Article: Waterloo Provides Update on Qualifying Transaction.

VANCOUVER, BRITISH COLUMBIA, Jul 23, 2009 (Marketwire via COMTEX) -- Waterloo Resources Ltd. (TSX VENTURE:WAT.P) ("Waterloo"), a Vancouver based Capital Pool Company listed on the TSX Venture Exchange (the "Exchange") is providing an update on the status of its "Qualifying Transaction" further to its news release dated March 9, 2009.

Waterloo has entered into an amending agreement with Eagle Plains Resources Ltd. ("Eagle Plains") (TSX VENTURE:EPL) whereby the regulatory approval deadline under the Option Agreement between the parties has been extended to August 31, 2009. Pursuant to the Option Agreement dated effective September 8, 2008 between Waterloo and Eagle ...

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