WPC Resources Inc. Announces Private Placement

    




 TSX-V: WPQ 

 VANCOUVER, Sept. 19, 2012 /CNW/ - WPC Resources Inc. ("WPC" or the  "Company") is pleased to announce a non-brokered private placement (the  "Private Placement") pursuant to which WPC proposes to issue up to  7,692,307 units at a price of $0.065 per unit for gross proceeds of up  to $500,000.  The Private Placement is subject to the approval of the  TSX Venture Exchange. 

 Each unit under the Private Placement will consist of one common share  and one transferable common share purchase warrant.  Each common share  purchase warrant will entitle the holder to purchase one additional  common share of the Company at an exercise price of $0.12 for 24 months  following the closing of the Private Placement (the "Closing"). 

 The Company will use the net proceeds of the Private Placement to fund  the work program on the Company's "Toiyabe Pediment" and "ZPG"  properties which are located in central Nevada within the Battle  Mountain-Eureka Trend near the Cortez District. 

 About WPC Resources Inc. 

 WPC Resources Inc. is a Vancouver, British Columbia based gold  exploration and development company. 

 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION 

 This news release contains certain "forward-looking information" within  the meaning of Canadian securities laws. Actual results may differ  materially from those indicated by such forward-looking information.  All information included herein, other than statements of historical  fact, including, without limitation, information regarding future  production, is considered forward-looking information and involves  various risks and uncertainties. There can be no assurance that the  forward-looking information will prove to be accurate, as actual  results and future events could differ materially from those  anticipated in such information. 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. 

WPC Resources Inc.


CONTACT:  Allan Fabbro, PresidentTelephone: [phone] 


    

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