George Glasier, CEO of Western Uranium & Vanadium Corp, acquired 100,000 common shares in the company for investment purposes at CA$0.48 per share.
The company also granted 1,350,000 stock options to officers, directors, and employees under the Incentive Stock Option Plan.
Western is developing high-grade uranium and vanadium production, including the Mustang Mineral Processing Plant and the Sunday Mine Complex in Colorado.
Share Acquisition
George Glasier acquired 100,000 common shares at CA$0.48 per share, increasing his ownership to 7.0% of the company.
Stock Options Grant
1,350,000 stock options granted to officers and employees at CA$0.90 per share, vesting in three instalments.
Company Development
Western is licensing the Mustang Mineral Processing Plant and developing conventional projects in Colorado and Utah for production.
- George Glasier's acquisition of common shares signals confidence in the company's future prospects.
- The stock options grant incentivizes key personnel to contribute to Western's growth and success.
The recent securities transactions and grants indicate a positive outlook for Western Uranium & Vanadium Corp's development and expansion plans in the uranium and vanadium production sector.