News Release

Angelwest Capital Corp. To Trade On TSX Venture Exchange

April 23, 2008

ANGELWEST CAPITAL CORP. ("AWC.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: April 23, 2008
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated February 29, 2008 has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective March 3, 2008, pursuant to the provisions of the British Columbia and Alberta Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $400,000 (2,000,000 common shares at $0.20 per share).

Commence Date: At the opening April 24, 2008, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: British Columbia

Capitalization: unlimited common shares with no par value of which 4,000,000 common shares are issued and outstanding.
Escrowed Shares: 2,000,000 common shares

Transfer Agent: Pacific Corporate Trust
Trading Symbol: AWC.P
CUSIP Number: 03476A 10 6
Sponsoring Member: Leede Financial Markets Inc.

Agent's Options: 200,000 non-transferable stock options. One option to purchase one share at $0.20 per share up to 24 months.

For further information, please refer to the Company's Prospectus dated February 29, 2008.

Company Contact: Michael Volker
Company Address: 7300 - 515 West Hastings Street, Vancouver, BC V6B 5K3

Company Phone Number: (604) 644-1926
Company Fax Number: 1-775-766-9242
Company Email Address: N/A