YOW Capital Corp. announces an increase to its proposed private placement and the signature of an engagement letter with Investpro Securities Inc.



    OTTAWA, Sept. 26 /CNW Telbec/ - YOW Capital Corp. ("YOW.p") is pleased to
announce the signing of an engagement letter (the "Engagement Letter") with
Investpro Securities Inc. ("Investpro") pursuant to which Investpro will act
as the exclusive agent for YOW in connection with a brokered private placement
(the "Financing") to be completed concurrently with YOW's qualifying
transaction. Investpro has agreed to act as agent in connection with the
Financing to solicit subscriptions on a commercially reasonable efforts basis.
    Details of YOW's qualifying transaction and the proposed Financing were
disseminated by news release on August 6, 2008. This initial release was
subsequently amended and reissued on August 7, 2008. Since the initial
release, as amended, YOW has decided to increase the amount of the Financing
from the initially disclosed amount of $1,500,000 to $2,000,000 in order to
meet the net tangible assets requirements for a Tier 1 mining issuer. As such,
the Corporation intends to offer for sale an aggregate of 10,000,000 units
(the "Units") at a price of $0.20 per Unit. Each Unit will be comprised of one
common share and one-half of a common share purchase warrant. Each whole share
purchase warrant will entitle the holder to purchase an additional common
share from treasury at a price of $0.40 per share. The warrants will expire
two years from the closing of the Financing and will contain a provision
whereby if the common shares trade for a period of thirty days or more above
$0.75, the holder will be obligated to exercise the warrants.
    Pursuant to the terms of the Engagement Letter, YOW has agreed to pay
Investpro a corporate finance fee of $15,000 plus GST, a marketing commission
equal to 7.5% of the gross proceeds of the Financing as well as Investpro's
legal fees incurred in connection with the Financing. In addition, Investpro
shall be issued warrants entitling it to purchase an amount of Common Shares
of YOW equal to 7.5% of the number of units issued pursuant to the Financing
at a price of $0.20 per share for a period of 24 months.

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the contents of
this press release. The TSX Venture Exchange Inc. does not accept
responsibility for the adequacy or accuracy of this release.
    %SEDAR: 00026664E




For further information:

For further information: Mr. Paul Barbeau, President and CEO, YOW
Capital Corp., (613) 688-4808, (613) 232-1658 (fax)

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YOW CAPITAL CORPORATION

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