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East West Raises $1.9 Million From Warrant Exercises

Posted on: Thursday, 28 June 2007, 15:03 CDT

East West Resource Corporation (TSX VENTURE: EWR) is pleased to announce that $1,906,175 has been raised by the issuance of 12,979,665 common shares.

These funds will be used to advance the Norton and Marshall Lake projects as well as for general working capital purposes.

Work on the Norton Nickel project will resume with a substantial drill program focusing on expanding the existing mineralized zone and a geophysical program to define new on strike drill targets.

The company continues to advance the Marshall Lake Copper Zinc project. The emphasis at Marshall Lake over the coming months will be on near surface copper zones located in the Gazooma portion of the property where eight major copper occurrences have been identified.

This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause East West Resource Corporation's results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof.

ON BEHALF OF THE BOARD

Blake Colvin, Director

THE TSX VENTURE EXCHANGE DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 Contacts: East West Resource Corporation Blake Colvin Director (807) 623-3824 (807) 623-0877 (FAX) Email: info@eastwestres.com Website: www.eastwestres.com

SOURCE: East West Resource Corporation

Source: MARKET WIRE

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