VANCOUVER, Oct. 2 /CNW/ - Western Canadian Coal Corp (TSX: WTN, WTN.WT
and WTN.DB and AIM: WTN) ("Company") announces that according to AIM Rule 17,
the Company is aware that on behalf of Audley Capital Advisors LLP, Dresdner
Bank AG as at September 30, 2008 owns 39,999,999 shares of the Company, which
represents approximately 19.1% of the Company's common shares outstanding.
These shares were acquired from the conversion of the 8.5% debentures.
As of today, the Company has 209.6 million common shares outstanding.
About Western Canadian Coal
Western Canadian Coal Corp. produces 3.5 million tonnes of high quality
metallurgical coal from three mines- Wolverine, Brule and Willow Creek -
located in the northeast of British Columbia. The company also has interests
in various coal properties in northern and southern British Columbia and a 50%
interest in the Belcourt Saxon Limited Partnership, which was formed to
explore and develop the Belcourt and Saxon group of properties in northern BC.
Currently, these properties provide the company with an estimated 15 years of
coal reserves at current production levels.
For further information:
For further information: David Jan, Manager, Investor Relations &
Corporate Development, Phone: (604) 608-2692, Email: firstname.lastname@example.org