Westchester Resources Inc.
TSX VENTURE : WSR

Westchester Resources Inc.

September 02, 2005 07:30 ET

Westchester Resources to Extend Term of Warrants

TORONTO, ONTARIO--(CCNMatthews - Sept. 2, 2005) - Westchester Resources Inc. (TSX VENTURE:WSR) today announced that, subject to TSX Venture Exchange approval, it is extending the term of the share purchase warrants that were originally issued in connection with a private placement that closed on May 19, 2004, all as further described in the press release of Westchester dated May 19, 2004.

The share purchase warrants, which would have expired on September 19, 2005, will now expire on December 19, 2005. Each full share purchase warrant entitles the holder thereof the right to acquire one common share in the capital of Westchester at a price of $0.70.

Westchester Resources Inc. is an independent oil and gas exploration company. Westchester's operations are focused in Western Canada and the US. The Company's shares trade on the TSX Venture Exchange under the symbol "WSR".

Forward Looking Statements - Certain information regarding Westchester and Aspen set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond Westchester's control, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of reserve estimates, currency fluctuations and exploration risk. In addition, there can be no assurance that the flow rate estimated herein can be maintained with the testing conducted. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.


The TSX VENTURE EXCHANGE has neither approved nor disapproved the contents of this press release.

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