Chad M. Potter
Chad M. Potter, former President and Chief Executive Officer of the Company, departed the Company on January 16, 2023.
Highest-materiality recent filing
Authorized common shares increased from 200M to 400M; 50.5M for, 13.0M against, 0.5M abstain.
SK On terminates Products Procurement Agreement with Westwater
SK On notified Westwater on March 31, 2026 of immediate termination of the February 2024 Products Procurement Agreement.
FCA unexpectedly terminates offtake; Westwater disputes, pauses debt syndication, raises $55M
FCA US LLC terminated Binding Offtake Agreement effective Nov 3, 2025; Westwater disputes termination and reserves rights.
Westwater Resources registers up to $75M in additional ATM equity offering
Filed prospectus supplement to sell up to $75M in common stock via ATM with H.C. Wainwright.
Westwater Resources raises $5M via convertible notes; Q2 net loss $3.855M
Issued $5M convertible notes to institutional investors; conversion price $0.83, 24-month maturity.
Westwater Resources: Phase II DFS shows $1.4B NPV; debt financing for Phase I delayed
Phase II DFS: estimated pre-tax NPV of $1.4B (8% discount), IRR of 31.8%, capital costs $453M including 20% contingency.
Westwater Resources secures up to $30M equity facility from Lincoln Park Capital and $8.05M ATM
Lincoln Park committed to buy up to $30M of common stock over 24 months; initial commitment shares of 600,000 issued.
Westwater signs binding offtake with Stellantis for Kellyton graphite anode (10-15 kt/yr)
Binding offtake agreement with FCA US LLC (Stellantis) signed July 17, 2024.
SK On will purchase annually a percentage of its forecasted volume; final year volume 10,000 metric tons.
Westwater Coosa graphite deposit IA shows pre-tax NPV $229M, IRR 26.7%
Indicated resources: 26Mst at 2.89% Cg; Inferred: 97Mst at 3.08% Cg.
FY2022 net loss $11.1M ($0.25/sh) vs $16.1M ($0.49) prior year; cash $75.2M, working capital $51.0M.
Former President and CEO Chad Potter resigns; enters separation agreement with $285K severance
Chad Potter resigned as President, CEO, and director effective Jan 16, 2023.
Westwater Resources appoints Frank Bakker as President & CEO, promotes Cates and Lawrence
Frank Bakker appointed President and CEO effective Jan 16, 2023, replacing Chad Potter who departed.
Westwater Resources rejects unsolicited proposal from Idaho Strategic Resources
Westwater received unsolicited proposal from Idaho Strategic Resources (IDR) on Dec 15, 2022.
Indicated resources: 26.0 Mst at 2.89% Cg for 754,000 st contained graphite.
Westwater Resources CFO Jeffrey Vigil to retire Aug 26, 2022; Steven Cates elected successor
Jeffrey L. Vigil to retire as CFO and VP – Finance effective August 26, 2022.
Westwater Resources breaks ground on $202M graphite processing plant in Alabama
Plant in Kellyton, AL, will process raw graphite into battery-grade graphite for EVs.
Westwater approves $202M Phase I of Coosa Graphite Project; DFS shows 15% IRR
Board approved $202M expenditure for Phase I construction; expects start before end of 2021.
Westwater Resources registers up to $50M ATM common stock offering with Cantor Fitzgerald
Filed a prospectus supplement on Aug 20, 2021 to sell up to $50M of common stock under existing S-3.
Chad M. Potter, former President and Chief Executive Officer of the Company, departed the Company on January 16, 2023.
Jeffrey L. Vigil, CFO and Vice President – Finance of the Company, is retiring from the Company effective August 26, 2022.
effective as of February 26, 2022, in connection with his new role as Executive Chairman of the Company
Terence J. Cryan, currently serving as the Chairman of the Board of Directors of the Company, will become Executive Chairman effective February 26, 2022.
Christopher M. Jones, President and Chief Executive Officer of the Company and member of the Board, is retiring from the Company effective February 25, 2022.
Chad M. Potter was elected President & CEO of the Company and appointed to fill the vacancy on the Board.
On August 2, 2021, Westwater Resources, Inc. (the “Company”) appointed Chad M. Potter as the Company’s Chief Operating Officer.
Max materiality 0.90 · Median 0.50 · Most common event other_material