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WESTERN SIERRA RESOURCE CORPORATION (OTC: WSRC) announced that its FORM 10 REGISTRATION Statement will take effect in 30 days, enabling it to operate as an SEC full reporting company. This change allows additional broker-dealers to trade WSRC shares and enhances market visibility. WSRC aims for a listing on a recognized exchange, increasing stock exposure and investment opportunities. The FORM 10 includes PCAOB Audited Financials revealing $1,202,800 in revenue for the first nine months of 2021 and total assets of $50.1 million. WSRC is diversifying into various natural resources, including helium and renewable energy technologies.
Western Sierra Resource Corporation (OTC: WSRC) has filed a FORM 10 REGISTRATION Statement with the SEC, allowing it to potentially become a full reporting company. This move is expected to attract more broker dealers and increase market awareness. The filing includes PCAOB Audited Financials indicating Q3 2021 revenues of $1.2 million and total assets of $50.1 million. WSRC plans to uplift to the OTCQB tier or a Listed Exchange, expanding investment opportunities. The company is involved in multiple projects including precious metal recovery, water infrastructure for hemp cultivation, and helium exploration.
Western Sierra Resource Corporation (OTC: WSRC) announced the filing of a provisional patent for the Mystere Power Group (MPG) Thermal Battery on November 6, 2021. This innovative thermal-electric battery, designed for a 50-year lifespan, aims to efficiently convert stored heat into electricity, providing clean energy solutions for rural communities. The global renewable energy market is projected to grow significantly, reaching $1,977.6 billion by 2030, positioning WSRC as a key player in this sector. The company is also collaborating with Global Hemp Group Inc. to utilize its water assets for hemp cultivation.
Western Sierra Resource Corporation (OTC: WSRC) reported a Quarterly Report for September 30, 2021, with income from water asset utilization fees totaling $1,202,800 and total assets amounting to $50.1 million. The company aims to enhance its multi-dimensional resource endeavors, including precious metals, industrial hemp cultivation, and helium exploration. WSRC's collaboration with Global Hemp Group aims to establish a Hemp Agro-Industrial Zone in Northwest Colorado. The global market for precious metals is expected to reach $403.08 billion by 2028, highlighting growth potential.
Western Sierra Resource Corporation (OTC: WSRC) has announced significant advancements in its Mystere Power Group (MPG) technologies. The company is patenting three innovative systems: a retrofit HVAC system that boosts efficiency by up to 50%, a multi-fuel steam engine with enhanced torque and efficiency, and a thermal-electric battery designed for sustainable power storage. These technologies are expected to integrate with the planned Hemp Agro-Industrial Zone (HAIZ) in Colorado, which aims to revolutionize hemp cultivation and product manufacturing while promoting sustainable practices.
Western Sierra Resource Corporation (OTC: WSRC) successfully completed audits for its financial statements for the years ending December 31, 2019, and December 31, 2020. Conducted by BF Borgers CPA PC, the audits indicate total assets of $47.4 million as of December 31, 2020, and $49.6 million as of June 30, 2021. The company is preparing to file a Form S-1 registration statement, reaffirming no new shares will be issued. WSRC aims to become a NASDAQ-listed company and continues its focus on multi-dimensional natural resource and renewable energy projects.
Western Sierra Resource Corporation (OTC: WSRC) has announced a strategic partnership with International Monetary to enhance its investor awareness and identify growth opportunities. CEO Roger Johnson emphasized the importance of this collaboration for capital sourcing and project expansion. Established in 1907, WSRC focuses on precious metals and recently expanded into natural resources, acquiring significant water rights and a 70% stake in Silver State Mining Group. The company aims to develop a $10 million processing facility for mineral extraction.
Western Sierra Resource Corporation (OTC: WSRC) has announced significant updates regarding its financial and project developments. In August 2021, the company made cash principal reductions of $1,066,709.22 to creditors. Notably, WSRC acquired or contracted 875 acres for the Hayden HAIZ project, partnering with Global Hemp Group, involving a $40 million investment in water and infrastructure for hemp cultivation. Additionally, the company is advancing energy conservation technologies and the Sage Hen Mining Project, with $2.5 million allocated for further development. The Helium Joint Venture is expanding into oil and gas exploration.
Western Sierra Resource Corporation (OTC: WSRC) announced a significant increase in projected net annual revenues from $3.2 billion to $4.6 billion based on a recent Assay Review that indicates a 69% recovery rate increase for their mineral-rich Sage Hen mine. An expansion of the mine boundary by 660 acres now totals 1300 acres, ensuring over 200 years of material at a production capacity of 1100 tons per day. The company engages Site Works Logistics as a partner for the development of a pilot plant, with ongoing testing aimed at optimizing recovery protocols for precious metals.
Western Sierra Resource Corporation (OTC: WSRC) has completed planning for the Colorado Hemp Agro-Industrial Zone (HAIZ), after acquiring a 44.84-acre property for $1.4 million on June 15, 2021. The project aims to build a 20,000 sq. ft. facility to process hemp and create hemp-based building materials for affordable housing. Potential revenue from the development could exceed $250 million over five years, with annual revenues of $6.2 million per 100 homes and $10.4 million per 1,000 acres of hemp cultivation.
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