WPC Resources Inc. Closes Non-Brokered Private Placement

    




 TSX-V: WPQ 

 VANCOUVER, Oct. 5, 2012 /CNW/ - WPC Resources Inc. (the "Company")  announces that, further to its news release dated September 19, 2012,  it has completed its non-brokered private placement.  The Company  issued an aggregate of 7,540,768 units at a price of $0.065 per unit  for gross proceeds of $490,149.92.  Each unit consists of one common  share and one common share purchase warrant which entitles the holder  to purchase an additional common share of the Company at a price of  $0.12 until October 5, 2014.  The shares and underlying shares are  subject to a four month hold period. 

 The Company paid finder's fees in the amount of $1,456 in connection  with the private placement. 

 The proceeds of the Private Placement will be used to fund the work  program on the Company's "Toiyabe Pediment" and "ZPG" properties.  The  properties 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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