BLR 0.00% 0.2¢ black range minerals limited

WUC Signs US Utility Supply Contract

  1. buc
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    TORONTO, ONTARIO and NUCLA, COLORADO--(Marketwired - Dec. 7, 2015) -

    Western Uranium Corporation (CSE:WUC) ('Western Uranium' or the 'Company') is pleased to announce that it has entered into a Uranium Concentrates Supply Agreement with a major U.S. Utility for delivery commencing in 2018 and continuing through 2022.

    Production from the Company's fully-permitted Sunday Mine Complex is expected to commence in 2016.


    COMMENTS OF GEORGE GLASIER, President and CEO of Western Uranium Corporation

    George Glasier, President and CEO of Western Uranium, stated he believes this is the first of several term contracts the Company will execute to commit the initial production from the Company's mines. As the Company's production increases, Glasier believes U.S. utilities will favor U.S. production because of the reliability of supply at competitive prices.

    Read more at http://www.stockhouse.com/news/pres...s-utility-supply-contract#jup7UR9SmOhgEmSD.99
 
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