I am posting this on the NOT forum because of NOT's JV with WSR. I cannot see how a share consolidation would be benificial to any shareholder, especially in these market conditions. In my opinion it will make WSR's stock price drop even further. I for one am going to vote against it and would encourage other shareholders to do the same.

EE

WSR GOLD INC.

141 Adelaide Street West, Suite 301

Toronto, Ontario M5H 3L5

NOTICE OF SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that a special meeting (the "Meeting") of the shareholders of WSR Gold Inc. (the "Corporation") will be held at the Corporation's offices, 141 Adelaide Street West, Suite 301, Toronto, Ontario, M5H 3L5 on Tuesday, the 16th day of December, 2008, at 11:00 a.m. (Toronto time) for the following purposes:

1. to consider and, if appropriate, approve a special resolution authorizing the Corporation to consolidate all of the outstanding common shares of the Corporation on the basis of one (1) "new" common share for ten (10) "old" common shares;
2. to consider and, if appropriate, approve a special resolution authorizing the Corporation to change its name from WSR Gold Inc. to "White Pine Resources Inc." or such other name as may be acceptable to the Ontario Ministry of Government and Consumer Services and the TSX Venture Exchange; and
3. to transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.

The accompanying management information circular provides additional information relating to the matters to be dealt with at the Meeting.

SHAREHOLDERS WHO ARE UNABLE TO ATTEND THE MEETING IN PERSON ARE REQUESTED TO COMPLETE, DATE AND SIGN THE ENCLOSED FORM OF PROXY, AND TO RETURN IT IN THE ENVELOPE PROVIDED FOR THAT PURPOSE.

A Shareholder wishing to be represented by proxy at the Meeting or any adjournment thereof must deposit his, her or its duly executed form of proxy with the Corporation's transfer agent and registrar, Equity Transfer & Trust Company, 200 University Avenue, Suite 400, Toronto, Ontario, M5H 4H1 on or before the close of business of the last business day preceding the day of the Meeting or any adjournment thereof at which the proxy is to be used, or deliver it to the chairman of the Meeting on the day of the Meeting or any adjournment thereof, prior to the time of voting. Shareholders who are unable to attend the Meeting in person are requested to complete, date, sign and return the enclosed form of proxy so that as large a representation as possible may be had at the Meeting.

DATED at Toronto, Ontario as of the 14th day of November, 2008.

BY ORDER OF THE BOARD OF DIRECTORS

"John Tait"

John Tait President and Chief Executive Officer