Wescan Goldfields Inc. issues shares

Stock Symbol: WGF: TSX-V

SASKATOON, Dec. 14 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the "Company") announces that it has issued 502,838 common shares of Wescan pursuant to a shares-for-debt settlement agreement with a service provider.

The shares-for-debt settlement extinguished $80,454.08 of the Company's debt for the issuance of 502,838 common shares at a price of $0.16 per share.

Wescan is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of Wescan trade on the TSX Venture Exchange under the trading symbol "WGF".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Wescan Goldfields Inc.

For further information: For further information: Todd M. Grychowski, Chief Financial Officer at (306) 664-2422

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Wescan Goldfields Inc.

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