Western Uranium Discloses Appointment of Investor Relations Consultant
February 25 2011 - 7:30AM
Marketwired
Western Uranium Corporation (TSX VENTURE: WUC) ("WUC" or the
"Company") is pleased to provide the following additional
information concerning the appointment of Karl Cahill as the
Company's investor relations representative, previously announced
February 17, 2011.
Mr. Karl Cahill has spent the last 10 years in the United States
working as a consultant to emerging public technology,
biotechnology and resources companies. He has been responsible for
raising over US $100 million in funds, significantly increasing
shareholder value and generating top tier licensing deals,
partnerships and merger and acquisition opportunities.
Mr. Cahill's career spans 17 years in the public markets. He was
previously Investor Relations Manager for Raptor Pharmaceutical
Corp. Mr. Cahill did his undergraduate studies in Finance at the
University of Westminster in London, England, speaks English,
German and French, and has lived and worked in Europe, Asia and
North America.
Mr. Cahill's appointment is for an initial term of two months
ending March 31, 2011, followed by a six-month term expiring
September 30, 2011. In the absence of 30 days notice of termination
given by either Mr. Cahill or the Company, the arrangement will
then automatically renew for further successive 12 month terms.
Under his agreement with the Company Mr. Cahill will be paid a
gross salary of US$12,500 per month.
In addition, co-incident with his appointment Mr. Cahill was
granted options to acquire 200,000 shares of the Company at C$1.17
per share for a five year period. The options are granted pursuant
to, and will vest in accordance with the terms of, the Company's
stock option plan.
About the Company
Western Uranium Corporation is a mineral exploration company
with properties in Argentina, Nevada, and New Mexico and an earn-in
agreement with AuEx Ventures for the Baza gold-copper project in
Spain. The Company has its head office in Vancouver, Canada; its
executive management team is based in Reno, Nevada.
On behalf of the Board of Western Uranium Corporation
R. Edward Flood, Chairman
The TSX Venture Exchange has neither approved nor disapproved of
the contents of this press release. Neither the TSX Venture
Exchange nor its Regulation Services Provider (as such term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts: Western Uranium Corporation Richard Roy Investor
Relations +1-604-669-6446 info@westernuranium.com
www.westernuraniumcorp.com
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