Western Uranium & Vanadium acquires Pinon Ridge property for $830,000 to advance milling strategy

Western Uranium & Vanadium Corp.

Acquired 100% of Pinon Ridge Corporation shares for ~$830,000, gaining ~900-acre site in Montrose County, Colorado.
PRC site previously licensed for uranium mill; company plans to leverage historical licenses and data.
Related party transaction: President/CEO George Glasier and wife owned 50% of PRC; director Andrew Wilder indirectly owned 3%.
Independent committee approved; company relied on exemption from minority approval (fair market value <25% market cap).
Second property package acquired as part of multiple-site milling strategy; Utah site near San Rafael project.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.