Novawest sells Raglan interests



    - For $5.775 Million in Cash and Shares; plus 2 Million Warrants and
    $2 Million in Exploration Commitment

    VANCOUVER, April 20 /CNW/ - Novawest Resources Inc. (TSXV - "NVE";
Frankfurt - "NWN"), is pleased to announce that it has entered into a
Memorandum of Understanding ("MOU") with Goldbrook Ventures Inc. (TSXV -
"GBK") whereby Novawest shall sell Goldbrook 100% of its Property Interests
and other Assets at Raglan, Quebec. The purchase price of $5,775,000 Cdn. is
comprised of $4,000,000 Cdn. cash, and 5,000,000 common shares of Goldbrook
valued at $0.355 per share (per close of trading April 18th, 2007).
    In addition, Novawest will receive 2 million Goldbrook warrants whereby
Novawest may purchase up to 2 million additional common shares of Goldbrook at
$0.35 per share. The warrants are exercisable for 5 years. Ten thousand
dollars of the cash proceeds will purchase Goldbrook a 100% Interest in
Novawest's interest in its Raglan camp and miscellaneous assets associated
with its Raglan Camp. Goldbrook and Novawest will co-operate to conclude the
Definitive Agreement and close the transaction within 60 days.
    Novawest will also receive a 1% Net Smelter Royalty ("NSR") on its
current Claims and Interests in the Raglan property, with the exception of any
property that already carries any royalty to any other person. Goldbrook will
have the right to purchase one half of the NSR from Novawest at any time for
$1 million Cdn.
    Goldbrook has now paid Novawest a non-refundable $250,000 cash down
payment, which will be deducted from the $4,000,000 cash payable to Novawest
upon closing.
    Goldbrook shares issued to Novawest will be subject to a 4 month hold
period per the policies of the TSX Venture Exchange. The transaction is
subject to approval of the Boards of both companies and the TSX Venture
Exchange.
    Under the terms of the MOU with Novawest, and in addition to the
25,000-metre drill program Goldbrook has already announced it plans to carry
out in summer 2007 on its present Raglan holdings, Goldbrook has also
committed to carry out a minimum of $2 million of additional exploration work
in summer 2007 on the Raglan Property Interests being acquired from Novawest.
There are numerous excellent exploration targets presently identified on the
Novawest property.
    Novawest's Chairman, Patrick O'Brien states; "We are very pleased to be
associated with such a progressive mineral exploration company as Goldbrook
and share in their passion for Raglan and the exceptional exploration
opportunities there. This transaction provides Novawest with a significant
amount of cash and other assets with which to pursue other mining
opportunities. At the very same time, through Novawest's becoming a Goldbrook
shareholder, it continues to allow Novawest's stakeholders an excellent and
significantly expanded opportunity to share in and reap the rewards of future
exploration of both Novawest's and Goldbrook's combined Raglan Assemblages."
    The world renowned Raglan Ni-Cu-PGE-Co Camp, first identified in the
1930's is situated within the 340 km long Cape Smith Belt in Northern Quebec,
Canada. Raglan is one of the richest nickel-sulphide horizons in the world.
Although traditionally known for its high-grade nickel-copper deposits of
magmatic origin, Raglan is now one of the premier exploration targets for
platinum-group elements due to the high grades of platinum and palladium
contained in the mineralization there. Raglan is the host to Xstrata plc's
Raglan Nickel Mine (formerly owned by Falconbridge Limited). 90% of the ore
currently being produced at Raglan comes from underground sources, with the
remainder coming from an open pit. There are three underground mines and one
open pit producing at Raglan. Novawest's and Goldbrook's massive Raglan
Assemblages adjoin Xstrata's Raglan interests. Novawest's and Goldbrook's
Assemblages also adjoin extensive exploration projects being carried out at
Raglan by Canadian Royalties and AngloAmerican. There will be more than
$40 million in exploration and studies carried out in the Raglan Camp in
Summer 2007.

    ON BEHALF OF THE BOARD OF DIRECTORS OF NOVAWEST RE

SOURCES INC. "Patrick D. O'Brien" ----------------------------- Patrick D. O'Brien - Chairman Novawest invites the public to visit its website at http://www.novawest.com or e-mail the company at novawest@novawest.com to be added to the company's e-mail list for press releases and updates. S.E.C.Exemption12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN

For further information:

For further information: Novawest Resources Inc., Suite 1000, The Marine
Building, 355 Burrard Street, Vancouver, BC, V6C 2G8, Phone: (604) 683-8990 or
Toll Free: 1-800-663-8990, Fax: (604) 683-8903

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NOVAWEST RESOURCES INC.

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