News

November 16, 2004 - YTW Weslea Growth Capital Corporation (YTW Growth Capital's first Capital Pool Company) has filed a preliminary prospectus for the Initial Public Offering of its common shares with the securities commissions or similar authorities in each of the provinces of Quebec, Ontario, Manitoba, Alberta and British Columbia and with the TSX Venture Exchange, but the prospectus has not yet become final for the purpose of the sale of securities. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province of Canada prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in such province.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy the common shares in any jurisdiction. The common shares offered will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to a U.S. person, absent registration, or an applicable exemption therefrom.