Western Uranium (TSE:WUC) has released an update.
Western Uranium & Vanadium Corp. has expanded its milling strategy by acquiring Pinon Ridge Corporation, which includes a 900-acre property in Colorado previously licensed for a uranium mill. This acquisition complements the company’s existing Maverick Mineral Processing Plant in Utah, with both sites designed to optimize costs and process materials from third-party miners. The company is considering various financing options to enhance shareholder value through this strategic expansion.
For further insights into TSE:WUC stock, check out TipRanks’ Stock Analysis page.
