Western Uranium Limited

Western Uranium Limited is a Perth-based uranium exploration company which continues to actively search for new projects, both within Australia and offshore. 

Acquisition is focused on drill-ready exploration projects through to advanced projects with existing resources and upside potential. Although the preference is for the major metals or bulks other commodities are being considered. There is no geographical constraint other than areas of unacceptable political risk. All deal structures will be considered, from joint venture farm-in through to direct project equity or corporate acquisition.

A number of interesting opportunities have been presented and are currently under review. Asset quality and valuations continue to improve as a result of continuing difficult conditions in equity markets. With this in mind, the Company is also evaluating the support that may be available to finance a potential acquisition. 

Uranium prices are strong. Demand for uranium substantially exceeds supply and is predicted to remain so for the next decade, placing upward pressure on the price of uranium. Further, as world demand for electricity increases and global warming continues to be a critical issue, re-evaluation of uranium as a source of base load electricity generation becomes compelling.

 
Latest News
Latest 10 Updates
17 April 2009

Quarterly Report for the period ended 31 March 2009

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13 March 2009

Western Uranium Limited Half Yearly Report for the period ended 31 December 2008

Please click here to download the Half Year Financial Report for the half year ended 31 December 2008 295.14 Kb

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30 January 2009

Quarterly Report for the period ended 31 December 2008

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09 January 2009

Expiry of Options

The Directors of Western Uranium Limited (‘Western Uranium") wish to advise that in accordance with the terms of options issued under the Western Uranium Employee Share Option Plan ("Plan"), 100,000 options exercisable at 45 cents each and expiring 1 December 2011 which were issued pursuant to the Plan have expired due to the resignation of a contractor.

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25 November 2008

Annual General Meeting

In accordance with Listing Rule 3.13.2 the directors advise that the resolutions put to shareholders were carried at the Annual General Meeting of the Company held earlier today.

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21 November 2008

Appointment of Director

Western Uranium Limited ("the Company") is pleased to announce the appointment of Mr Stuart Hall as a non-executive director of the Company.

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29 October 2008

Quarterly Report for the period ended September 2008

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23 October 2008

Notice of Annual General Meeting

Please find attached a copy of the Notice of Meeting, Explanatory Memorandum and Proxy Form for the 2008 Annual General Meeting of Western Uranium Limited ("Western Uranium") to be held on Tuesday 25th November 2008.

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08 October 2008

Appointment of Director 

Following the recent resignation of Mr Mark Hansen, the directors of Western Uranium Limited are pleased to advise that Mr Alan Gordon Coulthard has been appointed as a non-executive director.

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02 October 2008

Resignation of Director 

The directors of Western Uranium Limited (‘the Company") wish to advise that Mr Mark Christian Hansen has today tendered his resignation as a director of the Company.

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01 October 2008

Western Uranium Limited Annual Report 2008

Please click here to download the 2008 Annual Report 982.64 Kb

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03 September 2008

Completition of Escrow Period 

The directors of Western Uranium Limited (‘the Company") wish to advise that in accordance with ASX Listing Rule 3.10A, the following securities held in escrow since official quotation of the Company's securities in 2006 will be released on 26 September 2008.

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19 August 2008

Termination of Management Services Agreement

The directors of Western Uranium Limited ("the Company") wish to advise that a Management Services Agreement with Market Capital Group Pty Ltd which provides the services of Mr Mark Christian Hansen as the Company's Technical Director has been terminated.  

Mr Hansen remains a non-executive director of the Company.

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29 July 2008

Quarterly Report for the period ended 30 June 2008

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04 July 2008

Expiry of Options

The Directors of Western Uranium Limited (‘Western Uranium") wish to advise that in accordance with the terms of options issued under the Western Uranium Employee Share Option Plan ("Plan"), 100,000 options exercisable at 45 cents each and expiring 1 December 2011 which were issued pursuant to the Plan have expired due to the resignation of a contractor.

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05 May 2008

Expiry of Options

The directors of Western Uranium Limited (‘the Company") wish to advise that in accordance with the terms of options issued under the Western Uranium Employee Share Option Plan ("Plan") 50,000 options exercisable at $0.45 each and expiring 1 December 2011 which were issued pursuant to the Plan have expired due to the resignation of a contractor.

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29 April 2008

Quarterly Report for the period ended 31 March 2008

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14 March 2008

Western Uranium Limited Half Yearly Report for the period ended 31 December 2007

Please click here to download the Half Year Financial Report for the half year ended 31 December 2007

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04 March 2008

Expiry of Options

The Directors of Western Uranium Limited (‘Western Uranium") wish to advise that in accordance with the terms of options issued under the Western Uranium Employee Share Option Plan ("Plan"), 100,000 options exercisable at 45 cents each and expiring 1 December 2011 which were issued pursuant to the Plan have expired due to the resignation of a contractor.
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31 January 2008

Quarterly Report for the period ended 31 December 2007

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31 October 2007

Quarterly Report for the period ended 30 September 2007

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29 October 2007

Cancellation of Annual General Meeting

The directors of Western Uranium Limited (“Western Uranium” or “the Company”) wish to confirm the Annual General Meeting of shareholders scheduled for 2 November 2007 has been cancelled with all resolutions regarding the proposed issue of securities to directors and consultants of the Company being withdrawn.

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26 October 2007

Western Uranium Limited Annual Report 2007

Please click here to download the Annual Report for 2007

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17 October 2007

Notice of Annual General Meeting 

The Annual General Meeting of Western Uranium Limited will be held at the Rydges Hotel, Cnr Hay Street and King Street, Perth, Western Australia at 4.00pm (WST) on 16th November 2007.

Download the Notice of General Meeting PDF

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27 July 2007

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23 May 2007

Drill Rig Availability

Prairie Downs Metals Ltd, Colonial Resources Limited and Western Uranium Limited operate out of the same offices and use the same technical team. Among other benefits, the combined companies’ drilling budget for both RC and diamond is substantial and therefore of interest to drilling service providers in a market of very high demand and limited drill rig availability.

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17 May 2007

African Uranium Initiative

Western Uranium Limited is pleased to announce that it has entered into an agreement with Mr Franco Bonavia and Mr Bill Peters (“Consultants”) to assist in the identification and acquisition of advanced uranium exploration projects in Africa.

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26 April 2007

Quarterly Report March 2007

The directors of Western Uranium Limited are pleased to present the Quarterly Report for the period ended 31 March 2007.

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21 February 2007

J/V Agreement for Jillary Uranium Project

Western Uranium has today signed a Joint Venture (JV) agreement with Prairie Downs Metals Ltd to explore the Jillary Uranium Project in Western Australia.

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15 February 2007

Coppermine Bore Project - Assay Results

This first drill program at Coppermine Bore comprised 12 holes for a total of 1,152 metres.

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31 January 2007

Quarterly Report for the period ended December 2006

The directors of Western Uranium Limited are pleased to present the Quarterly Report for the period ended 31 December 2006.

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30 November 2006

Drilling Commenced - Coppermine Bore

RC Drilling commenced today at Coppermine Bore.

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31 October 2006

Quarterly Report for the period ended September 2006

Western Uranium has the right to earn a 50% interest in the Coppermine Bore Project from Prairie Downs Metals through expenditure of $1 million...

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19 October 2006

Exploration Update - Coppermine Bore

Western Uranium has received the results of a project review that was commissioned in August.

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22 September 2006

Admission to Official List

Western Urannium was admitted to the Official List of Australian Stock Exhange on Friday 22 September 2006.

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25 July 2006

Prospectus

The Prospectus dated 25 July 2006 for Western Uranium Limited closed on 17 August 2006 oversubscribed.

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