Toronto, Ontario--(Newsfile Corp. - January 1, 2014) - Winston Resources Inc. (CNSX: WRW) ("Winston" or the "Company") announces that Mark Wettreich, a director of the Company, has exercised warrants he owns and has purchased 1,440,000 common shares of Winston at a price of $0.05 per share, for gross proceeds of $72,000. Mark Wettreich directly and indirectly beneficially now owns 2,880,000 common shares of Winston, representing 45.1% of the Company. There are now 6,383,995 common shares of Winston issued and outstanding.
About Winston Resources
Winston is a Toronto based mineral company whose majority owned subsidiary CNRP Mining Inc (CNSX: CND) owns 100% of the Elmtree Gold Project in New Brunswick, Canada. Winston also owns an investment portfolio of publicly listed mineral stocks.
For more information please see www.WinstonResourcesInc.com or contact Danny Wettreich at (416) 628 9879 or dw@WinstonResourcesInc.com
This news release is not for distribution or dissemination in the United States of America
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Winston Resources Inc. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CNSX has not reviewed, approved or disapproved the content of this press release.
