VANCOUVER, Feb. 4 /CNW/ - Glen Indra, President and CEO of Westminster Resources Ltd. ("Westminster" or the "Company") is pleased to announce the engagement of Pathfinder Ventures Corporations ("Pathfinder") to assist in the Company's investor relations efforts.

Pathfinder is an investor relations firm specializing in resource companies and will assist Westminster in creating a communication network with potential investors and in arranging equity financing from time to time.

The Company will pay Pathfinder a fee of $3,500 per month and will issue 200,000 stock options to acquire up to 200,000 common shares of the Company at a price of $0.50 per share, subject to regulatory approval . The options are exercisable for a period of five years and in accordance with the TSX Venture Exchange policies, 25% of the options will vest each quarter from the date of the grant. The agreement with Pathfinder will have an initial term of 1 year and is also subject to regulatory approval.

The Company also announces the issuance of a further 200,000 stock options to employees and consultants to acquire up to 200,000 common shares of the Company at a price of $0.50 per share for a five year period.


"Glen J. Indra"

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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

For further information:

regarding Westminster Resources Ltd., please contact Leif Smither
604-608-0400, Toll Free: 1-877-608-0007 or
Kin Communications Inc.
604-684-6730 or Toll Free: 1-866-684-6730

Organization Profile

Westminster Resources Ltd.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890