Whetstone Announces the Summary Wind-Up of the Company

JERSEY, Channel Islands, United Kingdom, Dec. 12, 2013 /CNW/ - (TSXV - WMI) - Whetstone Minerals Ltd. ("Whetstone") announced today that its shareholders passed special resolutions at the extraordinary general meeting of shareholders held earlier today authorizing and approving the wind-up of the company summarily without the appointment of a liquidator pursuant to the Companies (Jersey) Law 1991, as amended, as further described in Whetstone's information circular - proxy statement dated November 12, 2013 filed under Whetstone's SEDAR profile. The directors of Whetstone will begin the process of settling Whetstone's liabilities and distributing its assets to shareholders pursuant to the summary wind-up of Whetstone.

In connection with the summary wind-up, shareholders approved the de-listing of the common shares of Whetstone from the TSX Venture Exchange. It is anticipated that Whetstone's common shares will be de-listed from such exchange effective after market close on December 16, 2013.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: Statements in this press release, including but not limited to the timing of the delisting of the common shares of Whetstone from the TSX Venture Exchange constitute forward-looking statements. Statements containing forward-looking information express, as at the date of this press release, Whetstone's plans, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to Whetstone.  There can be no assurance that forward-looking statements will prove to be accurate.  Actual results and future events could differ materially from those anticipated in such statements.  Readers should not place undue reliance on forward-looking information.  Whetstone does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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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