Western Uranium Corporation Announces Brokered Private Placement for Western Lithium Corporation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Western Uranium Corporation ("WUC") (TSX VENTURE:WUC) is pleased to announce
that Haywood Securities Inc. (the "Agent") has agreed to act as the exclusive
agent to Western Lithium Corporation (the "Company"), WUC's wholly owned
subsidiary, in respect of a brokered private placement offering, on a best
efforts basis of up to 12,000,000 million common shares of the Company. The
shares will be offered at a price of $0.50 per share for gross proceeds of up to
$6,000,000. Proceeds of the offering will be used for exploration and
development of the Company's mineral projects, for general working capital, and
repayment of a loan from WUC.


The shares will be offered to qualified purchasers in British Columbia, Alberta,
Ontario and such other jurisdictions as may be agreed upon between the Company
and the Agent. The Agent will receive a commission equal to 3.5% of the gross
proceeds of the offering.


Closing of the offering is conditional on the concurrent closing of the proposed
spin-out of the Company by WUC, pursuant to a Plan of Arrangement and the
Company meeting all minimum listing requirements of the TSX Venture Exchange
(the "Exchange") at closing, including Exchange approval of the subscribers to
the private placement. Provided the Plan of Arrangement is approved by WUC's
shareholders and the Company's shares are approved for listing on the TSX
Venture Exchange, the Company will become a publicly traded entity on the TSX
Venture. Provided the Company becomes publicly listed the shares will be subject
only to a 4 month hold period.


The Company is also pleased to announce that it has appointed Eduard Epshtein as
the Company's Chief Financial Officer effective May 12, 2008.


On behalf of the Board of Western Lithium Corporation

Pamela J. Klessig, President & Director

Western Lithium Corporation is a mineral exploration and development company
with a focus on lithium. The Company has an exploration property in Kings
Valley, Nevada through a lease option arrangement with Western Energy
Development Corp; a 100% wholly owned US subsidiary of Western Uranium
Corporation. The Company has its head office in Vancouver, Canada; and its
executive management team in based in Reno, Nevada.


This press release does not constitute an offer to sell or solicitation of an
offer to sell any of the securities in the United States. The securities have
not been and will not be registered under the United States of to U.S. Persons
Securities Act of 1933, as amended (the "US Securities Act") or any state
securities laws and may not be offered or sold within the United States or to
persons unless registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is available.


Forward-looking statements: This document may contain statements about expected
or anticipated future events and financial results that are forward-looking in
nature and, as a result, are subject to certain risks and uncertainties, such as
general economic, market and business conditions, the regulatory process and
actions, technical issues, new legislation, competitive and general economic
factors and conditions, the uncertainties resulting from potential delays or
changes in plans, the occurrence of unexpected events, and the Company's
capability to execute and implement its future plans. Actual results may differ
materially from those projected by management. For such statements, we claim the
safe harbour for forward-looking statements within the meaning of the Private
Securities Legislation Reform Act of 1995.