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Keewatin Receives Results of Sky Harvest Avian and Bat Activity Report

Posted on: Wednesday, 23 January 2008, 09:00 CST

VANCOUVER, Jan. 23 /PRNewswire-FirstCall/ -- Keewatin Windpower Corp. (the "Company") (OTCBB: KWPW) announced today that Sky Harvest Windpower Corp., a private Canadian company ("Sky Harvest") has received an environmental report focused on avian and bat activity on Sky Harvest's proposed wind farm site prepared by Golder Associates of Calgary, Alberta. These studies continued through the full year of 2007. Management of the Company have reviewed the report and are pleased to announce that in management's opinion the report indicates that the windfarm will co-exist with the natural habitat of the species in the area.

The Golder Associates study also includes but is not limited to breeding grounds and nesting areas. The frequent attendance of the surveyors helps to identify other kinds of wildlife that may need to be taken into concern. The bat activity report identified few incidences, and the Company and Sky Harvest will be continuing the monitoring in the summer months.

Sky Harvest and Keewatin have entered into a letter of intent pursuant to which Keewatin intends to acquire all of Sky Harvest's issued and outstanding shares. Closing of the 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.

Mr. Craddock, President and C.E.O. of Keewatin explains, "The importance of the report results are that we can responsibly adhere to recommended setback distances from natural species when positioning turbines and that we can deploy the necessary number of turbines. Further we are confident that the turbines will have minimal impact on avian flight paths."

Adds Mr. Craddock, "We will continue to monitor and collect data on the wildlife in and surrounding our proposed windfarm. We can adjust turbine positioning, roadways and powerlines so that the environment is protected."

ON BEHALF OF THE BOARD OF KEEWATIN WINDPOWER CORP. Chris Craddock, President

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects,""plans,""anticipates,""believes,""intends,""estimates,""projects,""aims,""potential,""goal,""objective,""prospective," and similar expressions, or that events or conditions "will,""would,""may,""can,""could" or "should" occur. Forward-looking statements in this news release include: that the environmental report indicates that the windfarm will co-exist with the natural habitat of the species in the area, that the bat activity report identified few incidences, and the Company and Sky Harvest will be continuing the monitoring in the summer months, that we can responsibly adhere to recommended setback distances from natural species when positioning turbines and that we can deploy the necessary number of turbines and that the turbines will have minimal impact on avian flight paths, and that we will continue to monitor and collect data on the wildlife in and surrounding our proposed windfarm and adjust turbine positioning, roadways and powerlines so that the environment is protected.

It is important to note that the Company's actual outcomes may differ materially from those statements contained in this press release. 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.

CONTACT: PH: (604) 601-2070, EMAIL: keewatinwindpower@shaw.ca

Keewatin Windpower Corp.

CONTACT: PH: (604) 601-2070, EMAIL: keewatinwindpower@shaw.ca

Source: PRNewswire-FirstCall

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