WCB Resources Closes $6.0 Million Non-Brokered Private Placement

WCB Resources Ltd ("WCB" or the "Company") (TSX VENTURE:WCB) is pleased to
announce that it has completed the non-brokered private placement announced on
April 4, 2014. The private placement consisted of 22,222,222 units at a price of
$0.27 per unit (the "Units") for gross proceeds of $6,000,000. Each Unit is
comprised of one common share and two separate 1/2 warrants (a 1/2 Warrant A and
a 1/2 Warrant B). Each whole Warrant A will entitle the holder to acquire one
additional common share of the Company at a price of $0.40 per share for a
period of 18 months following closing. Each whole Warrant B will entitle the
holder to acquire one additional common share of the Company at a price of $0.60
per share for a period of 36 months following closing. All Units were purchased
by Sandfire Resources N/L ("Sandfire"). 


Sandfire is a public mining company listed on the Australia Stock Exchange
(SFR.AU) with a market capitalization of approximately AUD875 million. Sandfire
is currently in production at its DeGrussa copper gold project located in
Western Australia and is exploring several copper-gold properties in Australia.


No finder's fees were paid in connection with the private placement. All of the
securities issued pursuant to this offering will have a hold period expiring on
August 8, 2014.


About WCB Resources

WCB is an aggressive minerals exploration and development company that brings
together a strong, interdisciplinary, and proven management team with the
ability to take a project from discovery right through to operation.


WCB's strategy is to build shareholder value through acquisition, exploration
and development of copper gold projects. This strategy is being developed by a
synthesis of WCB's core skills in project evaluation, structured acquisition,
exploration and project development and operations, areas where WCB directors
and executives have significant experience.


We believe that our capabilities and experience, combined with an efficient
corporate structure, provide tremendous potential upside for investors. WCB is
focussed on the exploration and development of the Tier 1 Misima Island Project
in Papua New Guinea.


On behalf of the Board of Directors

Cameron Switzer, President and Chief Executive Officer

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.


WARNING: The Company relies on litigation protection for "forward looking"
statements. Actual results could differ materially from those described in the
news release as a result of numerous factors, some of which are outside the
control of the Company.


FOR FURTHER INFORMATION PLEASE CONTACT: 
WCB Resources Ltd.
Cameron Switzer
[e-mail]


WCB Resources Ltd.
Shaun Maskerine
[e-mail]


Ironstone Capital Corp.
Lee Bowles
Investor Relations
416 941 1253
[e-mail]