other material
confidence high
sentiment positive
materiality 0.65
Western Uranium & Vanadium grants 1.525M options, adds second mining team to double Sunday Mine output
Western Uranium & Vanadium Corp.
- Granted 1,525,000 options to officers/directors/employees at CAD$1.60, vesting in three equal tranches through Jan 2025.
- Adding a second mining team in January 2024 to double production at the Sunday Mine Complex.
- Accelerating licensing and development of the Maverick Minerals Processing Plant.
- Continuing permitting of San Rafael and Topaz Mine projects to add follow-on capacity.
- Uranium spot price surged to $90/lb in December, over 15-year highs, driving Western's expansion.