W ESTERN W IND E NERGY C ORP .
N E W S R E L E A S E
July 8, 2010
Toronto Stock Exchange (Venture) Symbol: “ WND”
Western Wind Energy closes C$2.85 million Equity financing and in final stages of closing debt
financing totaling US $2 million to cover Pre Windstar financial close costs
Western Wind Energy Corp ("Western Wind or the "Company") is pleased to announce that it has closed a
Non-Brokered private placement offering (the "PP Offering") of 2,593,300 units ("Units") at a price of $1.10 per
Unit for gross proceeds of $2,852,630. Each Unit is comprised of one (1) common share and one half (1/2) of
one share purchase warrant. Each whole warrant entitles the holder to purchase one (1) additional common share
for a period of two years at a price of $1.50 per share. The hold periods for the Units and the underlying
securities expires on dates from October 31, 2010 to November 7, 2010.
In addition to the PP Offering, Western Wind is in the final stages of closing a corporate loan from an institutional
investor for US$2 million (“Debt Offering). The loan bears interest at 10% per annum and will be come due on
June 30, 2011. Western Wind will issue, subject to approval of the TSX Venture Exchange (the “Exchange”), an
aggregate of up to 463,471 bonus shares, or such other number of shares which may be allowed under
applicable Exchange policies.
Western Wind has also agreed to pay in connection with these transactions a cash finder’s fee to PI Financial
Corp. ("PI") equal to 7% of the gross proceeds from the offerings and to issue 311,303 finder’s warrants entitling
PI to acquire, subject to certain anti-dilution provisions set out in the Finders’ Fee Agreement, one common
share at an exercise price of $1.15, for a period of 24 months from the closing date of the Offerings.
1326 – 885 WEST GEORGIA STREET
TELEPHONE: 604.685.WIND (9463)
VANCOUVER, BC V6C 3E8
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Western Wind intends to use the pr