WPC Resources Announces New Lupin Mine Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 2, 2017) - WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) announces it has entered into a letter agreement (the "LOI") with Mandalay Resources Corporation ("Mandalay") under which the Company may acquire Mandalay's subsidiary, Lupin Mines Incorporated ("Lupin"), which owns the historic Lupin gold mine (the "Property"). The LOI replaces the Purchase Agreement with Mandalay dated October 31, 2016, and Amendment to Purchase Agreement, dated February 28, 2017, to acquire Lupin. (For additional information regarding the Purchase Agreement and Lupin Mines Incorporated please see the WPC's news releases dated November 1, 2016 and March 3, 2017, and the Company website - www.wpcresources.com.)