Western Uranium & Vanadium adopts Shareholder Rights Plan

May 26, 2023

Toronto, Ontario and Nucla, Colorado , May 26, 2023 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) is pleased to announce that its Board of Directors has adopted a shareholder rights plan agreement (the “Plan”). While the Plan is effective immediately, its continuance is subject to Western obtaining shareholder approval at our annual general and special meeting (the “AGM”) to be held on June 29, 2023.

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