Western Pacific Trust Company

Western Pacific Trust Company

June 02, 2009 18:52 ET

Insiders Increase Their Position in Western Pacific Trust Company

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 2, 2009) - WESTERN PACIFIC TRUST COMPANY (TSX VENTURE:WP) announces that, pursuant to private share transactions in its shares which closed effective June 1, 2009, the ownership positions of two Insiders of the Company have been increased.

The Company has been advised that Mr. David M. Mercier now owns, directly and indirectly 4,002,352 shares (19.9%), and Mr. Christopher Weston now owns, directly and indirectly through Rimex Distribution Ltd., 3,863,887 shares (19.2%) of the Company.

About Western Pacific Trust Company

Western Pacific Trust Company is a non-deposit taking financial corporation. Western Pacific is licensed under the Financial Institutions Act in British Columbia as a Trust Company, and is also registered extra-provincially in Alberta as a non-deposit taking Trust Company. Western Pacific Trust has two wholly owned subsidiaries: Western Equity Loans Ltd., a registered mortgage broker in British Columbia, and Futureworth Financial Planners Corp., currently a licensed mutual fund dealer in British Columbia, Alberta, Ontario and Nova Scotia.

Anthony Liscio, President & C.E.O.

This news release was prepared by the Board of Directors which is solely responsible for its contents.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Contact Information

  • Western Pacific Trust Company
    Alison Alfer
    604-669-6978 (FAX)