Western Warrior announces equity offering



    CALGARY, Nov. 30 /CNW/ - (TSX Venture: WWR) - Western Warrior Resources
Inc. ("Western Warrior") today announced that it intends to complete the
private placement of up to 3,225,806 flow-through units ("Flow-Through Units")
of Western Warrior at a price of $0.31 per Flow-Through Unit for total gross
proceeds of up to $1,000,000, subject to receipt of all applicable regulatory
approvals. Each Flow-Through Unit of the company consists of one flow-through
common share and one-half of one common share purchase warrant of
Western Warrior, each whole warrant entitling the holder thereof to purchase
one common share of Western Warrior at a price of $0.45 per share for a period
of one year from closing provided that if the common shares trade on the
TSX Venture Exchange at $0.55 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.
    All securities issuable under this private placement will be subject to a
hold period under Canadian securities laws of four months and one day from the
closing date.
    Western Warrior intends to use the proceeds from the private placement to
fund the exploration programs on its Ontario properties, with a principal
focus on its Pipestone Project.
    The MineralFields Group has advised Western Warrior that it intends to
acquire all of the Flow-Through Units.

    About MineralFields, Pathway and First Canadian Securities(R)

    MineralFields Group (a division of Pathway Asset Management) is a
Toronto-based mining fund with significant assets under administration that
offers its tax-advantaged super flow-through limited partnerships to investors
throughout Canada during most of the calendar year, as well as hard-dollar
resource limited partnerships to investors throughout the world. Pathway Asset
Management also specializes in the manufacturing and distribution of
structured products and mutual funds. Information about MineralFields Group is
available at www.mineralfields.com First Canadian Securities(R) is active in
leading resource financings (both flow-through and hard dollar) on
competitive, effective and service-friendly terms, with investors both within,
and outside of, MineralFields Group.

    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

    This press release contains forward-looking statements which are based on
Western Warrior's current internal expectations, which may prove to be
incorrect. These statements are not a guarantee of future performance and
undue reliance should not be placed on them. Such forward-looking statements
necessarily involve known and unknown risks and uncertainties that are common
to junior mineral exploration companies. These risks and uncertainties
include, among other things, Western Warrior's need for additional funding to
continue its exploration efforts, changes in general economic, market and
business conditions; and competition for, among other things, capital and
skilled personnel. Western Warrior undertakes no obligation to update or
revise any forward-looking statements except as required by applicable
securities laws.

    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

Organization Profile

WESTERN WARRIOR RESOURCES INC.

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