Western Uranium Corporation Enters into Uranium Concentrates Supply Agreement

Western Uranium Corporation (CSE:WUC) reports that it has entered into a Uranium Concentrates Supply Agreement with a major U.S. Utility. Delivery will begin in 2018 and continue through 2022.
According to the press release:

Production from the Company’s fully-permitted Sunday Mine Complex is expected to commence in 2016.
[…] 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.

Click here to read the full press release.