Kos Corp. Investments Ltd. Purchases Additional Shares of Winalta Inc.

CALGARY, May 20 /CNW/ - Kos Corp. Investments Ltd. ("Kos") announces that it has acquired, through its wholly owned subsidiary Kos Win Inc., 1,300,000 class "A" common shares (the "Winalta Shares") of Winalta Inc. ("Winalta") or 3.24% of total outstanding, through the facilities of the TSX Venture Exchange.  As a result of the transaction, Kos owns 22,185,575 Winalta Shares (55.36%).

Kos acquired and holds the Winalta Shares for investment purposes.  Kos may continue to acquire shares of Winalta for investment purposes.

Kos Corp. Investments Ltd. has filed a report (as contemplated by National Instrument 62-103 - The Early Warning System) in connection with the acquisition of the Winalta Shares.  For further information, or to obtain a copy of such report, please contact Austin Fraser, Senior Vice President of Winalta Inc. at (780) 960-6900.

Winalta Inc.
#4 26302 Twp. Rd. 531A
Acheson, Alberta
T7X 5A3

Winalta Inc., operating under the trade name, Winalta Oilfield Rentals, is an oilfield service provider that specializes in portable industrial rental accommodations, remote offices and Dedicated Geo Labs; servicing the Western Canadian Oil and Gas Industry.

Neither 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.

SOURCE Winalta Inc.

For further information:

Austin Fraser, Senior Vice President of Winalta Inc. at (780) 960-6900

Profil de l'entreprise

Winalta Inc.

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