Western Uranium Corporation

Western Uranium Corporation

November 09, 2010 08:30 ET

Western Uranium Appoints Senior Financial Analyst

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2010) - Western Uranium Corporation (TSX VENTURE:WUC)  ("WUC" or the "Company") is pleased to announce the appointment of Toby Mayo as Senior Financial Analyst.

Mr. Mayo has fifteen years of comprehensive and varied experience in the mining and metals sector. He began his career with Rio Tinto as an Exploration Geologist. Prior to joining Western Uranium Corp., Mr. Mayo worked as a Senior Technical Advisor and Consultant at Ivanhoe Mines Ltd., and was most recently an Advisor at Golder Associates Ltd.

Mr. Mayo possess financial, commercial, technical, project management and legal skills, with experience completing techno-economic and transaction-related studies of international mining and metals projects. He has worked worldwide with geological and management teams on major metallurgical exploration projects, for both blue chip and junior companies. His experience includes mineral exploration, due diligence, project evaluation and asset valuation, covering commodities as diverse as uranium, industrial minerals, precious metals, ferrous- and non-ferrous base metals, diamonds and refined metallurgical products. Mr. Mayo has worked extensively with major financial institutions, funds, commodities traders and private equity firms assisting with public equity offerings, project debt financing, mergers, acquisitions and divestitures.

Mr. Mayo holds an Honours Degree in Law from the University of London and an Honours Degree in Geology from the University of Edinburgh. He is currently enrolled in the CFA Program.

About the Company

Western Uranium Corporation is a mineral exploration company with properties in Argentina, Nevada, and New Mexico and 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.

On behalf of the Board of
Western Uranium Corporation

"Pamela J. Klessig"

Pamela J. Klessig
President & CEO

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless an exemption from such registration is available.

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.

Contact Information