WMT Secures Financial Partner in China

West Mountain Capital Corp. ("the Company" or "WMT") (TSX VENTURE:WMT) announces
that it has entered into a joint venture agreement with The Reignwood Group of
Beijing, China ("Reignwood") that provides the basic terms and conditions for
the organization of a jointly owned corporation named Reignwood Environmental
that will engage in the environmental business of site remediation, brownfield
redevelopment, oily sludge treatment and other business opportunities identified
by WMT and Reignwood. 


The joint venture agreement contemplates that WMT will contribute its existing
China-based projects, clean technology and know-how to Reignwood Environmental
and that Reignwood will provide Reignwood Environmental with the financing and
marketing strength that will allow it to carry out WMT's China-based business
plan. Reignwood Environmental is to be owned as to 55% by WMT and as to 45% by
Reignwood. 


The joint venture is subject to the execution of a definitive joint venture
agreement and the acceptance of the TSX Venture Exchange. The definitive joint
venture agreement is expected to be finalized and executed by the parties on or
before June 30, 2013. 


Reignwood is a private company with investments in a number of diversified
industries including consumer goods, health & wellness, financial services, real
estate, aviation, energy and environmental. Reignwood is most well known as the
exclusive licensee of Red Bull in China and owner of the Fairmont Beijing.
Reignwood currently controls assets totaling approximately US$6.0 billion.


"After three years of hard work and patience we have now secured a strategic
financial partner for building our environmental business in China," said Paul
Antle, President and CEO. "Reignwood is extremely successful and not only has
the financial strength but an impressive marketing division as well as many high
levels contacts throughout China. WMT will benefit on many levels by joining
forces with Reignwood."


"Selecting and securing a financial partner was the last piece of the puzzle for
us," said Antle. "Once we get all the details finalized we can focus on new
contracts and executing the business plan we developed for the Chinese market." 


About West Mountain

WMT is an established Canadian environmental solutions company specializing in
the thermal treatment of a variety of hazardous and non-hazardous waste streams.
It employs TPS Technology, a unique indirectly heated, closed loop technology
that allows it to extract even the most hazardous contaminants from soil,
industrial sludge, pharmaceutical waste and consumer waste streams converting
much of it into reusable oil and synthetic natural gas that it uses to sustain
the process. This methodology offers significant opportunity for greenhouse gas
reduction over traditional hazardous waste destruction technologies. WMT's
management team maintains expertise in hazardous waste management, Brownfield
remediation and pharmaceutical waste management with experience spanning North
America and 15 countries internationally. 


About Reignwood:

The Reignwood Group was founded in 1984 in Thailand by Dr. Chanchai
Ruayrungruang, a Thai-Chinese businessman with strong roots in China. The
company's initial activities included general trading, real estate development
and tourism, which quickly gave rise to a flourishing business with China that
grew rapidly and necessitated the opening of offices in Hong Kong and Beijing.
In the 20 years that have followed, Reignwood Group has grown to become a
multinational enterprise with investments in key industries including modern
services, consumer goods, green industries, health & wellness, financial
services, real estate, aviation, energy and environmental. The Reignwood Group
today has branch offices in Singapore, Thailand, Canada, United States and
United Kingdom, each office and staff adding strength and diversity to
Reignwood's human resources and increasing the group's international strength
and depth. 


Forward-Looking Statements

This news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and
similar expressions are intended to identify forward-looking information or
statements. More particularly and without limitation, this news release contains
forward-looking statements with respect to a potential joint venture with
Reignwood for projects located China, future deployments of the TPS technology,
the Company's capital expenditure plans for 2013 and 2014 and the completion of
financings to fund the planned capital expenditure program. The purpose of the
forward-looking statements and information is to provide readers with basic
information regarding a potential transaction by WMT in these markets and may
not be appropriate for other purposes. The forward-looking statements and
information are based on certain key expectations and assumptions made by WMT,
including expectations and assumptions concerning the execution of the
definitive joint venture agreement and obtaining the financing necessary to
carry out a planned capital expenditure program. Although WMT believes that the
expectations and assumptions on which such forward-looking statements and
information are based are reasonable, undue reliance should not be placed on the
forward looking statements and information because WMT can give no assurance
that they will prove to be correct.


Since forward-looking statements and information address future events and
conditions, by their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently anticipated due to a
number of factors and risks. These include, but are not limited to, the risks
associated with the negotiation of the definitive joint venture agreement, the
Company's contracts for operations in China, the fabrication of TPS soil
treatment units, the availability of financing, the treatment of hazardous
industrial sludge in general, attempting to secure work, the uncertainty of
estimates and projections relating to the value of the contract, health, safety
and environmental risks, transportation costs, environmental risks, failure to
realize the anticipated benefits of the contract, failure to obtain required
regulatory and other approvals, and changes in legislation, including but not
limited to environmental regulations, and risks associated with doing business
in China. Readers are cautioned that the foregoing list of factors is not
exhaustive. Additional information on these and other factors that could affect
the Company's operations and financial results are included in reports on file
with Canadian securities regulatory authorities and may be accessed through the
SEDAR website (www.sedar.com). 


This forward-looking information represents the Company's views as of the date
of this news release and such information should not be relied upon as
representing its views as of any date subsequent to the date of this document.
The Company attempted to identify important factors that could cause actual
results, performance or achievements to vary from those current expectations or
estimates expressed or implied by the forward-looking information. However,
there may be other factors that cause results, performance or achievements not
to be as expected or estimated and that could cause actual results, performance
or achievements to differ materially from current expectations. There can be no
assurance that forward-looking information will prove to be accurate, as results
and future events could differ materially from those expected or estimated in
such statements. Accordingly, readers should not place undue reliance on
forward-looking information. Except as required by law, the Company undertakes
no obligation to publicly update or revise any forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
West Mountain Capital Corp.
Mr. Paul Antle
President and CEO
709 726 0336
pantle@phaseparation.com
www.phaseparation.com
West Mountain Environmental (TSXV:WMT)
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