Western Magnesium Corporation appointed Robert Ramsey Hamady, a seasoned financial executive, to the role of Chief Financial Officer (CFO) of the Company. Mr. Hamady brings decades of experience as a finance professional with global expertise. As an investment banker, principal investor and fund manager, he has led advisory, investments, acquisitions and divestments across diverse geographies spanning North America, Latin America, Europe, the Middle East, and Africa.

Mr. Hamady will lead Western Magnesium's global finance operations. He brings a wealth of experience to the role accumulated while executing over $30 billion of successful transactions during the past 25 years. Mr. Hamady has worked with leading financial institutions including JPMorgan, Habboush Group, Lehman Brothers, Gulf Capital, and Cambridge Place Investment Management.

He has transacted across diverse industries including technology, metals and mining, energy, infrastructure, manufacturing, telecom, healthcare, and others. He is an expert in global special situations, complex structuring, and financial optimization. Mr. Hamady is a proud graduate of Carnegie Mellon University with a Bachelor of Science degree.

Western Magnesium would like to extend its gratitude to Ms. Kim Evans for her invaluable contribution as Mr. Hamady's predecessor to the CFO leadership position.