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WNP Western Prospector Grp. Com Npv

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Share Name Share Symbol Market Type
Western Prospector Grp. Com Npv TSXV:WNP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Western Prospector Group Ltd. Announces Further Suspension of Mongolian Uranium Licenses

15/07/2009 6:50pm

Marketwired Canada


Western Prospector Group Ltd. ("Western") (TSX VENTURE:WNP) today reports that
it has received notice from the Mineral Resources Authority of Mongolia ("MRAM")
stating that all of Western's uranium exploration licenses have been suspended
for three months due to purported violations of various laws of Mongolia.


Western's Mongolian staff has not yet completed the English translation of such
notice or related documentation. Western will provide further updates as
information becomes available.


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.


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