Whitemud announces granting of stock options


    CALGARY, April 3 /CNW/ - Whitemud Resources Inc. ("Whitemud" or the
"Company") (WMK - TSXV) is pleased to announce that it has granted, effective
March 1, 2007, an aggregate of 1,030,000 stock options under its stock option
plan to its directors, officers and employees at an exercise price of $8.00
per share. As disclosed in its initial public offering prospectus dated
February 15, 2007, the exercise price of stock options is equal to the price
of the prospectus offering. The stock options granted are subject to
shareholder approval of the stock option plan and other applicable regulatory
requirements or approvals.

    Whitemud is committed to becoming the leading manufacturer and supplier
of metakaolin for the North American construction cement and concrete and
oilfield cement industries. The Company was founded in 2002, inspired by the
discovery of a unique manufacturing process that would allow for the economic
use of metakaolin as an additive to concrete. Whitemud has secured leases for
one of the largest deposits of kaolin in North America near Wood Mountain in
southern Saskatchewan, 165 kilometres southwest of Regina, and 40 kilometres
north of the US border.

    These securities have not been, nor will they be, registered under the
United States Securities Act of 1933, as amended, and may not be offered or
sold in the United States without registration or an applicable exemption from
the registration requirements of that Act. This news release does not
constitute an offer for sale of these securities in the United States.

    Certain statements contained in this press release, including statements
which may contain words such as "could", "should", "expect", "estimate",
"believe", "likely", "will", or estimates of business activity, and similar
expressions and statements relating to matters that are not historical facts,
are forward looking statements. Such statements involve known and unknown
risks and uncertainties that may cause the actual results, performance or
achievements of Whitemud to be materially different from any future results,
performance or achievements expressed or implied by such forward looking

    %SEDAR: 00024724E

For further information:

For further information: Ron Love, Vice-President, Finance and Chief
Financial Officer, or Kevin Graham, Vice-President, Marketing, both at (403)

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