Mr. Stephen Wilkinson reports

WPC RESOURCES ANNOUNCES PRIVATE PLACEMENT

WPC Resources Inc. has arranged a non-brokered private placement of up to 30 million units at a price of five cents per unit for gross proceeds of $1.5-million. Each unit will consist of one common share in the capital of the company and one-half non-transferable common share purchase warrant. Each full warrant will entitle the holder to purchase one common share of the company for a period of 24 months from the close of the offering at an exercise price of 10 cents. The company will use the net proceeds of the offering to pursue the acquisition of the past-producing Lupin gold mine and the Ulu gold project from Mandalay Resources Corp. (see news release dated Jan. 19, 2015), to prepare a preliminary economic assessment of the Ulu gold project, and for general working capital. The company intends to close the offering as soon as practicable.

The offering, including the future issuance of common shares and warrants, is subject to the final approval of the TSX Venture Exchange. All securities issued will be subject to a hold period of four months and a day, pursuant to applicable securities laws.

We seek Safe Harbor.