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File: WesCan - Press Release Extension to Acquisition Dec 15. 2014.doc


  
    
Suite 2500,  520  - 5th Ave. S.W.
Calgary, AB. T2P 3R7
T 403.265.9464
F 403.266.1510 
www.wescanenergycorp.com
                      
 NEWS RELEASE
 WesCan Energy Announces Extension to Closing Date for Proposed Acquisition of Oil and Gas Properties in Central Alber
--->ta

  For Immediate Release          December 15, 2014 
 
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
--->   

December 15, 2014 - Calgary, Alberta - WesCan Energy Corp. (TSXV:WCE) ("WesCan" or the "Corporation") announced today 
--->that it has signed an amendment to its previously announced purchase agreement on November 18, 2014, to acquire oil an
--->d gas properties in Alberta (the "Acquisition") producing approximately 100 BOE/d (65% oil and NGLs, 35% natural gas) 
--->for an aggregate purchase price of $2,346,500.

The amendment extends the outside closing date to January 23, 2015, in order to provide the parties more time to satis
--->fy closing conditions.  The completion of the Acquisition is still subject to a number of conditions, including approv
--->al of the TSX Venture Exchange.

We seek Safe Harbor.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Greg T. Busby, President & CEO                                            
WESCAN ENERGY CORP.  
Tel: (403) 265-9464   


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE 
--->TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Disclaimer for Forward-Looking Information 

Except for statements of historical fact, this news release contains certain "forward-looking information" within the 
--->meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan",
---> "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certai
--->n events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to,
---> statements regarding expectations of management regarding the issuance of units pursuant to the private placement, th
--->e identity of the subscribers under the private placement, the proposed use of proceeds, the expiry of hold periods an
--->d regulatory approval. Although the Company believes that the expectations reflected in the forward-looking informatio
--->n are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking stat
--->ements are subject to risks and uncertainties that may cause actual results, performance or developments to differ mat
--->erially from those contained in the statements including, without limitation, the risks that the shares may not resume
---> trading as planned and that the escrowed shares may not be released as planned.