WESTCAN URANIUM ANNOUNCES PRIVATE PLACEMENT
Monday August 30th, 2010

WestCan Uranium Corp (WCU.V) ("WestCan") (“the Company), announces the Company is offering a non brokered private placement for securities in the amount of $600,000. The issue will consist of up to 4,000,000 flow through units at $0.15 per unit. Each unit consists of one flow through common share in the capital of the Company and one non flow through common share purchase warrant. Each warrant will entitle the holder to buy one common share of the Company for a period of 24 months from the date of the closing of the Private Placement. The exercise price of the warrants will be $0.20 for the first 12 month term of the warrants and $0.25 for the remaining 12 month term of the warrants. The Company shall rely on the “Accredited Investor Exemption” (B.C., Alberta, Ontario) and the “Friends and Relatives Exemption” (B.C.), and therefore will not be preparing an offering document. The gross proceeds of the offering will be used for qualified Canadian Exploration Expenditures.

The Company will pay a finder’s fee in connection with the Private Placement, of 10% cash plus 10% Agent’s Warrants where permitted by the TSX Venture Exchange. The exercise price of the Agent’s Warrants will be $0.20 for the first 12 month term of the warrants and $0.25 for the remaining 12 month term of the warrants.

The Private Placement is subject to the approval of the TSX Venture Exchange.

The Company is pleased to announce Ms Karen Robertshaw has been appointed as Corporate Secretary of WestCan. Ms. Robertshaw was previously appointed as CFO in January 2010. She has a Bachelor of Commerce degree from Dalhousie University in Halifax, Nova Scotia and has worked as a staff accountant for Kenway Mack Slusarchuk Stewart LLP in Calgary Alberta from 2002 to 2008. She has been the accountant for WestCan Uranium since March of 2008.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

We seek Safe Harbor.