Full Conversion of Promissory Notes
Tuesday 25th November, 2008
Whetstone ANNOUNCES FULL CONVERSION OF PROMISSORY NOTES
Calgary, Alberta (TSX Venture: WMI), November 24, 2008 - Whetstone Minerals Inc. ("Whetstone") is pleased to announce that Clarity Enterprises Limited ("CEL") has fully converted the $1,144,900 principal amount and accrued interest of unsecured promissory notes of Whetstone held by it into 11,449,000 common shares of Whetstone at a conversion price of $0.10 per share. The 11,449,000 common shares acquired by CEL represent approximately 43.5% of the outstanding common shares of Whetstone. Following the conversion, Whetstone had 26,309,171 common shares issued and outstanding.
About Whetstone Minerals Inc.: Whetstone is a Calgary-based, multi-commodity, mineral exploration company with 100% ownership of properties in Northwestern Ontario and Northern Manitoba. Whetstone's website address is www.whetstoneminerals.com
For further information please contact:
Whetstone Minerals Inc. Paul Nagerl, President and Chief Executive Officer
Phone: (403) 543-2585
Fax: (403) 543-2599
Email: pnagerl@whetstoneminerals.com
To be added to Whetstone's private email list, please contact info@whetstoneminerals.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release.
