Ned Goodman - Press Release

    TORONTO, April 25 /CNW/ - Ned Goodman announces that he has personally
acquired on April 23, 2007 by way of private placement, 312,500 flow-through
units of Cogitore Resources Inc. (WOO - TSX-V) (the "Company") at a price of
$0.80 per flow-through unit. Each Flow-Through Unit consists of one
Flow-Through Common Share and one half Common Share Purchase Warrant. Each
whole Common Share Purchase Warrant that is part of the Flow-Through Unit will
entitle the holder to purchase one additional Common Share at a price of $1.05
for a period of two years after the closing of the private placement.
    After giving effect to this subscription, Ned Goodman owns 2,796,431
common shares in the capital of the Company, warrants to acquire 1,051,120
common shares, and options to acquire 150,000 common shares. These securities
represent approximately a 9.2% undiluted interest and a 12.6% diluted interest
in the Company.
    The securities were acquired for investment purposes only. Ned Goodman's
position in Cogitore may be increased or decreased in the future as considered
appropriate in light of investment criteria, market conditions and other
factors and in accordance with the provisions of applicable securities
    A copy of the report filed by Ned Goodman in connection with the
foregoing, as required under applicable securities legislation, may be
obtained by contacting Orest W. Zajcew at the Company's offices

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

    %SEDAR: 00020132E

For further information:

For further information: Orest W. Zajcew, (416) 924-9893

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