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WESTERN AND PACIFIC RESOURCES ANNOUNCES CONVERSION

 WESTERN AND PACIFIC RESOURCES ANNOUNCES CONVERSION
 VANCOUVER, British Columbia, June 12 /PRNewswire/ -- Western and


Pacific Resources Corp. (the company) announces that pursuant to the loan agreements Richard Pearce & Sons Limited have agreed to convert the outstanding principle amount due to it at May 31, 1992 of $6,720,678 Cdn. into shares at a price of $2.05 Cdn. per share or 3,278,837 shaes in the aggregate.
 -0- 06/12/92
 /CONTACT: Allan Ferguson of Western and Pacific Resources Corp., 604-669-1322/
 (WNP.) CO: Western and Pacific Resources Corp. ST: British Columbia IN: SU:


MM -- SF013 -- 9917 06/12/92 20:24 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 12, 1992
Words:104
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