ATW Venture Corp.
TSX VENTURE : ATW
FRANKFURT : A3N

ATW Venture Corp.

March 18, 2008 13:10 ET

ATW Venture Corp. Increases Private Placement to $11,400,000

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 18, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES

ATW Venture Corp. (TSX VENTURE:ATW)(FRANKFURT:A3N), ("ATW" or "the Company"), is pleased to announce that it has increased the amount of its brokered private placement led by PI Financial Corp. (the "Agent") from up to 10,000,000 units (the "Units") to up to 12,000,000 units.

Each Unit is priced at $0.95 per Unit to raise total proceeds of up to $11,400,000, up from the originally announced proceeds of up to$9,500,000 (the "Offering").

The Offering was first announced in a news release dated February 29, 2008.

Each Unit will still consist of one common share and one transferable common share purchase warrant ("Warrant"). Each Warrant will still be exercisable into one additional common share ("Common Share") of the Company for two years from the closing date of the Offering (the "Closing Date") at an exercise price of $1.35 per common share for the first year following the Closing Date, and for $1.50 for the second year following the Closing Date.

The Agent's consideration for acting as agent remains unchanged from the news release of February 29, 2008.

All securities issued pursuant to this financing will be subject to a 4-month hold period from the Closing Date. The Offering is subject to approval from the TSX Venture Exchange and any other regulatory approvals.

Proceeds of the private placement will be used to fund ATW's Burnakura Gold Mine, increased exploration, potential future acquisitions and for general working capital.

About ATW Venture Corp.

ATW Venture Corp. is the owner of the Burnakura Gold Mine, located in the West Yilgarn goldfields of Western Australia. The Burnakura Gold Mine consists of 58.8 square km of mining leases and prospecting licenses, a fully permitted 160,000 tonne per annum (450 tpd) CIL gold plant, rolling stock, underground equipment, workshops, office space and a 90 man camp. The project covers 12km of prospective strike length along a major auriferous shear zone and mesothermal gold system. Historic production on the project focused on lower grade surface oxides, which had been historically mined from 15 open pits stretching along the entire 12 km of strike length. ATW's current focus is to streamline production facilities at Burnakura, with a goal of pouring the Company's first gold in late 2008.

ATW VENTURE CORP.

Andrew Bowering, Director and CFO

"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

"This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the Company's securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available."

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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