0001213900-23-043725 Sample Contracts

SHAREHOLDER RIGHTS PLAN AGREEMENT
Shareholder Rights Plan Agreement • May 30th, 2023 • Western Uranium & Vanadium Corp. • Miscellaneous metal ores • Ontario

This shareholder rights plan agreement, dated as of May 24, 2023 (the “Effective Date”), is between Western Uranium & Vanadium Corp., a corporation existing under the Business Corporations Act (Ontario) (the “Corporation”) and Capital Transfer Agency ULC, a trust company existing under the laws of British Columbia, as rights agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).

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