Mr. John Ulmer reports

WESTERN MAGNESIUM ANNOUNCES DATE FOR ANNUAL GENERAL MEETING OF SHAREHOLDERS

Western Magnesium Corp.'s next annual general meeting of shareholders will be held on March 7, 2023.

The July 25, 2022, Aug. 3, 2022, and Sept. 1, 2022, AGMs were cancelled due to significant milestones that required additional time to complete which were relevant for discussions with shareholders.

Western Magnesium has engaged Morrow Sodali as its proxy solicitation agent for the AGM. Morrow Sodali is a leading provider of strategic advice and shareholder services to corporate clients worldwide.

About Western Magnesium Corp.

Western Magnesium's goal is to be a low-cost producer of green, primary magnesium, metal, a strategic commodity prized for its strength and light weight. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labour and energy costs relative to current methods and processes, while being environmentally friendly.

We seek Safe Harbor.