VANCOUVER, Nov. 4, 2011 /CNW/ – Westminster Resources Ltd. (the “Company”) (TSX-V: WMR), announces that it has negotiated a non-brokered private placement of 12,000,000 shares at $0.10 per share for gross proceeds of $1,200,000.
Finders’ fees commensurate with TSX.V policies will be paid from the Company’s working capital.
The funds raised will be used to conduct exploration on the Company’s El Cobre-Cumbral IOCG prospect in Sonora, Mexico and for general working capital.
ON BEHALF OF THE BOARD OF DIRECTORS
WESTMINSTER RESOURCES LTD.
“Glen J. Indra”