- Western Uranium & Vanadium Corp. has entered into a definitive agreement to acquire a **50% ownership interest** in a package of unpatented mineral lode claims for **US$250,000**, with the transaction anticipated to close in **October 2025**.  **[1621906_f88853c8e29049eb8a9a50b70bebc078_0]** 
- The acquired property, approximately **240 acres** in Montrose County, Colorado, is strategically located less than **10 miles** from the proposed Mustang Mineral Processing Plant site.  **[1621906_f88853c8e29049eb8a9a50b70bebc078_0]** 
- The company has also staked an additional **500 acres** of mining claims surrounding the property for exploration potential.  **[1621906_f88853c8e29049eb8a9a50b70bebc078_0]** 
- Western's CEO, George Glasier, holds the remaining 50% interest in the property and has indicated his willingness to make his personal interest available to the Company, which would qualify as a **related-party transaction**.  **[1621906_f88853c8e29049eb8a9a50b70bebc078_0]**

Western Uranium & Vanadium (WSTRF)