TORONTO, ONTARIO--(CCNMatthews - Dec. 8, 2005) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY) (the "Company") is pleased to announce an intended $100,000 private placement of units of the Company at $0.20 per unit. Each unit consists of one flow-through common share and one common share purchase warrant (a "warrant") of the Company. Each warrant entitles the holder to acquire, at any time within 24 months of closing, one common share in the capital of the Company at an exercise price of $0.25 per share.
The private placement is being subscribed by Stanley Mourin, or his wholly owned holding company, Mourin Investment Corporation, insiders to the Company. The private placement is subject to board of director approval.
All the securities issued in connection with the private placement will bear a resale restriction preventing such securities from being resold for four months from closing.
The Company is a natural resource company whose principal business is the acquisition, exploration and development of natural resource properties of merit.
FOR FURTHER INFORMATION PLEASE CONTACT:
Western Troy Capital Resources Inc.
Wayne Holmstead
President
(416) 361-0737
(416) 361-0923 (FAX)
