VANCOUVER, June 19, 2012 /CNW/ - Western Pacific Resources Corp. (WRP - TSXV) announces that its Board of Directors has determined that it is in the
best interests of the Company to extend the expiry date of certain
private placement warrants previously issued by the Company.
Accordingly, subject to TSX Venture Exchange acceptance, the expiry
date of 2,550,750 outstanding warrants exercisable at $0.75 per share
has been extended by one year to June 28, 2013.
About Western Pacific
Western Pacific is a gold explorer focused on acquiring advanced-stage
projects in the Western United States, and has the right combination of
exploration and financial professionals to succeed in making a world
class gold discovery. For more information, please visit our website
ON BEHALF OF THE BOARD
Warwick Smith, Chief Executive Officer
Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or
accuracy of this news release.
This news release contains forward-looking information, which involves
known and unknown risks, uncertainties and other factors that may cause
actual events to differ materially from current expectation. Important
factors - including the availability of funds, the results of financing
and exploration activities, the interpretation of drilling results and
other geological data, risks associated with the estimation of mineral
resources and the geology, grade and continuity of mineral deposits,
project cost overruns or unanticipated costs and expenses -- that could
cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from time
to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The Company disclaims any intention or obligation,
except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
SOURCE Western Pacific Resources Corp.
For further information:
Tel: (604) 801-5432
Fax: (604) 662-8829