Mr. Stephen Wilkinson reports

WPC RESOURCES PROVIDES UPDATE ON PRIVATE PLACEMENT

WPC Resources Inc. is providing an update in connection with its previously announced non-brokered private placement for gross proceeds of up to $1.5-million. WPC anticipates the placement will close on or before March 22, 2016.

The placement will consist of up to 30 million units at a price of five cents per unit. 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 placement at an exercise price of 10 cents.

For further details on the placement, please refer to the company's news release dated Sept. 23, 2015.

We seek Safe Harbor.