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Western Uranium & Vanadium Announces Results of AGM and Appoints New Transfer Agent

Shareholder Meetings

June 30, 2025

Western Uranium & Vanadium Announces Results of AGM and Appoints New Transfer Agent

FOR IMMEDIATE RELEASE.

Toronto, Ontario and Nucla, Colorado- 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 27, 2025.

Proxy votes were cast for common shares representing approximately 51% of the issued and outstanding common

shares of the Company as at the record date for the Meeting. Each of the other matters put forward before shareholders

for consideration and approval at the Meeting, as desc ribed in the Company's management information circular dated

May 22, 2025, was duly approved by the requisite number of votes.

Re-Election of Directors

At the Meeting, the shareholders re -elected all of the directors proposed by management of the Company, namely,

George Glasier, Bryan Murphy, Andrew Wilder and Michael Skutezky.

Re-Appointment of Auditor

The shareholders re-appointed MNP LLP as auditor of the Company for the ensuing year and authorized the board of the

Company to fix the remuneration of the auditors.

Re-Appointment of Officers

Subsequent to the Meeting, the following management re -appointments were confirmed for the ensuing year: George

Glasier, President and Chief Executive Officer; Robert Klein, Chief Financial Officer; Michael Rutter, Chief Operating

Officer; and Denis Frawley, Corporate Secretary.

The newly-elected Board re-appointed the following chairs: Bryan Murphy as Chairman of the Board; Andrew Wilder as

Chairman of the Audit Committee; and Michael Skutezky as Chairman of the Governance, Nominating and

Compensation Committee . Each of the Audit Committee Governance, and the Gover nance, Nominating and

Compensation Committee are comprised of three independent directors, namely Bryan Murphy, Andrew Wilder, and

Michael Skutezky.

Appointment of New Transfer Agent

Western’s announces that it has appointed Odyssey Trust Company (" Odyssey") as the registrar and transfer agent for

the Company's common shares replacing Capital Transfer Agency ULC (”CTA”). T here was no change to the CUSIP

number of Western’s common shares as a result of the change of registrar and transfer agent. Going forward, inquiries

and correspondence relating to shareholders' records should be directed to Odyssey at www.odysseytrust.com/contact.

In addition, Odyssey has replaced CTA as rights agent under the shareholder rights plan agreement of the Company

dated May 24, 2023.

Shareholders need not take action in respect of the change in transfer agent and rights agent.

About Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. is ramping -up high-grade uranium and vanadium production at its Sunday Mine

Complex. In addition to the flagship property located in the prolific Uravan Mineral Belt, the production pipeline also

includes conventional projects in Colorado a nd Utah. The Mustang Mineral Processing Site is being licensed and

developed for mined material recovery and will incorporate kinetic separation to optimize economics.

Cautionary Note Regarding Forward -Looking Information: Certain information contained in this news release

constitutes “forward-looking information” or “forward -looking statements” within the meaning of applicable securities

laws (collectively, “forward-looking statements”). Statements of that nature include statements relating to, or that are

dependent upon: the Company’s expectations, estimates and projections regarding the Offering and exploration and

production plans and results; the timing of planned activities; whether the Company can raise any additiona l funds

required to implement its plans; whether regulatory or analogous requirements can be satisfied to permit planned

activities; and more generally to the Company’s business, and the economic and political environment applicable to its

operations, assets and plans. All such forward-looking statements are subject to important risk factors and uncertainties,

many of which are beyond the Company’s ability to control or predict. Please refer to the Company’s most recent

Management’s Discussion and Analysis , as well as its other filings at www.sec.gov and/or www.sedarplus.com, for a

more detailed review of those risk factors. Readers are cautioned not to place undue reliance on the Comp any’s

forward-looking statements, and that these statements are made as of the date hereof. While the Company may do so,

it does not undertake any obligation to update these forward-looking statements at any particular time, except as and to

the extent required under applicable laws and regulations.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

George Glasier

President and CEO

970-864-2125

[email protected]

Robert Klein

Chief Financial Officer

908-872-7686

[email protected]