Leeward Capital Corp. announces proposed private placement



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/

    TSX Venture - LWC

    CALGARY, April 13 /CNW/ - Leeward announces that it intends to complete a
non-brokered private placement financing ("Private Placement") of:

    
    (i)    5,882,354 units ("FT Units") at a price of $0.34 per FT Unit
           consisting of one flow-through common share of Leeward
           ("Flow-Through Shares") and one-half of one warrant ("Warrant")
           with each whole Warrant entitling the holder thereof to purchase
           one common share of Leeward ("Common Shares") at an exercise price
           of $0.40 per share for a period of 24 months after the closing of
           the Private Placement for gross proceeds of $2,000,000; and

    (ii)   1,666,668 units ("Units") at a price of $0.30 per Unit consisting
           of one Common Share and one-half of one Warrant, with each whole
           Warrant entitling the holder thereof to purchase one Common Share
           at an exercise price of $0.40 per share for a period of 24 months
           after the closing of the Private Placement for gross proceeds of
           $500,000.
    

    The exercise period of the Warrants will accelerate in the event that at
any time following January 1, 2008 the Common Shares trade for 21 consecutive
trading days at a closing price of $0.50 or greater and, following a 30-day
notice period, the Warrants will expire.
    Closing of the Private Placement is expected to occur on or about
April 26, 2007, or such other date as the parties may agree.
    In connection with the Private Placement, Leeward will pay a Finder's Fee
equal to 5% of the gross proceeds of the Private Placement and will grant to
the finder an option to purchase up to 337,551 Common Shares at a price of
$0.34 per share for a period of 24 months after the closing of the Private
Placement.
    Leeward intends to use the proceeds of the Private Placement for further
molybdenum exploration activities on its Nithi Mountain Project located in
British Columbia and for general working capital.

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





For further information:

For further information: James W. Davis, President, Tel: (403) 265-4077
ext. 1, Fax (403) 265-6410, e-mail: president@leewardcapital.com

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LEEWARD CAPITAL CORP.

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