Mr. Greg Busby reports

WCE ANNOUNCES PRIVATE PLACEMENT

Wescan Energy Corp. has arranged a non-brokered private placement of up to 6,666,667 units at a price of 7.5 cents per unit for aggregate gross proceeds of up to $500,000. Each unit will comprise one common share and one common share purchase warrant of the company. Each 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 further development and reactivations of certain wells located at the company's core area in Provost, Alta., and general working capital purposes. The company will also be utilizing an innovative, enhanced, downhole oil-recovery tool that is expected to increase overall production and crude quality while reducing monthly chemical costs that are used in all of the company's producing wells as a anti-corrosion inhibitors and for preventive maintenance purposes.

We seek Safe Harbor.