units (the ”Units”) at a price of CAD$0.98 per Unit. Each Warrant shall entitle the holder to purchase one Share at a price of CAD$1.70 per Share for a period of three years following the closing date of the Private Placement. A total of 3,914,632 Shares and 1,957,316 Warrants were issued. The Warrants contain a provision that if the Company’s Shares trade at or above CAD$3.00 per Share for 10 consecutive trading days, the Company may, at any time after the expiry of the applicable statutory hold period, accelerate the expiration of the Warrants upon not less than 30 days’ written notice by the Company (the “Acceleration Clause”).
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or ”Company”) provides a shareholder update regarding its previously announced plan to re-open the Sunday Mine Complex (“SMC”) for a vanadium project. The SMC Vanadium Project will be commenced within weeks of satisfactory project funding. Vanadium pentoxide prices have increased significantly over the past several years to a current level over $17 per pound of V2O5.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the “Company”) announces that company representatives of Western will be attending the Prospectors & Developers Association of Canada (PDAC) International Convention, Trade Show & Investors Exchange to be held at the Metro Toronto Convention Centre in Toronto, Canada from Sunday March 3rd to Wednesday March 6th. Western will be at exhibiting in the Investors Exchange throughout the conference at booth #3310. The CEO of the Company, Mr. George Glasier, will be available throughout the conference for individual meetings with shareholders and stakeholders.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the ”Company”) is pleased to announce it finished eighth (8th) on the 2019 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market. George Glasier, Western’s CEO, commented, “We are pleased to be recognized by OTC Markets and our shareholders, who during 2018 confirmed the substantial value of Western’s vanadium/uranium resource and near-term developed mines. Last year’s efforts have enhanced the Company’s opportunity set by positioning Western to re-open the Sunday Mine Complex which will catalyze vanadium and uranium operations.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the ”Company”) announces that company representatives of Western will be attending the Vancouver Resource Investment Conference 2019 to be held in Vancouver, British Columbia, Canada at the Vancouver Convention Centre on January 20-21, 2019. The conference is sponsored annually by Cambridge House International. The CEO of the Company, George Glasier will be making a corporate presentation on Sunday 1/20 at 1:30pm and participating in a vanadium panel discussion on Monday 1/21 at 11:40am.
Western Uranium & Vanadium Corp. (CSE:WUC) (WSTRF) (“Western” or the ”Company”) wishes to provide an update regarding its announced re-opening of the Sunday Mine Complex (“SMC”) to address shareholder questions with respect to Western’s ore processing. Western is commencing this program with the goals of further defining its large vanadium resource and monetizing that resource. Western is in discussions with a number of large offshore companies who have the existing facilities to recover the vanadium contained in the SMC ore. The worldwide shortage of vanadium is impacting many companies around the world and thus making offtake agreements available for ore production.