WMI Whetstone Minerals Ltd.

JERSEY, CHANNEL ISLANDS, United Kingdom, Dec. 9, 2011 /CNW/ - , Whetstone Minerals Ltd. ("Whetstone") has been advised by Robert Stan, a director of Whetstone, that the Alberta Securities Commission ("ASC") has issued a Notice of Hearing with respect to him and certain other persons alleging contraventions of Section 147 of the Securities Act (Alberta) and conduct contrary to the public interest. The allegations relate to trading in securities of another public company by the individuals. Whetstone is not in any way connected with the allegations and has not been named as a party to the Notice of Hearing. The allegations are unproven and Whetstone has been advised by Mr. Stan that he denies the allegations and intends to dispute and defend himself against the allegations in the Notice. For more information please refer to ASC notice 2011 ABASC 610 dated December 5, 2011, which is available on the ASC's website. About Whetstone Minerals Ltd.: Whetstone Minerals Ltd. is a gold exploration and development company focused on Zimbabwe, where it owns a number of advanced exploration projects including several former producing mines. Whetstone's common shares are listed on the TSX Venture Exchange under the trading symbol "WMI". Whetstone is pursuing a two pronged growth strategy through aggressive property and corporate acquisitions as well as adding resources through the drill bit. Whetstone's website address is www.whetstoneminerals.com. 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: Whetstone Minerals Inc.Allan Dolan, Chairman and Interim Chief Executive OfficerPhone: +44 (77) 9697 3008

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