West Point Resources Files Prospectus on SEDAR


VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 19, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES

West Point Resources Inc. (the "Company") is pleased to report that the Company has filed its prospectus with the securities regulatory authorities in British Columbia, Alberta and Ontario in connection with a proposed initial public offering of a minimum of 3,533,334 non flow-through units of the Company (each, a "NFT Unit") at a price of $0.15 per NFT Unit and a minimum of 1,000,000 flow-through units of the Company (each, a "FT Unit") at a price of $0.25 per FT Unit, the common shares of which shall qualify as "flow-through shares" as defined in subsection 66(15) of the Income Tax Act (Canada) for aggregate gross proceeds of $780,000 (the "Minimum Offering") and a maximum of up to 6,000,000 NFT Units and up to 4,000,000 FT Units for aggregate gross proceeds of $1,900,000 (the "Maximum Offering"), provided that the Company shall not raise more than $250,000 of the Minimum Offering from the sale of FT Units or more than $1,000,000 of the Maximum Offering from the sale of FT Units. Each NFT Unit consists of one common share and one-half of one non-transferable common share purchase warrant exercisable at $0.25 cents per warrant share for a period of 60 months from the closing date of the offering. Each FT Unit consists of one common share and one-half of one non-transferable common share purchase warrant exercisable at $0.35 cents per common share for a period of 60 months from the closing date of the offering.

Macquarie Private Wealth Inc. is the lead agent for the Offering.

The Company is a mineral exploration company that holds an option to acquire a 100% interest in the Ruby Range Project which consists of 416 mineral claims covering an aggregate of 1,296 hectares in the Yukon Territory, Canada, as more particularly set out in the prospectus. The prospectus is publicly available on SEDAR at www.sedar.com.

To obtain a copy of the prospectus, please contact Rav Mlait at 604-551-7831 or email info@westpointresources.com.

On behalf of the Board of Directors

Rav Mlait, President, CEO and Director

West Point Resources Inc.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to 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 absent registration or an applicable exemption from registration requirements.

Contact Information:

West Point Resources Inc.
Rav Mlait
President, CEO and Director
604-551-7831
604-676-2767 (FAX)
info@westpointresources.com
www.westpointresources.com