Western Resources (WRX.TO) Action Cours

Western Resources Corp. engages in the business of acquisition, exploration, and development of potash mineral properties. The company is headquartered in Vancouver, British Columbia and currently employs 35 full-time employees. The company went IPO on 2008-05-06. The firm is mainly focused on the development of its Milestone potash project (the Milestone Project) in Canada owned by its subsidiary, Western Potash Corp. (Western Potash). The Milestone Project is located approximately 30 kilometers southeast of Regina in Saskatchewan, Canada. The project includes approximately 87,500 acres of Crown held Mineral Leases and approximately 60,000 acres of acquired Freehold Leases. The Milestone Project is constructing Phase I of a potash mine. The Company’s subsidiary, Western Garden Properties (WGP), is engaged in real estate investments in the Greater Vancouver Area (GVA). WGP is focused on two main sectors: equity investment and capital lending. The firm has no mineral production that yields any revenue.