---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-097791"
form_type: "8-K"
ticker: "WSTRF"
cik: "0001621906"
company_name: "Western Uranium & Vanadium Corp."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T07:56:39.007130+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Western Uranium & Vanadium grants 1.525M options, adds second mining team to double Sunday Mine output

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-23-097791
- form_type: 8-K
- ticker: WSTRF
- cik: 0001621906
- company_name: Western Uranium & Vanadium Corp.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621906/000121390023097791/0001213900-23-097791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621906/000121390023097791/ea190550-8k_western.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-097791
- JSON: https://secwatch.observer/filing/0001213900-23-097791.json
- Plain text: https://secwatch.observer/filing/0001213900-23-097791.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.