Westlake Completes Initial Public Offering

Westlake Capital Ltd. (the "Company") (TSX VENTURE:WLK.P) has completed its
initial public offering pursuant to a Prospectus dated September 21, 2011 (the
"Prospectus") filed with the British Columbia and Alberta Securities
Commissions. Effective at the opening of the market on October 14, 2011, the
Company's common shares (the "Shares") will commence trading on Tier 2 of the
TSX Venture Exchange (the "TSXV") under the symbol WLK.P. The Company issued
2,000,000 Shares for gross proceeds of $200,000. Canaccord Genuity Corp. acted
as agent for the offering. As compensation for acting as agent, the Company paid
a 10% cash commission, a corporate finance fee, and issued options to purchase
up to 200,000 Shares of the Company at a price of $0.10 per Share for a period
of two years from the date the Shares commenced trading on the TSXV.


The Company also granted stock options to officers and directors of the Company
to purchase up to 440,000 Shares at a price of $0.10 per Share, exercisable
until October 6, 2016.


The Company is designated as a Capital Pool Company by the TSXV. The Company has
not commenced commercial operations and has no assets other than cash. The
purpose of the offering is to provide the Company with funds to identify and
evaluate businesses or assets with a view to completing a Qualifying Transaction
(as defined in the Prospectus). Any proposed Qualifying Transaction must be
approved by the TSXV and, in the case of a non arm's length Qualifying
Transaction, must also receive majority approval of the minority shareholders.
Until the completion of a Qualifying Transaction, the Company will not carry on
any business other than the identification and evaluation of businesses or
assets with a view to completing a proposed Qualifying Transaction. For further
information regarding the Company, the offering, and the Company's management
team, see the Prospectus filed with the Company's disclosure documents on SEDAR
at www.sedar.com.


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any of the securities in the United States. The securities have
not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.


ON BEHALF OF THE BOARD

Gary Mathiesen, CFO and Director