Inukshuk holds title over the Hood River Property (the "Property") located in Canada’s Arctic region, approximately 530 km north-north-east of Yellowknife and 125 km west of Bathurst Inlet, Nunavut.

The Company has the right to purchase 100% of Inukshuk for 8,000,000 common shares of the Company, the Company making advance royalty payments totaling $500,000 over a three year period and the Company funding all expenditures needed to maintain the Property. There is a 3% net smelter return royalty payable to Inukshuk shareholders and this royalty may be reduced to 1.5%.

WPC is also announcing that the TSX Venture Exchange has accepted for expedited filing documentation of a Property Option Agreement dated May 30, 2014 between WPC and Elgin Mining Inc. ("Elgin") and Bonito Capital Corp. ("Bonito") whereby the Company may acquire up to an 80% interest in the Ulu Property (the "Property"), located 530 km north of Yellowknife, NWT within the Kitikmeot Settlement Area of Nunavut. Bonito is the 100% direct owner of the Property and is a 100% owned Subsidiary of Elgin.

To earn an initial 70% the Company has agreed to do the following over a four-year period: 1) pay $500,000: 2) issue 20,000,000 shares of the Company, and 3) spend $3,000,000 on exploration and development of the Ulu project. Upon successfully completing these commitments, the Company will have earned 70% of the Ulu concession. Once this is complete, the parties will enter into a formal Joint Venture Agreement. The initial cash payment will be $25,000 and an issuance of 2,000,000 shares with the first-year work commitment being $300,000

The Company can earn further 10% of the Property by completing a Feasibility Study within 18 months of earning the 70% interest, and replacing 80% of the environmental security bond (currently $1,685,210) held by Elgin on the property.

Options Granted

WPC further announces that in compliance with the Company’s Stock Option Plan, the Board of Directors has granted 3,600,000 Options exercisable for 5 years @ $0.10 to certain Directors, Officers, Advisors and Employees of the Company.