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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 Receives Gurvanbulag License Suspension Notice From MRAM

15/04/2009 1:13am

Marketwired Canada


Western Prospector Group Ltd. (TSX VENTURE:WNP) ("Western") reports that it has
received notice from the Mineral Resources Authority of Mongolia ("MRAM")
stating that Western's exploration licenses 7685X and 4969X, which are the
primary licenses for Western's Gurvanbulag deposit, have been suspended for
three months due to violations cited by inspectors from Mongolia's Atomic Energy
Agency.


Western has not yet received the English translation of the inspector's report.
If Western is not able to satisfy inspectors from Mongolia's Atomic Energy
Agency that such violations have been corrected, then Western's licenses 7685X
and 4969X may be subject to revocation. Western will provide further updates as
information becomes available.


A copy of the notice from MRAM is included in the version of this news release
available on the company's website, www.westernprospector.com.


Note Regarding Forward-Looking Statements

This press release and other written or oral communication from the Company 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 the
Company. Although the Company 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 the Company's website at www.westernprospector.com. The Company
undertakes no obligation to update this forward-looking information except as
required by applicable law.


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1 Year Western Prospector Grp. Com Npv Chart

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