Outlook Resources Inc.
TSX VENTURE : OLR

Outlook Resources Inc.

November 14, 2008 16:04 ET

Outlook Announces Annual Meeting and Resignations of Directors

TORONTO, ONTARIO--(Marketwire - Nov. 14, 2008) - Outlook Resources Inc. ("Outlook" or the "Company")(TSX VENTURE:OLR) wishes to advise that the Company has called an annual meeting for Monday, December 29, 2008. The Company also wishes to advise that three directors of the Company have resigned.

Lonsdale Schofield has resigned for health reasons. Jim Middagh has resigned to focus his attention on a business opportunity in China. Robert Farah has resigned to take on a consulting position where he is prohibited from acting as an officer or director of a public company.

It is with great regret that John Bottomley and Bill Johnstone, the remaining directors of the Company, say goodbye to Messrs. Schofield, Middagh and Farah. Messrs. Schofield and Middagh deferred their departure from the Company to see the Company through the refinancing of the Company's aquaculture operations in Gunton, Manitoba, with the Transwest Mortgage (see Press Release of October 27, 2008). Mr. Farah has been a director of the Company for more than 8 years and was offered a consulting position which he accepted. Messrs. Bottomley and Johnstone wish to thank Messrs. Schofield, Middagh and Farah for their guidance, wisdom, help and friendship over the years and wish them well.

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

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