Date: Oct 8, 2018

Western Uranium Corporation (CSE: WUC) (OTCQX: WSTRF) (“Western” or the “Company”) is pleased to announce that it has completed its name change to Western Uranium & Vanadium Corp. (the “New Name”). The name change was previously announced in a press release issued by the Company on September 27, 2018. The change to the New Name was implemented by the board after having obtained shareholders’ approval at the Company’s Annual General and Special Meeting held in New York City on June 29, 2018.The Company begins trading on the CSE and OTCQX under the New Name effective today October 4, 2018. The trading symbols for the common shares of the Company remain the same: “WUC” (CSE) and “WSTRF” (OTCQX). As a result of this change of Western’s corporate name, the Company’s filings on SEDAR and SEC EDGAR will be found under the New Name.

Mr. George Glasier, President and CEO of Western, commented as follows: “We are very excited to officially launch our new name “Western Uranium & Vanadium Corp.” This name change is reflective of Western’s significant vanadium resource holdings and the business opportunities derived from the increased global demand for vanadium in high-strength steel and vanadium flow battery applications.”

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