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SaskWorks Diversified (Class A - Series A) $18.2626 SaskWorks Resources (Class R - Series A) $11.1778

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WestFire Energy Ltd. Announces $40 Million Bought Deal Financing, Expanded Capital Program and Upward Revisions to 2011 Guidance

CALGARY, ALBERTA–(Marketwire – February 15, 2010) –

WestFire Energy Ltd. (“WestFire” or the “Company”) (TSX:WFE) is pleased to announce a $40 million bought deal financing, increased 2011 capital program and upward revisions to its 2011 guidance.

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