20 July 2011 ‐ White Energy Company Limited (ASX:WEC; OTCQX:WECFY) (The Company) wishes to correct misleading impressions created from recent media articles in relation to the Company.
Over the past two days there have been media articles in one of the business newspapers regarding the grant by the New South Wales Government of 70 hectares of land on a disused mine site near Cessnock in the Hunter Valley to the Company.
The articles are not entirely factual and imply wrongdoing by the Company, which we completely refute.