FairWest Energy Corporation
TSX VENTURE : FEC

FairWest Energy Corporation

July 25, 2011 17:48 ET

FairWest Energy Announces Shares Issued on Exercise of Warrants

CALGARY, ALBERTA--(Marketwire - July 25, 2011) - FairWest Energy Corporation (TSX VENTURE:FEC) ("FairWest" or the "Company") announces that the Company issued 6,250,000 common shares on a flow-through basis pursuant to the exercise of warrants for proceeds of $625,000. The warrants were issued in September, 2009, as part of a Unit offering at $0.20 per Unit, each Unit comprised of two common shares and one flow-through share purchase warrant. The exercise of the warrants resulted in the holder controlling, directly and indirectly, 19.3% of the total issued and outstanding shares of the Company. In June, 2011, FairWest shareholders approved this holder as a Control Person in the event his holdings exceed 20%.

About FairWest Energy

FairWest (TSX VENTURE:FEC) is a Calgary, Alberta based junior oil and gas company engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids in the provinces of Alberta and Saskatchewan.

231,919,291 Common Shares Issued

READER ADVISORY Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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