YOW Capital Enters LOI for Advanced-Stage Copper Project

August 6th, 2008

YOW Capital Corp. ("YOW.p") is pleased to announce that it has entered into a letter of intent ("LOI") with 1618254 Ontario Ltd. ("161") to acquire all of its issued and outstanding shares on a one-for-one share exchange basis with YOW common shares. Management of 161 has indicated to YOW that it expects 161's shareholders to support the sale of the company and to tender their shares at closing.

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