WestBond Announces Closing of Second Tranche of Private Placement

WestBond Enterprises Corporation (TSX VENTURE:WBE) (the "Company") is pleased to
announce that it has closed the second and final tranche of its previously
announced non-brokered private placement of a total of 18,750,000 common shares
raising total gross proceeds of $1,500,000 (the "Offering").


Under the second tranche of the Offering, the Company issued 3,875,000 common
shares at a price of $0.08 per common share, raising gross proceeds of $310,000.


The net proceeds of the Offering will be used to purchase plant and equipment to
vertically integrate and expand the Company's manufacturing of paper products.


ON BEHALF OF THE BOARD

Gennaro Magistrale, Chief Executive Officer, President and Director

Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
WestBond Enterprises Corporation
Gennaro Magistrale
Chief Executive Officer, President and Director
604-940-3939
604-940-9161 (FAX)
www.WestBond.ca