Western Lithium USA Corporation

Western Lithium USA Corporation

March 31, 2011 16:42 ET

Western Lithium Appoints Two Vice Presidents and a Director and Reports on Results of Annual Meeting

RENO, NEVADA--(Marketwire - March 31, 2011) - Western Lithium USA Corporation (TSX:WLC)(OTCQX:WLCDF) (the "Company") held its Annual General Meeting of Shareholders on March 31, 2011. The Company's shareholders approved all matters brought before them at the meeting, including the resolution to elect Terry Krepiakevich as a member of the Board of Directors.

Mr. Krepiakevich has been the Chief Financial Officer of SouthGobi Resources Ltd., since July 2006, he has been a Director of Alexco Resources Corp., a TSX and NYSE-listed mineral resources company, since July 2009. He was previously the Chief Financial Officer of Extreme CCTV Inc., a formerly TSX-listed company (since acquired), from November 2000 to July 2006 and was also a Director from June 2001 to July 2006. Mr. Krepiakevich was the Chief Executive Officer and a Director of First Industrial Capital Corp. from September 1997 to March 2004. Mr. Krepiakevich is a Chartered Accountant, certified by the Institute of Chartered Accountants of British Columbia in December 1979. He received his Bachelor of Arts from the University of British Columbia in 1974.

The Company is also pleased to announce the appointment of Brian Bergot as Vice President, Investor Relations, effective April 18, 2011 and Tracy Hansen as Vice President effective March 17, 2011.

Mr. Bergot brings 20 years of experience in the natural resources sector, 10 years of which have been focused in the investor relations field. He comes to the Company from Taseko Mines, which owns and operates the Gibraltar Mine, the second largest open-pit copper mine in Canada. As Manager, Investor Relations, he was instrumental in expanding the company's shareholder base in the North American and European markets. Prior to his career in mining, Mr. Bergot spent 14 years at Methanex Corporation, a $3 billion BC-based chemical company.

Ms. Hansen was appointed Corporate Secretary of the Company in January 2010 and was recently appointed Corporate Secretary of Western Uranium Corp. Ms. Hansen is a securities paralegal with over 15 years of experience in providing regulatory and management services to public and private companies, primarily in mining and resource development.

Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world's largest(1) strategic, scalable and reliable sources of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles.

  1. Western Lithium has completed National Instrument 43-101 resource estimates on two portions of the property, one of which is envisioned for the initial stage of mine development. These resources cover part of the mineralization from a historical estimate of 11 million tonnes of lithium carbonate equivalent (LCE) prepared by Chevron Resources Corp. in the 1980s that encompasses all of the King's Valley lithium lens deposits identified to date, and ranks in size behind deposits in Bolivia (47 million tonnes LCE), Chile (37 million tonnes LCE), North Carolina (14 million tonnes LCE) and the DRC (12 million tonnes LCE). Source: R. Keith Evans, 2010; Roskill Information Services Ltd., 2009; and company disclosures. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources under National Instrument 43-101, the Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

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

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