Western Lithium USA Corporation

Western Lithium USA Corporation

October 20, 2008 08:30 ET

Western Lithium Canada Corporation Announces Appointment of President

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 20, 2008) - Western Lithium Canada Corporation ("Western Lithium" or the "Company") (TSX VENTURE:WLC) is pleased to announce the appointment of Jay Chmelauskas as its new President, effective immediately. Mr. Chmelauskas was most recently President and CEO of Jinshan Gold Mines, Inc. In this position he successfully managed and led the company during all phases of the commissioning of one of China's largest open pit gold mines. In addition to his considerable experience in the exploration, development, and mining industry, Jay has held key positions with companies in the chemical manufacturing industry, including Lead Analyst with Methanex Corporation where he was involved with a $250 million chemical plant expansion in Chile. His experience in both the chemical and mining industries makes Mr. Chmelauskas extremely well suited to lead Western Lithium forward during the near term phases of development, product marketing and production.

Mr. Chmelauskas has a Bachelor of Applied Science in Geological Engineering, University of British Columbia and a Master of Business Administration, Queen's University. The Company has granted Mr. Chmelauskas options to acquire 1.5 million common shares of the Company at a price of $0.45 per share. Options to acquire 1.0 million common shares will vest over a period of 18 months in accordance with the minimum vesting requirements of the Company's stock option plan. Options to acquire the remaining 500,000 common shares will vest in two tranches, with the first tranche vesting 2 years from the date of grant and the second tranche vesting on the third year from the date of grant.

In addition to Mr. Chmelauskas' appointment, the Company has appointed Dennis Bryan as Senior Vice President of Development. Mr. Bryan has been actively associated with the Company's lithium exploration and development project for the past 12 months in the role as Project Consultant.

Mr. Bryan brings over 35 years of experience to Western Lithium from the industrial minerals industry. Mr. Bryan has been involved in all aspects of the industrial minerals field including exploration, product marketing, and mine development. Mr. Bryan holds a Bachelor of Science in Geological Engineering from the South Dakota School of Mines and Technology and a Master of Science, Geology from the Mackay School of Mines, University of Nevada. Mr. Bryan was previously granted options to acquire 500,000 common shares of the Company at a price of $0.50 per share, which options vest in accordance with the minimum vesting requirements of the Company's stock option plan, as described above.

Effective immediately, Pamela Klessig will resign as President. Ms. Klessig will continue to serve as a Director of Western Lithium Canada Corporation and as President and CEO of Western Uranium Corporation, an affiliate of the Company. The Company thanks Ms. Klessig for her work over the past 18 months in advancing the project and Company to the current state of development.

On behalf of the Board of Western Lithium Canada Corporation

Edward Flood, Chairman

Western Lithium Corporation is a mineral exploration and development company with a focus on lithium. The company has an exploration property in Kings Valley, Nevada through a lease option agreement with affiliate Western Uranium Corporation.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved of the contents of this press release.

Contact Information