Westcore Energy Ltd.

November 24, 2008 12:48 ET

Westcore Announces Permit Issuance Re Manitoba Properties

CALGARY, ALBERTA--(Marketwire - Nov. 24, 2008) - WESTCORE ENERGY LTD. (TSX VENTURE:WTR.P) (the "Corporation" or "Westcore"), a capital pool company, is pleased to announce that Quarry Exploration Permit No. QP-179 has been granted in respect of the Manitoba portion of the properties that are the subject of its previously announced Qualifying Transaction pursuant to which it has agreed to acquire all rights, title and interests in certain Saskatchewan coal permits and certain Crown coal rights in the Province of Manitoba (such properties are collectively referred to as the "Assets"). The total area under the foregoing Permit is 18,880 hectares. The Permit is for a period of three years and authorizes the exploration of coal on the properties in respect of which it applies. This Permit has been granted to Jon MacNeill, who holds it in trust for the vendors of the Assets.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein may constitute forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Westcore Energy Ltd.
    Paul Conroy, President, Chief Executive Officer,
    Chief Financial Officer and Corporate Secretary
    (403) 697-4005
    (403) 263-0271 (FAX)