Western Resources Corp.
WTRNF
Other OTC0.00
USD
- -
- -
ISIN
CA95942C1041
CUSIP
95942C104
Return %
Stock
S&P500
1Y
-90.91
18.86
3Y
-99.27
64.57
5Y
-99.18
71.65
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Wenye Xue
- Full Time Employees
- 42
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 666 Burrard Street Vancouver BC Canada V6C 1H2
- IPO Date
- Apr 17, 2014
- Website
- westernresources.com
- Similar Companies
- Business
- Western Resources Corp engages in the acquisition, exploration, and development of potash mineral properties primarily in Canada through its wholly owned subsidiary, Western Potash Corp. Its core asset is the Milestone Project located approximately 30 kilometers southeast of Regina in Saskatchewan, Canada, focused on testing and optimizing a horizontal solution mining method designed to enable environmentally friendly and economically efficient potash extraction. The company's principal products and services include potash mining and exploration activities aimed at potash production with an innovative mining technology model, alongside investments in Canadian real estate projects. Founded in 2017 and headquartered in Vancouver, British Columbia, Western Resources operates mainly in the materials and mining sector targeting industrial metals and minerals markets. Recent major developments include ongoing operational and financial challenges highlighted by a management cease trade order issued in early 2025, reflecting liquidity constraints. Western Resources Corp continues to provide bi-weekly status updates regarding this cease trade order. In 2023, Western Potash secured CAD 10 million in exchangeable debentures from its majority shareholder, Vantage Chance Limited, to enhance readiness of the Milestone Phase 1 Project. Vantage Chance Limited holds a controlling interest of approximately 54% in Western Resources. The company suspended site operations of the Milestone Phase 1 Project in May 2024 as it re-evaluates project execution amid financial pressures. Western Resources has been advancing its potash extraction technology through the Milestone Project phases, focusing on innovative horizontal solution mining techniques targeting Saskatchewan potash deposits with expected long-life mining operations of approximately 40 years. The company’s strategic focus remains on developing potash resources with environmental sustainability and operational efficiency, reinforced by its geographic operations concentrated in Saskatchewan, Canada. Western Resources continues to navigate financial restructuring challenges while pursuing its long-term asset development and commercialization goals within the mining sector. This description reflects Western Resources Corp's current business, product offerings, geographical focus, and recent strategic and operational changes as of late 2025.
Western Resources Corp. Announces Cease Trade Order
Western Resources Corp. Provides Bi-weekly MCTO Status Update
Western Resources Corp. Provides Bi-weekly MCTO Status Update
Western Resources Corp. Provides Bi-weekly MCTO Status Update
Western Resources Corp. Provides Bi-weekly MCTO Status Update
Western Resources Corp. Receives Management Cease Trade Order
Western Resources Corp. Announces Application for Management Cease Trade Order
Western Resources Reports AGM Results