Business NewsMarketWire • Westlake Capital Ltd. Announces Closing of Private Placement

Westlake Capital Ltd. Announces Closing of Private Placement

Westlake Capital Ltd. Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 23, 2013) - Westlake Capital Ltd. ("Westlake" or the "Company") (TSX VENTURE:WLK.P) is pleased to announce that, subject to the issuance of a Final Exchange Bulletin by the TSX Venture Exchange (the "Exchange"), Westlake has completed the previously announced private placement pursuant to which Westlake acquired 3,100,000 units of RockBridge Resources Ltd. ("RockBridge") at a price of $0.05 per unit. Each unit comprised one RockBridge common share ("RockBridge Common Share") and one RockBridge warrant ("RockBridge Warrant") exercisable to acquire one additional RockBridge common share for one year at $0.10 per common share. The RockBridge Common Shares and RockBridge Warrants will be subject to a hold period of 4 months from the date of issue.

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