West Timmins Mining Inc.

West Timmins Mining Inc.

August 12, 2009 08:00 ET

West Timmins Mining Receives $7.83 Million Through Exercise of Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 12, 2009) -


West Timmins Mining Inc. (TSX:WTM) (the "Company") announced today it has received $7,830,999 through the exercise 5,220,666 common share purchase warrants. These warrants had an exercise period which expired August 9, 2009 and were granted in conjunction with a financing completed by the Company in August of 2007. The exercise period of the warrants was extended in August of 2008 (see NR 08-18, Aug. 6, 2008: http://www.westtimminsmining.com/main/?newsReleases&168). Receipt of payment from the warrant exercise brings the Company's net working capital to $20.1 million.

"We are obviously very pleased that our shareholders have continued to demonstrate their support for the Company through their exercise of this series of warrants and with the strong working capital position it puts WTM in," said Darin Wagner, President and CEO of West Timmins Mining. "These funds will allow us to continue to move forward aggressively with the exploration of our West Timmins Gold Project holdings which include the high-grade Porphyry and Rusk Gold Zones on the Thunder Creek Joint Venture, the North and West Zones on the adjacent wholly owned Thorne Property and a number of other high priority gold targets throughout our extensive land position in the West Timmins District."

The Company also issued a reminder to shareholders that its Annual General Meeting will be held in the offices of the Company at 328-550 Burrard Street, Vancouver, British Columbia on Thursday August 13th at 1:30 p.m. pacific standard time.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to a U.S. person absent an exemption from the registration requirements of such Act.

About West Timmins Mining Inc. (www.westtimminsmining.com):

WTM is focussed on the exploration and development of district-scale gold projects in the major gold camps of North America. Recent drill results have continued to expand the high-grade Rusk and Porphyry Gold discoveries on the Company's Thunder Creek joint venture in Timmins, Ontario and WTM continues to test the nearby 5.0 kilometre long Golden River Trend which hosts the North and West Zones on WTM's wholly owned Thorne Property. WTM also has active gold exploration projects in Mexico, highlighted by the high-grade Lluvia de Oro gold-silver Project in Chihuahua State and the Universo gold project in San Luis Potosi State. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.

On behalf of the Board of West Timmins Mining Inc.

Darin W. Wagner, President and Chief Executive Officer

For further details on West Timmins Mining Inc. please refer to prior disclosure at www.sedar.com.

This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward looking statements.

The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

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