All in West! Capital Corporation releases Q3-07 results



    WINNIPEG, Nov. 28 /CNW/ - All in West! Capital Corporation (the
"Corporation") (TSX-V: ALW) issued its financial results and achievements for
the three-month and nine-month periods ended September 30, 2007.

    
    HIGHLIGHTS:

    Q3-07 Acquisition Highlights

    -   Acquired the Black Bear Inn on July 16, 2007
    -   Acquired the Phase II Grande Cache Property (Best Western) on
        September 14, 2007
    -   Acquired the Days Inn Hinton on September 28, 2007

    All in West Capital Corporation's portfolio is now comprised of four
properties as follows:
                                                                 Purchase
                                                                 Price Paid
                      City,                           Number of  to the
    Property          Province     Acquisition Date   Rooms      Vendor
    -------------------------------------------------------------------------

    Phase I Grande    Grande
     Cache Property    Cache, AB   April 2, 2007        81       $12,500,000

    Black Bear Inn    Hinton, AB   July 16, 2007        87       $12,140,000

    Phase II Grande   Grande
     Cache Property    Cache, AB   September 14, 2007   64       $11,555,000

    Days Inn          Hinton, AB   September 28, 2007   48       $ 7,330,000

    -------------------------------------------------------------------------
    Total                                              280       $43,525,000
    -------------------------------------------------------------------------
    

    $4.5 Million Raised

    On September 27, 2007 the Corporation issued and sold, through a private
placement, 3,152,381 shares at a price of $1.05 per Share and issued a 5 year
7.5% Series B Convertible debentures in the aggregate principle amount of
$1,190,000 for aggregate gross proceeds of $4,500,000.

    
    Q3-07 Selected Financial Information

    ----------------------------------------------
                              September 30, 2007
    Operating Statistics
    RevPAR                           $     104.5
    ADR                              $     130.1
    Occupancy                               80.3%
    ----------------------------------------------
    Operating Results (in thousands)
    Total Revenues                   $   1,625.8
    Hotel Property income            $   1,003.7
    Net income (loss)                $     311.2
    FFO                              $     529.1
    ----------------------------------------------
    Per Share Results
    Diluted net income (loss)        $      0.02
    Diluted FFO                      $      0.03
    ----------------------------------------------
    

    The Company's financial results for the quarter reflect the operating
results from four properties, of which three were acquired at different times
during Q3. Two of these were acquired during the last two weeks of the
quarter. Operating results reported in this quarter reflect that the Company
did not own all of its properties for the entire period.

    Growth Strategy

    The Corporation is successfully executing its growth strategy, having
acquired four hotels located in the Province of Alberta at what management
believes are attractive capitalization rates. The Corporation is now actively
pursuing seniors retirement residences to add stability to the Corporation's
cash flow.

    Cautionary Statements

    The comments and highlights herein should be read in conjunction with the
consolidated financial statements and management's discussion and analysis for
the same period. These documents are available on the SEDAR website at
www.sedar.com.

    This press release contains forward-looking statements. For this purpose,
any statements contained herein that are not statements of historical fact may
be deemed to be forward-looking statements. Without limiting the foregoing,
the words "expects", "anticipates", "intends", "estimates", "projects", and
similar expressions are intended to identify forward-looking statements. All
forward-looking statements contained herein are expressly qualified by this
cautionary statement.

    The TSX Venture Exchange has not reviewed or approved the contents of
    this press release.





For further information:

For further information: Mr. Cornelius Martens, President and Chief
Executive Officer, or Cornelius William Martens, Investor Relations, Tel:
(204) 947-1200

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ALL IN WEST! CAPITAL CORPORATION

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