Westlake Announces Termination of Letter of Intent

Westlake Capital Ltd. ("Westlake" or the "Company") (TSX VENTURE:WLK.P)
announces that in June 2013, it signed a letter of intent for the proposed
acquisition of a private Canadian gold exploration company, which was to be the
Company's Qualifying Transaction. The transaction was subject to a number of
conditions, in particular to financing, and due to very difficult market
conditions, those conditions could not be met. Accordingly, the letter of intent
is now terminated.


The Company will now be applying for reinstatement of trading of its common
shares and will continue in its efforts to find an appropriate Qualifying
Transaction. 


ON BEHALF OF THE BOARD

WESTLAKE CAPITAL LTD.

Steve Mathiesen, President

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Westlake Capital Ltd.
Steve Mathiesen
President
[phone]