Mr. Patrick Power reports

LAKE WINN ANNOUNCES PRIVATE PLACEMENT

Lake Winn Resources Corp. has arranged a non-brokered private placement, consisting of up to three million units at a price of six cents per unit for aggregate gross proceeds of up to $180,000.

Offering and half warrants

Each unit will consist of one common share of the company and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share of the company at a price per warrant share of 10 cents for a period of 60 months from the date of issuance.

Use of proceeds

The company intends to use the net proceeds from the offering for general working capital.

Finders' fees

The company may pay finders' fees in connection with the offering to certain eligible arm's-length finders, within the amount permitted under the policies of the TSX Venture Exchange.

Approvals and regulatory matters

Completion of the offering is subject to the receipt of all necessary approvals, including acceptance of the TSX-V. The offering may be completed in one or more tranches.

The shares and warrants comprising the units (and the warrant shares issuable upon exercise of the warrants) will be subject to a statutory hold period pursuant to applicable Canadian securities laws ending four months and one day following the date of issuance.

We seek Safe Harbor.