Outlook Resources Inc.

Outlook Resources Inc.

February 28, 2008 09:59 ET

Outlook Resources Retains CHF Investor Relations

TORONTO, ONTARIO--(Marketwire - Feb. 28, 2008) - Outlook Resources Inc. ("Outlook" or "the Company") (TSX VENTURE:OLR) is pleased to announce that it has retained the services of CHF Investor Relations ("CHF"), Canada's longest established investor relations firm.

Effective immediately, CHF will provide comprehensive investor relations services to Outlook Resources for an initial period of twelve months ending February 28, 2009. Thereafter, cancellation by either party requires three months' notice. CHF will be paid a monthly fee of $7,500 plus allowable disbursements. Additionally, subject to regulatory approval and the dictates of the Company's stock option plan, CHF will be granted incentive stock options to purchase 1,000,000 shares at $0.10.

Outlook's CEO John Bottomley commented, "I am very excited about the agreement reached with CHF on behalf of Outlook and our shareholders. As the Company continues to develop, it is important that we have a strategic IR plan in place in order for the investment community to recognize our unique story. CHF has an impressive client base and long standing relationships within the investment community. All of us here at Outlook are thrilled to be working on our new IR plan with the CHF team."

About CHF Investor Relations

CHF's niche role is acting as a public company's outsourced, low-cost equivalent to an internal investor relations department. With Canadian offices in Toronto and Calgary, and international offices in Sao Paulo, Brazil, and Shanghai, China, CHF serves an international portfolio of TSX/Venture-listed companies, and others seeking to list on the TSX, that operate in a broad range of industries including niche financial products, business and industrial solutions, oil & gas, mining exploration and producers, telecommunications and high-tech.

About Outlook Resources

Outlook plans to produce a unique renewable fuel product from agricultural and municipal biomass waste, known as Densified Biomass Fuel, utilizing a proprietary process.

In addition Outlook is currently involved in a technology R&D program in partnership with the Nova Scotia Agricultural College which will allow for the extraction of higher value proteins and ultimately nutraceutical grade active ingredients providing a unique value added proposition to traditional food crop production.

This two pronged approach results in Outlook being particularly well positioned to process a variety of industrial processing wastes and agricultural by-products in a manner that allows for the production of higher value renewable, carbon neutral fuels and specialized vegetable based proteins.

To find out more about Outlook Resources (TSX-V: OLR), please visit our website at www.outlookresources.com

Should you wish to receive Company news via email, please email sasha@chfir.com and specify "Outlook Resources" in the subject line.

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

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