Western Uranium & Vanadium Corp. Announces Results of Annual General and Special Meeting

Rhea-AI Summary

Western Uranium & Vanadium Corp. (CSE: WUC, OTCQX: WSTRF) successfully conducted its Annual General and Special Meeting on June 30, 2022, with approximately 40.4% of common shares voting in favor of all resolutions. Shareholders elected directors George Glasier, Bryan Murphy, and Andrew Wilder, and re-appointed MNP LLP as the Company’s auditor. The Board confirmed key management roles, including re-appointing Glasier as President and CEO. The Company is focused on low-cost uranium and vanadium production in the Western U.S.

Positive

• Shareholders approved all resolutions with significant support.
• Election of experienced directors who are familiar with the company's operations.
• Re-appointment of MNP LLP as auditor reflects shareholder confidence.
• Key management roles confirmed, ensuring stability in leadership.

Negative

• None.

Toronto, Ontario and Nucla, Colorado, July 01, 2022 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce the results of the Company’s Annual General and Special Meeting of shareholders (the “Meeting”) held in Nucla, Colorado on June 30, 2022.

Proxy votes were cast for common shares representing approximately 40.4% of the issued and outstanding common shares of the Company as at the record date for the Meeting. The shareholders approved all resolutions submitted for their consideration at the Meeting, each such resolution being approved by a margin significantly in excess of a two-thirds of the votes cast for the Meeting.

Election of Directors

At the Meeting, the shareholders elected all of the directors proposed by management of the Company, namely, George Glasier, Bryan Murphy, and Andrew Wilder.

Appointment of Auditor

The shareholders re-appointed MNP LLP as auditor of the Company for the ensuing year, and authorized the Board to fix the auditor’s remuneration.

Board Meeting

At a meeting of the newly-elected Board immediately following the shareholders' Meeting, the Board re-appointed Bryan Murphy as Chairman of the Board and re-appointed Andrew Wilder as Chairman of the Audit Committee.

At the same meeting of the Board, the following management appointments were confirmed for the ensuing year: George Glasier, President and Chief Executive Officer; Robert Klein, Chief Financial Officer; and Denis Frawley, Corporate Secretary.

About Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. is a Colorado based uranium and vanadium conventional mining company focused on low cost near-term production of uranium and vanadium in the western United States, and development and application of kinetic separation.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

George Glasier
President and CEO
970-864-2125
gglasier@western-uranium.com

Robert Klein
Chief Financial Officer
908-872-7686
rklein@western-uranium.com

FAQ

What were the key outcomes of the Western Uranium & Vanadium Corp. Annual Meeting on June 30, 2022?

All resolutions were approved by shareholders, and directors George Glasier, Bryan Murphy, and Andrew Wilder were elected.

What percentage of shares voted at the Western Uranium & Vanadium Corp. meeting?

Approximately 40.4% of the issued and outstanding common shares voted.

Who were re-appointed to management positions at Western Uranium & Vanadium Corp.?

George Glasier was re-appointed as President and CEO, and Robert Klein as CFO.

Who is the auditor for Western Uranium & Vanadium Corp. following the meeting?

MNP LLP was re-appointed as the auditor for the company.

What is the focus of Western Uranium & Vanadium Corp.?

The company focuses on low-cost near-term production of uranium and vanadium in the western United States.