Western Uranium & Vanadium Corp. (WSTRF) Western Uranium & Vanadium Corp. is actively involved in the acquisition and advancement of uranium and vanadium resource properties, primarily situated within the United States in Utah and Colorado. Its portfolio encompasses key projects such as Utah's San Rafael uranium project (located in Emery County) and the Dunn Project (found in San Juan County). In Colorado, the company holds interests in the Sunday Mine Complex (western San Miguel County), the Van 4 mine (western Montrose County), and portions of the Sage mine project, which spans both San Juan County, Utah, and San Miguel County, Colorado. Further expanding its reach, Western Uranium & Vanadium Corp. also possesses stakes in several Colorado-based initiatives, including the Hansen, North Hansen, High Park, and Hansen Picnic Tree projects (situated in Fremont and Teller Counties), and the Keota project (in Weld County). Additionally, the company has an interest in the Ferris Haggerty project, located in Carbon County, Wyoming. Formerly known as Western Uranium Corporation, the entity officially adopted its current name, Western Uranium & Vanadium Corp., in October 2018. The corporate headquarters of Western Uranium & Vanadium Corp. are located in Toronto, Canada.
Sector: Miscellaneous Metal Ores
Industry: Uranium
Western Uranium & Vanadium Corp. OTC:WSTRF Energy · Uranium
All Press Release SEC Filings News
SEC Filing ● Major ⚠ 6
WSTRF: 10-Q · periodic report
Western Uranium & Vanadium reported Q2 2026 revenue of $199,528, up 554% year over year, driven by a $167,111 revenue true-up after final uranium assays on 2025 ore deliveries to Energy Fuels came in more than 40% above probe estimates. Net loss narrowed to $1.16 million from $1.97 million a year earlier on 47% lower mining expenditures.
The filing discloses substantial doubt about the company's ability to continue as a going concern, with $3.52 million of cash, $3.45 million of working capital, and a $38.87 million accumulated deficit at June 30, 2026. Management said continued operations are contingent on obtaining additional financing, and cash declined from $5.62 million over the six months with no financing activity in the period.
CEO George Glasier and CFO Robert Klein concluded that disclosure controls and procedures were not effective as of June 30, 2026, citing identified material weaknesses in internal control over financial reporting.
Underground mining remains scaled back with no ore deliveries in the quarter, while the company says it is on track to submit the Mustang Mineral Processing Plant license application to Colorado regulators by the end of 2026, with processing targeted to commence in 2029.
SEC 10-Q • 2mo ago AI analysis › SEC Filing ⚠ 1
WSTRF: 8-K · proxy statement
Western Uranium & Vanadium Corp. held its Annual General and Special Meeting on June 26, 2026, where shareholders elected all proposed directors and ratified management's recommendations. The company also reappointed MNP LLP as its auditor and authorized the board to fix the auditor's remuneration.
While nominees George Glasier, Bryan Murphy, and Andrew Wilder received overwhelming support with minimal withheld votes, director nominee Michael Skutezky faced significant opposition. Approximately 8.76 million votes were withheld for Skutezky, representing roughly 42% of the votes cast, compared to less than 2% for his fellow nominees.
Shareholders additionally reapproved the company's 2023 Incentive Stock Option Plan and the Shareholder Rights Plan, each for a term of three years. Subsequent to the meeting, the company confirmed the reappointment of its executive officers, including George Glasier as President and CEO and Robert Klein as CFO.
SEC 8-K • 3mo ago SEC Filing ⚠ 5
WSTRF: 10-Q · periodic report
Western Uranium & Vanadium Corp. reported a net loss of $1.6 million for the three months ended March 31, 2026, driven by an operating loss of $1.6 million despite a 58% reduction in mining expenditures to $709,000 as part of a cost-saving initiative. The company generated only $27,351 in revenue, primarily from oil and gas royalties, and holds $4.55 million in cash against an accumulated deficit of $37.7 million.
The filing includes explicit going-concern language, stating that substantial doubt exists regarding the company's ability to continue operations for at least one year without additional financing. Management acknowledges that its ability to pay obligations is contingent upon obtaining further debt or equity capital, as current cash flows are insufficient to fund planned mining expansions and processing facility development.
Additionally, management identified material weaknesses in internal control over financial reporting, concluding that disclosure controls and procedures were not effective as of March 31, 2026. The company has scaled back underground mining operations at its Sunday Mine Complex pending better market signals, while continuing to advance permitting for its Mustang Mineral Processing Plant and exploring the newly acquired Uranium Ridge Project.
SEC 10-Q • 5mo ago AI analysis ›