WestCan Uranium Corp.
TSX VENTURE : WCU
OTC Bulletin Board : WCURF
FRANKFURT : IAR

WestCan Uranium Corp.

June 10, 2008 06:00 ET

WestCan Uranium Corp. Receives Letter of Comfort on Saskatchewan Coal Permits

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 10, 2008) - WestCan Uranium Corp. (TSX VENTURE:WCU)(OTCBB:WCURF)(FRANKFURT:IAR) ("WestCan") ("the Company") is pleased to announce that a "Letter of Comfort" has been received from the Saskatchewan Ministry of Energy and Resources in regard to coal permit applications submitted on behalf of the Company.

WestCan submitted the applications for permits in the vicinity of the Goldsource Mines Inc. discovery, north of the Town of Hudson Bay, in East-Central Saskatchewan, on May 08th, 2008 and May 12th, 2008. Goldsource believes the coal it encountered is from the Mannville/Swan River group of Creataceous age (Goldsource Mines Inc. news release in Stockwatch on May 5, 2008). Coal structures of the Creataceous age are generally stratigraphic and can encompass several thousand square kilometres.

The "Comfort Letter" includes a list of dispositions applied for, the dates of the submissions, land description, boundary plan, affirmation of fee payment and first-year rent, the allocated Coal Prospecting Permit (CPP) numbers, and if the submission has priority over other applications. The "Comfort Letter" received by WestCan confirms that half of permits applied for are "first in line" and will be given priority sequence.

The final granting of the coal permits is dependent upon government regulatory approval and time required to process the applications, which is at the discretion of the Government of Saskatchewan. Granting of coal permits is subject to a final review of each application, indicating the nature of the work and money to be expended. The "Comfort Letter" is not a guarantee that all or any of the permits will be issued to WestCan, only whether or not the Company is first in line for the permits.

Dr. K. Warren Geiger, Ph.D., P.Eng., P.Geo., a Qualified Person for WestCan, as defined by NI 43-101, is currently co-ordinating the research of the development in east-central Saskatchewan.

Subject to final permitting, the Company is preparing a preliminary exploration program for the summer field season.

Private Placement

The Company wishes to offer a Private Placement offering of securities for an amount of $800,000.



Flow Through
Offering: Up to 4,000,000 units at $0.10 per unit. Each unit
consists of one flow through common share in the
capital of the Company and one share purchase
warrant. Each warrant will entitle the holder to
buy one additional common share of the Company for
a period of 12 months from the date of the closing
of the Private Placement. The exercise price of
the warrant will be $0.18 for the 12 month term of
the warrants.

Non Flow Through
Offering: Up to 5,000,000 units at $0.08 per unit. Each unit
consists of one non-flow through common share in
the capital of the Company and one share purchase
warrant. Each warrant will entitle the holder to
buy one additional non-flow through common share
of the Company for a period of 12 months from the
date of the closing of the Private Placement. The
exercise price of the warrant will be $0.15 for
the 12 month term of the warrants.

Description of Offering: The Company shall rely on the "Accredited Investor
Exemption" (B.C., Alberta, Ontario) and the
"Friends and Relatives Exemption" (B.C.),
therefore will not be preparing an offering
document.

Exchange: TSX Venture Exchange.

Qualifying Jurisdiction: British Columbia, Alberta and Ontario.

Use of Proceeds: The gross proceeds of the offering will be used in
part for general working capital and the "flow
through portion" of the Private Placement will be
used for qualified Canadian Exploration
Expenditures.

Finder's Fee: The Company will pay a finder's fee in connection
with the Private Placement, of 10% cash plus 8%
Agent's Warrants where permitted by the TSX
Venture Exchange. The exercise price of the
Agent's Warrant will be $0.15 for the 12 months
term of the warrants.


On behalf of the Board of Directors

Chris England, President and CEO

WestCan Uranium Corp.

Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.

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

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