Western Troy Capital Resources Inc.

Western Troy Capital Resources Inc.

March 30, 2005 09:56 ET

Western Troy Capital Resources Inc.: Press Release


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: WESTERN TROY CAPITAL RESOURCES INC.

TSX VENTURE SYMBOL: WRY

MARCH 30, 2005 - 09:56 ET

Western Troy Capital Resources Inc.: Press Release

TORONTO, ONTARIO--(CCNMatthews - March 30, 2005) - Western Troy Capital
Resources Inc. (TSX VENTURE:WRY) (the "Company") has sold its interest
in Claim K1079876 in Menary Township, Kenora Division, Ontario to EMCO
Corporation SA of Panama City, Panama ("Emco"). Emco also purchased 11
surrounding claims for another vendor. The Company is to receive 50% of
the total purchase price to be paid by Emco for the 12 claims. The total
purchase price for the 12 claims is CDN$140,000 payable $15,000
immediately, $25,000 on the first anniversary, $40,000 on the second
anniversary and $60,000 on the third anniversary, and 70,000 common
shares in the capital of Cyrari Capital Corporation (Symbol CYRIF). The
vendors will retain a 3% net smelter royalty of which 50% may be bought
out for $1,000,000.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Western Troy Capital Resources Inc.
    Wayne Holmstead
    President
    (416) 361-0737
    (416) 361-0923 (FAX)
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.