Western Troy Capital Resources Inc.

Western Troy Capital Resources Inc.

April 09, 2007 15:45 ET

Western Troy Capital Resources Inc.-Press Release

TORONTO, ONTARIO--(CCNMatthews - April 9, 2007) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY") (the "Company") announces today that it has entered into a shares for debt letter agreement with Match Capital Resources Corporation ("Match Capital") wherein the Company has agreed to issue common shares of its own capital to Match Capital in order to settle an outstanding debt.

The Company proposes to issue 193,398 common shares in the capital of the Company to Match Capital at a price of $0.88 per share to settle a debt of $170,190 owed to Match Capital. Wayne Holmstead, a director of the Company is also a director of Match Capital; Stanley Mourin, a director and controlling shareholder of Western Troy, also director and controlling shareholder of Match Capital. As such the share for debt settlement is a related party transaction within the meaning of Ontario Securities Commission Rule 61-501and is subject to regulatory and minority shareholder approval.

About Western Troy

Western Troy Capital Resources Inc. is a mineral exploration company. Its 100%-owned MacLeod Lake Property hosts a well defined Main Zone of mineralization as outlined by extensive drilling, as well as the South Zone and several IP anomalies of potential interest. The shares of Western Troy trade on the TSX Venture Exchange under the symbol WRY, with 10,658,761 shares outstanding. In October of 2005, Western Troy received an independent Technical Report consistent with National Instrument 43-101 on its MacLeod Lake Property located about 275 km north of Chibougamau, Quebec. The report has been filed on SEDAR and is available at www.SEDAR.com and on Western Troy's website, www.WesternTroy.com. Western Troy has also entered into an Exploration and Development agreement with Aurum Exploration Inc. of Panama, to earn up to 70 percent of Aurum's interest in the Viento Frio Mineral Exploration Concession, District of Santa Isabel, Colon Province, Panama. The Viento Frio Concession consists of 10,363 hectares (104 square kilometers) of land that is prospective for gold and base metal mineral deposits. The property was explored by Minera Rayrock between 1999 and 2001. Rayrock collected 1,918 soil samples and drilled 24 shallow holes totaling 1710 meters. High silver values in the core and anomalous gold, silver, copper, lead, and zinc values in rock chip and soil samples over a large area indicate the Concession is prospective for a large low-sulfidation epithermal system as well as additional gold/silver deposits.

Statements in this release that are forward-looking reflect Western Troy's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on the information currently available; however actual results and events may vary significantly. The Company does not assume the obligation to update any forward-looking statement.

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

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