Websmart.com Communications Inc.
Suite 410 - 777 Dunsmuir St.
Vancouver, BC V7Y 1G5

NEWS RELEASE

September 7, 2004

VANCOUVER, BRITISH COLUMBIA - Websmart.com Communications Inc. (the "Company") is pleased to announce the completion of a private placement of 1.0 Million Flow-Through Units at a price of $0.05 per Unit with each unit consisting of one Flow-Through Share and one non-transferable share purchase warrant, such warrant being exercisable into additional Flow-Through Shares for one year at a price of $0.10 per warrant exercised. Any shares issued as a result of this private placement including shares issued as a result of the exercise of warrants will have a hold period expiring January 7, 2005.

In addition, the Company is pleased to announce the receipt of TSX Venture Exchange acceptance to an agreement with Grayd Resource Corporation (a TSX Venture listed company) pursuant to which the Company was granted an option to earn up to a 61% interest in Grayd's 3,750-hectare Seel porphyry copper-gold project located 100 km south of Houston B.C. Refer to the News Release of June 1, 2004 for further details of this project.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.