Whetstone announces grant of options

CALGARY, Nov. 22, 2012 /CNW/ - (TSXV.WMI) - Whetstone Minerals Ltd. ("Whetstone") announced today that it has granted options in accordance with its shareholder approved share option plan to acquire an aggregate of 3,940,000 common shares of Whetstone at an exercise price of $0.11 per share until November 20, 2017.  Senior officers and directors of Whetstone were granted 3,500,000 options and consultants were granted 440,000 options.  The options vest as to one-third thereof on each of the first, second and third anniversaries of the date of the grant.

About Whetstone Minerals Ltd.:  Whetstone Minerals Ltd. is a gold exploration and development company focused on Zimbabwe, where it owns a number of advanced exploration projects including several former producing mines.  Whetstone's common shares are listed on the TSX Venture Exchange under the trading symbol "WMI".   Whetstone is pursuing a two pronged growth strategy through aggressive property and corporate acquisitions as well as adding resources through the drill bit. Whetstone's website address is www.whetstoneminerals.com.

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

SOURCE: Whetstone Minerals Ltd.

For further information:

Whetstone Minerals Inc.
Allan Dolan, Chairman and Interim Chief Executive Officer
Phone:  +44 (77) 9697 3008

To be added to Whetstone's private email list, please contact info@whetstoneminerals.com

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Whetstone Minerals Ltd.

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