Western Sierra Resource Corp (WSRC)

[BigEYEz]

Approved mitigation contractors begin the scope of work defined in the executed agreements... then submit requests to FEMA and other federal and state agencies for reimbursement.

Under a Federal Disaster Declaration (issued by President Biden last week), federal funds to approved contractors (think FEMA) are available for immediate reimbursement upon successful completion of milestones.

Essentially, $WSRC / MSL will be paid for accomplished milestones by FEMA immediately upon submission of reimbursement requests... not 60-90 days later as would be the case if a Federal Disaster Declaration had not been declared.