Market Cross in Western Warrior Shares Completed



    (TSX Venture: WWR)

    CALGARY, Oct. 1 /CNW/ - Western Warrior Resources Inc. ("Western
Warrior") announced today that Allan Dolan, a director of Western Warrior,
sold 2,000,000 common shares of Western Warrior at a price of approximately
$0.25 per share through the facilities of the TSX Venture Exchange. The
proceeds from this sale will be used to acquire 2,000,000 units ("Units") of
Western Warrior at a price of $0.25 per Unit as part of Western Warriors'
previously announced private placement of up to 8,000,000 Units. Each Unit
will be comprised of one common share and one-half of one common share
purchase warrant. Each whole common share purchase warrant will entitle the
holder to purchase one common share at a price of $0.35 for a period of one
year from closing, provided that if the common shares trade at $0.45 or higher
on a volume weighted average basis over any ten trading day period during the
one year period, the company can give written notice to all warrant holders to
accelerate the expiry date of the warrants to 15 calendar days after the date
of such notice.
    Western Warrior intends to use the proceeds from the private placement to
fund the exploration programs on its Ontario and Manitoba properties, with a
principal focus on its Pipestone Project, as well as for general working
capital purposes.
    Following the sale of 2,000,000 common shares by Mr. Dolan, Mr. Dolan
owns 2,876,737 common shares of Western Warrior, 250,000 share options of
Western Warrior, $1,000,000 principal amount of unsecured convertible
promissory notes (the "Series I Notes") of Western Warrior due March 21, 2008
and $1,000,000 principal amount of unsecured convertible promissory notes (the
"Series II Notes") of Western Warrior due November 24, 2008. Pursuant to the
terms of the Series I Notes, Mr. Dolan has the option, at any time prior to
the full repayment of the principal sum and interest outstanding under the
Series I Notes, to convert the outstanding amount into common shares on the
basis of one (1) common share for each $0.35 of outstanding amount, subject to
certain adjustments. The Series I Notes are due and payable on March 21, 2008
and accrue interest at a rate of seven percent (7%) per annum, compounded
annually, commencing on March 21, 2006. Pursuant to the terms of the Series II
Notes, Mr. Dolan has the option, at any time prior to the full repayment of
the principal sum and interest outstanding under the Series II Notes, to
convert the outstanding amount into common shares on the basis of one (1)
common share for each $0.35 of outstanding amount, subject to certain
adjustments. The Series II Notes are due and payable on November 24, 2008 and
accrue interest at a rate of seven percent (7%) per annum, compounded
annually, commencing on November 24, 2006. The 2,876,737 common shares owned
by Mr. Dolan represent approximately 8.2% of the outstanding common shares of
Western Warrior, based on there being 34,994,426 common shares of Western
Warrior issued and outstanding as of the date hereof. Assuming he exercises
the stock options to acquire 250,000 common shares, converts the full
outstanding amount of the Series I Notes on March 21, 2008 to acquire
3,271,143 common shares, and converts the full Outstanding Amount of the
Series II Notes on November 24, 2008 to acquire 3,271,143 common shares, Mr.
Dolan will own 9,669,023 common shares representing approximately 23.1% of the
outstanding common shares of Western Warrior, based on there being 41,786,712
common shares of Western Warrior issued and outstanding.
    A copy of Mr. Dolan's related early warning report filed with the
applicable securities commissions and further information may be obtained by
contacting Allan Dolan at: Telephone: +44 (0) 7796 973008.

    About Western Warrior: Western Warrior is a Calgary-based,
multi-commodity, mineral exploration company with 100% ownership of properties
in Northern Manitoba, Northwestern Ontario, and Valdez Alaska, encompassing a
total area of more than 402,700 hectares (4,027 km(2)). Western Warrior's
website address is www.westernwarrior.ca.

    To be added to Western Warrior's private email list, please contact
info@westernwarrior.ca.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.





For further information:

For further information: Western Warrior Resources Inc., Grant Hall,
President, Phone: (403) 543-2595, Fax: (403) 543-2599, Email:
Grant@westernwarrior.ca

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WESTERN WARRIOR RESOURCES INC.

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