Western Canadian Coal Announces Update to Shares Outstanding



    VANCOUVER, June 9 /CNW/ - Western Canadian Coal Corp (TSX: WTN, WTN.WT
and WTN.DB and AIM: WTN) (the "Company" or "Western") announces that during
the month of May 2008, $12.8 million of principal from the 7.5% debentures
were converted into 3,204,000 common shares and $3.6 million of principal from
the 8.5% debentures were converted into 4,814,280 common shares. Of the
Company's warrants, 506,250 warrants to purchase the Company's common shares
were subscribed during the month for proceeds of $1.6 million. A further
18,740,898 common shares were issued in May 2008 in association with the
acquisition of Falls Mountain Coal Inc, (refer to press release on May 6,
2008). As at May 31, 2008, the Company has 155,397,842 common shares issued
and outstanding.

    About Western Canadian Coal

    Western Canadian Coal Corp. produces 3.7 million tonnes of high quality
metallurgical coal from three mines 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: djan@westerncoal.com

Organization Profile

WESTERN COAL CORP.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890