secwatch.observer — SEC 8-K summary
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Issuer:     Western Uranium & Vanadium Corp. (WSTRF)
CIK:        0001621906
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001213900-22-007734
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Uranium reports high-grade ore at Sunday Mine; stockpile value >$3.5M
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- Intersected continuous high-grade uranium after 30 ft of waste removal; 2,000 tons moved to four underground stockpiles.
- Mining contractor reported uranium grade of 1% (0.9962); vanadium grade ~6% by historic 1:6 ratio.
- Stockpile estimated at 39,800 lbs U and 239,000 lbs V; post-processing recovery value over $3.5 million at current prices.
- Granted 900,000 stock options to officers/directors/employees; exercise price CAD$1.76, five-year term, vesting over three installments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621906/000121390022007734/0001213900-22-007734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621906/000121390022007734/ea155698-8k_western.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-007734

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