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Press release from Marketwire

WesternZagros Announces Stock Option Grant

Wednesday, January 30, 2013

WesternZagros Announces Stock Option Grant11:12 EST Wednesday, January 30, 2013CALGARY, ALBERTA--(Marketwire - Jan. 30, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESWesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") announces, as part of its annual employee compensation program, it has granted 4,881,000 stock options to directors, officers and employees of WesternZagros pursuant to the Company's approved stock option plan. These options are exercisable at a price of $1.15 per share representing the closing price of the Company's shares on the TSX Venture Exchange on January 29, 2013.About WesternZagros Resources Ltd.WesternZagros is an international natural resources company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas in Iraq. WesternZagros, through its wholly-owned subsidiaries, holds two Production Sharing Contracts with the Kurdistan Regional Government in the Kurdistan Region of Iraq. WesternZagros's shares trade in Canada on the TSX Venture Exchange under the symbol "WZR".WESTERNZAGROS RESOURCES WAS RECOGNIZED AS A TSX VENTURE 50® COMPANY IN 2012. TSX VENTURE 50 IS A TRADE-MARK OF TSX INC. AND IS USED UNDER LICENSE.FOR FURTHER INFORMATION PLEASE CONTACT: NEITHER THE 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 Contact Information: WesternZagros Resources Ltd.Greg StevensonChief Financial Officer(403) 693-7007investorrelations@westernzagros.comWesternZagros Resources Ltd.Tony KraljicVP Business Development(403) 693-7011investorrelations@westernzagros.comWesternZagros Resources Ltd.Lisa HarrimanManager of Investor Relations(403) 693-7017investorrelations@westernzagros.comwww.westernzagros.comSmithfield GroupJohn Kiely+44 (0) 20 7360 4900jkiely@smithfieldgroup.comSmithfield GroupJames McFarlane+44 (0) 20 7360