JERSEY, CHANNEL ISLANDS, United Kingdom, Sept. 29, 2011 /CNW/ - Whetstone Minerals Ltd. announced today that, due to market conditions, it will not be proceeding with its previously announced private placement of up to 27,142,857 Whetstone Shares. To be added to Whetstone's private email list, please contact info@whetstoneminerals.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Whetstone Minerals Ltd. CONTACT: please contact the Corporation or Charles Vivian of Pelham BellPottinger:Whetstone Minerals Ltd. Pelham Bell PottingerAllan Dolan, Chairman and Interim Charles VivianChief Phone: +44 207 861 3126Executive OfficerPhone: +44 (77) 9697 3008

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