NWest Energy Corp. Terminates Private Placement Financing

(via Thenewswire.ca)

Dartmouth, NS / TheNewswire / May 4, 2015 - NWest Energy Corp. ("NWest" or the "Company") (TSX-V: NWN) announces that it will not be proceeding with its $1,000,000 non-brokered private placement as previously announced in its press release dated February 6, 2015 (and amended by press releases dated March 6, 2015 and April 17, 2015). NWest continues to investigate other financing opportunities.

About NWest Energy Corp.

Further information regarding the Company is available at www.nwestenergy.com.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements, other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of NWest, constitute forward-looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, general economic and market conditions. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from NWest's expectations include general global economic conditions. For additional information with respect to risk factors applicable to NWest, reference should be made to NWest's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, NWest's Management's Discussion and Analysis For the Year Ended September 30, 2014. The forward-looking information contained in this release is made as of the date of this release and NWest does not undertake to update publicly or revise the forward-looking information contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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