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WUC Western Uranium Corp.

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Share Name Share Symbol Market Type
Western Uranium Corp. TSXV:WUC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Western Uranium Proposes Name Change to Concordia Resource Corp.

14/03/2011 8:19pm

Marketwired Canada


Western Uranium Corporation (TSX VENTURE:WUC) ("the Company" or "WUC") is
pleased to announce that the Board of Directors of the Company has approved,
subject to regulatory approval, a change of name of the company to Concordia
Resource Corp.


The proposed change of name reflects the Company's strategy for expansion
through acquisition and exploration globally, and through a shift in focus from
uranium into a more diversified exploration and development company.


As part of this ongoing strategy the company last week completed and announced
the sale to Western Lithium USA Corporation the royalties and titles
constituting substantially all of the Kings Valley uranium property holdings in
Nevada for Cdn$6.85 million, paid through the issue to WUC of 5,855,000 WLC
common shares. The Company retains the Albisu gold project which was delineated
by a regional drill program in 2009.


Furthermore, as part of its growth strategy, the Company last week announced
that Meryllion Minerals, its wholly owned subsidiary , had acquired an option to
purchase the Providencia silver-copper prospect located in Jujuy Province,
Argentina. Meryllion has also acquired an option to purchase the 14,000-hectare
Cerro Amarillo-Cajon Grande copper-gold property located in the Malargue
District, in Argentina. 


ABOUT MERYLLION

Meryllion Minerals is a 100% owned subsidiary of Western Uranium with the
charter to conduct mineral exploration in South America with a primary focus on
precious and base metals. Meryllion also has an option to purchase a 100%
interest in the Cerro Amarillo copper-gold porphyry deposit located in Mendoza
Province, Argentina. Meryllion operates out of offices in Buenos Aires under the
direction of Dr. Willem Fuchter, a PhD geologist with extensive international
experience.


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 Renaissance Gold
Inc. for the Baza gold-copper project in Spain. The Company has its head office
and executive management team in Vancouver, Canada; and its technical team is
based in Reno, Nevada.


On behalf of the Board of Western Uranium Corporation

R. Edward Flood, Chairman

1 Year Western Uranium Corp. Chart

1 Year Western Uranium Corp. Chart

1 Month Western Uranium Corp. Chart

1 Month Western Uranium Corp. Chart

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