Winslow Resources Inc.

Winslow Resources Inc.

April 27, 2005 12:32 ET

Winslow Increases Financing

CALGARY, ALBERTA--(CCNMatthews - Apr. 27, 2005) - Winslow
Resources is pleased to announce that its agent, Acumen Capital Partners, has
exercised in full its option to increase the common share portion of the
financing previously announced on April 15, 2005 by 3,000,000 shares and, with
the consent of the Company, has placed a further 232,000 common shares.
Accordingly, the financing will now consist of 2,500,000 flow-through shares
priced at $0.40 per share and 10,732,000 common shares priced at $0.33 per
share resulting in total aggregate gross proceeds of $4,541,560.
Closing is anticipated for May 10, 2005.

Winslow currently has 22,786,899 common shares issued and outstanding and
trades on the TSX Venture Exchange under the symbol "WLR".

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

Contact Information

  • Winslow Resources Inc.
    John Nelson
    Interim President, Vice-President, New Ventures
    (403) 355-1175