Friday, February 24, 2006

Western Silver to be Acquired By Glamis

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 24, 2006--Western Silver Corporation (TSX:WTC - News; AMEX:WTZ - News) and Glamis Gold Ltd. (TSX:GLG - News; NYSE:GLG - News) today announced an agreement whereby Glamis will acquire, through an agreed plan of arrangement, all outstanding shares of Western Silver for a total consideration of approximately C$1.2 billion, or approximately US$1.0 billion.

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