CNNC International Takes Up 69% of Western Prospector Group Ltd. Shares

Western Prospector Group Ltd. ("Western Prospector") (TSX VENTURE:WNP) today
announced that 38,003,666 common shares of Western Prospector (representing
approximately 69% of Western Prospector's issued and outstanding common shares)
were validly deposited to the offer of First Development Holdings Corporation
("First Development"), with its registered office at P.O. Box 957, Offshore
Incorporations Center, Road Town, Tortola, British Virgin Islands, for all of
the outstanding common shares of Western Prospector (the "Offer") and not
withdrawn as at 5:00 p.m. (Toronto time) on June 29, 2009.


This result represents substantial support for the Offer and First Development
has taken up and accepted for payment all of such shares tendered.


Early Warning Requirements under Applicable Securities Laws

As a result of the taking up and acceptance of payment in the amount of C$0.56
per share of the Western Prospector common shares deposited to the Offer, First
Development has acquired an aggregate of 38,003,666 common shares of Western
Prospector, which represents approximately 69% of the outstanding common shares
of Western Prospector.


On March 25, 2009, First Development and Western Prospector entered into a
support agreement pursuant to which, among other things, Western Prospector
represented that the directors and officers of Western Prospector intend to
tender or caused to be tendered to the Offer Western Prospector common shares
over which control or direction is exercised and that any restrictions imposed
on or by Western Prospector to prevent any director or officer from tendering
such shares have been waived or removed.


A copy of the early warning report to be filed pursuant to the applicable
securities legislation will be available online at www.sedar.com under Western
Prospector's profile.


As previously disclosed, First Development may subscribe for additional shares
pursuant to a subscription agreement with Western Prospector.


First Development has communicated to Western Prospector an intention to
commence a second step transaction by way of statutory arrangement,
amalgamation, merger, reorganization, consolidation, recapitalization or other
transaction to acquire all of the remaining Western Prospector common shares not
already owned by First Development.


About First Development

First Development is an indirect wholly-owned subsidiary of CNNC International
Limited ("CNNC Intl."). CNNC Intl. is a public company listed on the Hong Kong
Stock Exchange. CNNC Overseas Uranium Holding Ltd., a wholly owned unit of China
National Nuclear Corporation ("CNNC"), holds approximately 70.25% of the issued
share capital of CNNC Intl. as at the date of this press release. CNNC is
China's leading uranium development and nuclear fuel company.


Note Regarding Forward-Looking Statements

This press release and other written or oral communication from Western
Prospector may include certain statements that may be considered
"forward-looking statements" within the meaning of that phrase under Canadian
securities laws. Statements other than historical facts that address possible
future events, plans or developments are forward-looking statements. Such
statements may be identified by the use of words such as "will", ""may",
"expects", "estimate", "intend" or the use of the future or conditional tense.
Certain material factors or assumptions were applied in drawing our conclusions
and making those forward-looking statements. Forward-looking statements reflect
management's current views with respect to possible future events and conditions
and, by their nature, are based on management's beliefs and assumptions and
subject to known and unknown risks and uncertainties, both general and specific
to Western Prospector. Although Western Prospector believes the expectations
expressed in such forward-looking statements are reasonable, such statements are
not guarantees of future performance and actual results or developments may
differ materially from those in our forward-looking statements. Readers are
cautioned that risks may change or new risks may emerge. Additional information
regarding the material factors and assumptions that were applied in making these
forward looking statements as well as the various risks and uncertainties we
face are described in greater detail in the "Risk Factors" section of our annual
and interim Management's Discussion and Analysis of our financial results and
other continuous disclosure documents and financial statements we file with the
Canadian securities regulatory authorities which are available at www.sedar.com
and available on Western Prospector's website at www.westernprospector.com.
Western Prospector undertakes no obligation to update this forward-looking
information except as required by applicable law.