News Release
Western Pacific Resources Corp. To Trade On TSX Venture Exchange
WESTERN PACIFIC RESOURCES CORP. ("WRP")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: January 29, 2010
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated December 29, 2009 has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the B.C. and Alberta Securities Commission on January 4, 2010, pursuant to the provisions of the B.C. and Alberta Securities Acts.
The gross proceeds received by the Company for the Offering were $2,100,000 (6,000,000 units at $0.35 per unit, each unit consisting of 1 common share and one-half of one transferrable share purchase warrant to acquire an additional common share at $0.50 per common share until July 28, 2011). The Company is classified as a 'Mineral Exploration' company.
Commence Date: At the opening February 1, 2010, the Common shares will commence trading on TSX Venture Exchange.
Corporate Jurisdiction: British Columbia
Capitalization: Unlimited common shares with no par value of which 14,902,501 common shares are issued and outstanding.
Escrowed Shares: 2,420,001 common shares
Transfer Agent: Olympia Trust Company
Trading Symbol: WRP
CUSIP Number: 95914Q 10 7
Agent: Canaccord Financial Ltd.
Agent's Warrants: 510,000 non-transferable share purchase warrants. One warrant to purchase one common share at $0.35 per share until July 28, 2011.
For further information, please refer to the Company's Prospectus dated December 29, 2009.
Company Contact: Warwick Smith
Company Address: 830-355 Burrard Street, Vancouver, BC V6C 2G8
Company Phone Number: (604) 801-5432
Company Fax Number: (604) 662-8829
Company Email Address: info@westernpacificresources.com


