Christian de Groot Files Early Warning Report

VANCOUVER, Feb. 25 /CNW/ - Mr. Christian de Groot announces that he acquired ownership and control of 30,000 common shares (the "Shares") of Waterloo Resources Ltd. ("Waterloo") through the facilities of the TSX Venture Exchange at $0.45 per Share.

The aggregate of the Shares acquired by Mr. de Groot and common shares that Mr. de Groot previously held represents 10.2% of Waterloo's issued and outstanding common shares.  Mr. de Groot would have ownership and control over 1,087,500 common shares, assuming the exercise of warrants (the "Warrants") held by Mr. de Groot, representing 10.7% of the issued and outstanding common shares of Waterloo Resources Ltd.

Mr. de Groot acquired the Shares, as the case may be, for investment purposes, and he intends to evaluate the investment in Waterloo and to increase or decrease his shareholdings as he may determine for investment purposes.

A copy of the early warning report being filed by Christian de Groot may be obtained by contacting Sam Wong at 604-628-1161.

SOURCE Christian de Groot

For further information:

Christian de Groot
Suite 1050 625 Howe Street
Vancouver, British Columbia
Canada  V6C 2T6

Profil de l'entreprise

Christian de Groot

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