Western Uranium Corporation

Western Uranium Corporation

April 26, 2010 08:30 ET

Western Uranium Announces Results of AGM Matters

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2010) - Western Uranium Corporation (the "Company") (TSX VENTURE:WUC) announced today that the Company's shareholders approved all matters put to shareholders at the Company's Annual General Meeting held on April 23, 2010 (the "Meeting"). 26,985,185 shares, representing 45.07% of the total number of shares issued and outstanding, were voted at the Meeting. The following matters were approved by the Company's shareholders and have now been implemented by the Board of Directors:

  • R. Edward Flood, Pamela Klessig, Debra Struhsacker, Harry Dobson, and Colin Macdonald were elected to the Board of Directors of the Company;
  • the following Executive Officers of the Company were appointed by the Board of Directors immediately following the AGM:

             R. Edward Flood:  Chairman;
             Pamela Klessig:    President and Chief Executive Officer;
             Eduard Epshtein:  Chief Financial Officer; and
             Eileen Au:           Corporate Secretary; and

  • the Company's shareholders ratified the Company's Stock Option Plan (the "Plan") to grant up to 10% of the number of shares outstanding from time to time as previously filed with the TSX Venture Exchange.

About the Company

Western Uranium Corporation is a mineral exploration company. The Company has exploration properties in Nevada, New Mexico and in the Thelon Basin, Nunavut for uranium and has entered into an earn-in agreement with AuEx Ventures for the Baza gold-copper project in Spain. The Company has its head office in Vancouver, Canada; its executive management team is based in Reno, Nevada. The Company also has a 24% interest in Western Lithium Canada Corporation (WLC). WLC was a spinout from WUC and began trading on the TSX Venture exchange July 2008.

On behalf of the Board of Western Uranium Corporation

Pamela J. Klessig, President & CEO

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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