Novawest's Pro Minerals' final Prospectus approved



    VANCOUVER, Jan. 14 /CNW/ - Novawest Resources Inc. (TSXV - "NVE";
Frankfurt - "NWN"), and its Board of Directors are pleased to announce that
further to the filing of Pro Minerals Inc.'s Prospectus, announced on November
27, 2007, the Company has received final approval of the Pro Minerals
Prospectus and IPO. The Initial Public Offering ("IPO") is cleared in British
Columbia, Alberta and Ontario. It should be noted that neither the Pro
Minerals "spin-off" shares nor warrants that will be given to the existing
Novawest shareholders as of the date of record; nor the IPO shares and
warrants of Pro Minerals will be subject to a hold period, as had been
indicated previously on November 27, 2007. The shares will all be cleared for
immediate trading by the Prospectus.
    Pro Minerals Inc. is undertaking a listing on the TSX-V Exchange subject
to the successful placement of up to 4,400,000 Units at $0.25 Cdn per unit for
gross proceeds of $1,100,000. Additionally, there is an Over-Allotment
provision ("Greenshoe") to purchase an additional number of units equal to 15%
of the number of Units sold pursuant to the IPO offering. Complete details of
the offering are available upon request.
    On the effective date of the previously announced Plan of Arrangement,
which date will be contemporaneous with the closing date of the IPO of Pro
Minerals, Novawest will distribute to its shareholders one common share of Pro
Minerals for every five Novawest shares held, and one common share purchase
warrant of Pro Minerals for every five Novawest warrants held by Novawest
warrant holders.
    Novawest invites the public to visit its "NEW" website at
http://www.Novawest.com or e-mail us at Novawest@Novawest.com to be added to
the Company's e-mail list for press releases and updates.

    ON BEHALF OF THE BOARD OF DIRECTORS OF NOVAWEST RE

SOURCES INC. "Patrick D. O'Brien" ------------------------------ Patrick D. O'Brien - President 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 CONSTITUITE 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: Suite 1600, The Bower Building, 543 Granville
Street, Vancouver, British Columbia, Canada, V6C 1X8, Tel: (604) 683-8990,
Toll-Free: 1-800-663-8990, Fax: (604) 683-8903, www.novawest.com,
novawest@novawest.com

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NOVAWEST RESOURCES INC.

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