01:53 PM EDT, 10/15/2024 (MT Newswires) -- Western Uranium & Vanadium ( WSTRF ) on Tuesday said it closed its acquisition of a 900-acre property in Montrose County, Colorado.

The transaction was structured as a share purchase of Pinon Ridge Corp.

The acquisition is Western's second property package, in addition to the Maverick Minerals Processing Plant site in Utah. It is part of Western's plans for developing and licensing one or more uranium and vanadium processing facilities to process production from its resource properties in Colorado and Utah.

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