WSTN SIERRA RESOURCE CRP - WSRC STOCK NEWS

Western Sierra Resource Corporation (OTC PINK:WSRC) provided a shareholder update on January 24, 2023, highlighting its repositioning as a multifaceted natural resource entity. WSRC acquired Mitigation Solutions, LLC (MSL) in September 2022, enabling engagement in a $1.5 - $2 billion Twitchell Dam mitigation project, expected to yield $200 million annually over the next decade. The company is also pursuing projects in industrial hemp and mining, including a $12 million processing facility for gold and silver. Despite prior funding delays, WSRC is securing up to $28 million for project financing and is optimistic about future growth and revenue generation.

Western Sierra Resource Corporation (OTC PINK:WSRC) has mobilized its wholly owned subsidiary, Mitigation Solutions, LLC, to stabilize Twitchell Dam in response to severe storms causing record rainfall and flooding in California. This emergency effort aims to prevent the dam from overtopping by relieving pressure and allowing safe discharge operations. The activities began last week and will continue for approximately 60 days, contingent on weather conditions, with regular updates provided on the company's website and social media platforms. Founded in 1907, WSRC has a legacy in mining and a diversified vision including resources like water rights and renewable projects.

Western Sierra Resource Corporation (OTC:WSRC) announced a binding agreement valued at $1.976 billion with the Santa Maria Valley Water Conservation District. This contract focuses on restoring the Twitchell Dam and Reservoir, costing between $1.5 billion and $2 billion over an estimated 7 to 10 years. The company anticipates average annual gross revenue of $200 million from the project. Phase I operations are set to begin within seven days, supported by $40 million in equipment financing and a $150 million line of credit.

Western Sierra Resource Corporation (OTC PINK:WSRC) announced a significant project on September 17, 2022, through its subsidiary, Mitigation Solutions, LLC (MSL). The company secured a $1.976 billion agreement with the Santa Maria Valley Water Conservation District for the mitigation of the Twitchell Dam and Reservoir.

Projected to last 7-10 years, this project is estimated to generate $200 million annually, bolstering the company’s ability to fund other initiatives without incurring debt or dilution.

Western Sierra Resource Corporation (OTC:WSRC) has completed the acquisition of Mitigation Solutions, LLC (MSL), enhancing its capabilities in natural resource management. This stock and cash deal allows WSRC to address water contamination and dam stabilization. MSL's first project, backed by FEMA funding, focuses on the Twitchell Dam and requires 7-10 years for completion. The company will also benefit from MSL's experienced management team, which includes experts in disaster response. Funding and equipment are secured to expedite project initiation.

Western Sierra Resource Corporation (OTC PINK: WSRC) has finalized a $25 million funding agreement with Beton Inc., combining debt and equity financing without diluting shareholder value. The funding aims to leverage WSRC's land and water assets for cultivating industrial hemp and manufacturing hemp-based construction materials. The company plans to retire existing debt, fund various projects, and possibly generate significant revenue from precious metal recovery and helium production. This partnership aligns with a commitment to environmental stewardship and economic benefits for local communities.

Western Sierra Resource Corporation (OTC PINK:WSRC) has announced it will refile its FORM 10 REGISTRATION after receiving SEC feedback on its December 31, 2021 audit. The company aims to become a full SEC reporting entity, filing 10-K, 10-Q, and 8-K forms. Additionally, WSRC is negotiating a private funding deal that could provide up to $25 million to support operations and retire debt. Initial funding of $10 million is anticipated within 60 days. The funds will support various projects, including hemp cultivation and precious metals recovery.

Western Sierra Resource Corporation (OTC: WSRC) announced plans to refile its FORM 10 Registration Statement after completing its year-end audit for December 31, 2021. This audit, initiated on January 17, 2022, is a prerequisite for SEC approval, which will enable WSRC to become a full reporting company. The benefits include expanded trading capabilities and increased market awareness. Third Quarter Audited Financials reported revenues of $1,202,800 and total assets of $50.1 million. WSRC intends to pursue a listing on a Listed Exchange to enhance stock visibility and attract new investment opportunities.