Mr. Greg Busby reports

WESCAN ENERGY ANNOUNCES PRIVATE PLACEMENT

Wescan Energy Corp. has arranged a non-brokered private placement of up to 15 million units at a price of 5.25 cents per unit for total gross proceeds of up to $787,500. Each unit will comprise one common share and one-half of a share purchase warrant of the company. Each whole warrant will entitle the holder to purchase one common share for a period of 24 months from the closing date at an exercise price of 10 cents per share.

The securities issued under the offering will be subject to a four-month-and-one-day hold period from the date of closing. Closing of the offering is subject to acceptance from the TSX Venture Exchange. Proceeds from the offering will be used for the continuation of identifying and evaluating potential acquisitions, for debt reduction, and for general working capital purposes.

We seek Safe Harbor.