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Keewatin Engages Corporate Communications and Strategic Advisory Firm

Posted on: Monday, 9 March 2009, 05:59 CDT

Trading Symbol: KWPW:OTCBB

VANCOUVER, March 9 /PRNewswire-FirstCall/ - Keewatin Windpower Corp (the "Company" or "Keewatin") is pleased to announce that they have engaged Aspire Clean Tech Communications, Inc., a corporate communications and strategic advisory firm dedicated to the renewable energy and clean tech markets, to assist the Company with developing an ongoing stock market communication system, handle investor requests for timely information and assist in responding to all investor inquiries and update the shareholder database accordingly.

Aspire's Todd Pitcher said, "Wind energy is one of the fastest growing energy sectors, and Canada's wind market represents a massive opportunity for the development of wind resources by companies like Keewatin. In December, the Canadian Wind Energy Association (CanWEA) announced it had become the 12th country in the world to surpass 2,000MW of installed wind energy capacity. But that only represents about 1% of Canada's total electricity demand. While the majority of installed capacity is in the eastern provinces, about 64%, Western Canada's wind resources are at least as compelling."

Key Milestones: - Keewatin is participating in the Saskatchewan Wind Power Integration and Development Study. - Keewatin has provided data to Genivar, a Calgary-based engineering firm that is conducting the study on behalf of the utility to define a productive plan for wind power in Saskatchewan. - Keewatin has entered into a letter agreement dated March 26, 2007 to acquire 100% of the issued and outstanding common shares of Sky Harvest Windpower Corp. ("Sky Harvest") a private Canadian company incorporated under the federal laws of Canada. Sky Harvest holds the rights to construct a wind power facility on approximately 8,500 acres of land located in south-western Saskatchewan. Sky Harvest has completed a wind resource assessment on the property that demonstrates that the potential wind resource exceeds the minimum capacity factor necessary to justify the planning and construction of a 150 megawatt wind power project. The assessment was completed by Genivar of Calgary, Alberta.

Closing of the Sky Harvest transaction is subject to a number of conditions including: the satisfactory completion of the parties' due diligence, the parties entry into a definitive agreement respecting the terms of the acquisition and receipt by the Company of the financial statements of Sky Harvest required under applicable US securities rules. There is no assurance that the transaction will be completed as planned or at all.

- Pitcher added that, "We look forward to working with the team at Keewatin to deliver a clear communications program which enables it to effectively broaden its audience within the investment community as well as the financial and trade media."

About Aspire Clean Tech Communications, Inc.

Based in San Diego, Aspire Clean Tech Communications is dedicated to providing strategic consulting and communications services to businesses operating in the alternative energy and clean tech industries. A commentary and outlook on the public markets and the alternative energy can be found on a daily basis at www.smallcappulse.com. Aspire is the publisher of the Aspire Week in Review newsletter, an alternative energy and clean technology publication that is broadly distributed throughout the U.S. on a weekly basis.

For more information about Aspire Clean Tech Communications, Inc., contact Todd M. Pitcher at 760-798-4938 or go to www.aspirecleantech.com.

Safe harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements. Forward-looking statements may include financial and other projections, as well as statements regarding the Company's future plans, objectives or economic performance, or the assumptions underlying any of the foregoing. The Company uses words such as "may", "would", "could", "will", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate" and similar expressions to identify forward-looking statements. Any such forward-looking statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. However, whether actual results and developments will conform with the Company's expectations and predictions is subject to a number of risks, assumptions and uncertainties. Forward looking statements in this press release include: that wind energy is one of the fastest growing energy sectors, that Canada's wind market represents a massive opportunity for the development of wind resources by companies like Keewatin, and that we are proceeding with the acquisition of Sky Harvest. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from those indicated.

Factors which may delay or prevent these forward looking statements from being realized include misinterpretation of data; that we may not be able to keep our qualified personnel; that funds expected to be received may not be; that our estimates of environmental impacts are inaccurate; that we may not be able to get equipment or labor as we need it; that we may not be able to raise sufficient funds to complete our intended windfarm business, that weather, logistical problems or hazards may prevent us from continuing the development of our windfarm business, and that the Company may not complete its proposed acquisition of Sky Harvest. Readers should refer to the risk disclosures outlined in the Company's periodic reports filed from time to time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD OF Investor Relations 1 877 700 7021 KEEWATIN WINDPOWER CORP. toll free Chris Craddock, President

SOURCE Keewatin Windpower Corp.


Source: PR Newswire

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