The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from

West Cirque Discontinues Aggregate Project; Cancels Shares

Thursday, June 21, 2012

West Cirque Discontinues Aggregate Project; Cancels Shares10:30 EDT Thursday, June 21, 2012(via Vancouver, B.C., June 21, 2012; West Cirque Resources Ltd. (WCQ: TSX.V) announces it's decision to discontinue development of the Jacques au Terre aggregate project located in Newfoundland, Canada (see the Company's press release of June 25, 2009 for acquisition details). With drilling underway at its Castle gold - silver - copper property (see June 23, 2012 press release) and a portfolio including 10 additional projects in British Columbia and Nevada, West Cirque is 100% focused on defining resources in world class precious and base metal projects in North America. In connection with write-off of the Jacques au Terre project, and pursuant to the terms of the Surplus Escrow Agreement and Pooling Agreement governing the payment shares issued to the vendors, the Company has cancelled and returned to treasury, 1,550,000 of its common shares. The Company now has issued and outstanding 26,424,120 common shares. West Cirque Resources Ltd. Steve Vanry, CFA President (604) 558-4604 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Copyright (c) 2012 - All rights reserved.