WYM Waymar Resources Ltd

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Waymar Resources Ltd. ("Waymar" or the "Company") (TSX VENTURE:WYM) is pleased
to announce that it has completed its previously announced C$12,650,000 private
placement financing (the "Offering"). A total of 11,500,000 units, including the
exercise of the Agents' option in full, has been issued today at a price of
C$1.10 per unit to a syndicate of agents co-led by GMP Securities L.P. and
PowerOne Capital Markets Limited and including Clarus Securities Inc. and
Jennings Capital Inc. (collectively, the "Agents").


Each Unit will consist of one common share in the capital of the Company (a
"Common Share") and one-half of one Common Share purchase warrant (each whole
Common Share purchase warrant, a "Warrant"). Each Warrant will entitle the
holder thereof to purchase one Common Share at a price of C$1.50 for a period of
24 months following the closing of the Offering. In the event that after four
months and one day from the closing date of the Offering, the volume weighted
average trading price of the Company's common shares on the TSX Venture for a
period of 20 consecutive trading days exceeds C$2.50, the Company may, within
five days after such an event, provide notice to the Warrant holders of early
expiry such that the Warrants will expire on the date which is 30 days after the
date of the notice to the Warrant holders.


In connection with the Offering, Waymar has agreed to pay an aggregate cash
commission to the Agents in an amount equal to 7.0% of the gross proceeds of the
Offering, and issue broker warrants to the Agents entitling the Agents to
acquire, in the aggregate, such number of common shares as is equal to 7.0% of
the aggregate number of Units sold in the Offering, at a price of C$1.10 per
common share for a period of 24 months following the closing of the Offering. 


All securities issued in the Offering are subject to a statutory hold period
expiring June 17, 2011.


The net proceeds from the Offering will be used to fund the Company's
exploration program and for general corporate purposes.


Waymar Resources Ltd. is a Canadian mineral exploration company with an option
to acquire 100% interest in the Anza project located in the west of the
Antioquia Department in the Republic of Colombia. Upon exercise of the option,
the optionors will retain a 2% net smelter return royalty on that portion of the
Anza property governed by the Option Agreement, one-half of which may be
purchased by Waymar for a cash payment of US$1,000,000. Colombia is a
significant producer of gold, nickel, emeralds, petroleum and natural gas as
well as a leading producer of coal in Latin America. Waymar also has 100%
ownership of certain properties surrounding Anza to cover district potential and
is continually seeking opportunities to acquire exploration properties. Waymar
trades on the TSX Venture Exchange under the symbol "WYM". 


WAYMAR RESOURCES LTD.

Pablo Marcet, President & CEO

Cautionary Statement on Forward-Looking Information

This press release contains "forward looking statements" and "forward-looking
information" including Waymar's proposed use of funds from this Offering.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects", "estimates", "intends",
"anticipates" or "believes" or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might", or
"will be taken", "occur", or "be achieved". Forward-looking information is based
on the reasonable assumptions, estimates, intentions, analysis and opinions of
Waymar made at the date that such statements are made. Forward-looking
information is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of Waymar to be materially different from those expressed or
implied by such forward-looking information, including the risk factors
disclosed elsewhere in Waymar's public disclosure. Accordingly, readers should
not place undue reliance on forward-looking information. The forward-looking
information contained herein is presented for the purposes of assisting
investors in understanding Waymar's plans and objectives and may not be
appropriate for other purposes. Waymar does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.

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