Amalgamated International Holdings SA exercises warrants of Western Geopower Corp.

    NASSAU, Bahamas, June 3 /CNW/ - Amalgamated International Holdings SA
("AIH") has exercised warrants to acquire ownership of 9,000,000 common shares
of WGP at a price of $0.14 per share. The 9,000,000 common shares acquired by
AIH represent approximately 3.7% of the outstanding common shares of WGP.
    After the exercise of the warrants, AIH owns 9,000,000 common shares of
WGP and 31,810,358 common share purchase warrants. If all of the warrants are
exercised, AIH will have ownership of and control over 40,810,358 common
shares of WGP representing approximately 14.8% of WGP's outstanding common
    The common shares were acquired from WGP by private transaction pursuant
to the exercise of warrants. AIH acquired the common shares for investment
purposes, and may in accordance with applicable securities laws, increase or
decrease its investment in WGP depending on market conditions and other
relevant factors

For further information:

For further information: Kizzia Hanchell, Phone No.: (242) 362-5997;
Amalgamated International Holdings SA, Charlotte House, Shirley Street,
N-7529, Nassau, Bahamas

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