TORONTO and NUCLA, Colo., Oct. 06, 2017 (GLOBE NEWSWIRE) -- Western Uranium Corporation (CSE:WUC) (OTCQX:WSTRF)
(“Western” or the “Company”) announces that it has granted an aggregate of 825,000 options (“Options”) to purchase common shares to
a number of officers and directors of Western under the Company’s Incentive Stock Option Plan. Each option is exercisable to
acquire one common share at an exercise price of CAD$1.60 for a five-year term. The Options vest equally in three installments
beginning on the date of grant and thereafter on October 31, 2017, and March 31, 2018.
About Western Uranium Corporation
Western Uranium Corporation 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 ablation mining
technology.
FORWARD LOOKING STATEMENTS AND CAUTIONARY NOTE
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and
projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future
performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results
may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such
statements. Statements speak only as of the date on which they are made.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
George
Glasier
President and CEO
Office:
970-864-2125
gglasier@western-uranium.com
Russell Fryer
Executive Chairman
Office: 203-340-5633
rfryer@western-uranium.com
