Trading Symbol: WBE
VANCOUVER, Dec. 17, 2012 /CNW/ - Pursuant to the grant of probate
approved and sealed by the Supreme Court of British Columbia on
December 14, 2012, the Estate of William Neil Grant (the "Estate")
announces its ownership of 1,863,500 common shares of WestBond
Enterprises Corporation ("WestBond") or 16.84% of the outstanding
common shares of WestBond.
The executors of the Estate are Sue J. Grant, W. Douglas Grant, R. Brian
Grant and Cheryl A. Grant (the "Executors"). Following the death of
Mr. Grant all of the common shares of WestBond beneficially owned by
Mr. Grant devolved to his Estate in accordance with the terms of his
will, which provides for such shares to continue to be controlled by
and for the benefit of members of the Grant family. For so long as the
Estate beneficially owns the common shares, the Executors are in
accordance with Mr. Grant's will vested with the power to make all
decisions with respect to such common shares, including without
limitation, voting and transacting in such shares. Accordingly, the
Executors of the Estate may be considered to have control or direction
over the common shares beneficially owned by the Estate. The address
of the Estate is c/o 2901 - 837 West Hastings Street, Vancouver,
British Columbia, V6C 3N7. The Executors of the Estate may also be
reached at the address of the Estate.
The common shares are held by the Estate for investment purposes and the
Estate may, depending on market and other conditions, increase or
decrease its ownership position in securities of WestBond through
market transactions or otherwise. A copy of the Early Warning Report
will be available on the SEDAR website at www.sedar.com.
"W. Douglas Grant" (signed)
The Estate of William N. Grant
Neither 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.
SOURCE: WestBond Enterprises Corporation
For further information:
For further information or to obtain a copy of the Early Warning Report, please contact:
W. Douglas Grant at (604) 683-6611.