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Tuesday, May 27, 2008

Keewatin Windpower(OTCBB:KWPW) Proceeds with Acquisition of Sky Harvest Windpower

Keewatin Windpower Proceeds with Acquisition of Sky Harvest Windpower

Trading Symbol: KWPW:OTCBB

VANCOUVER, May 27 2008 - In connection with its proposed acquisition of Sky Harvest Windpower Corp., Keewatin is pleased to announce that it has engaged Stirling Mercantile Corporation to prepare a fairness opinion concerning the transaction. Sky Harvest holds the land rights to develop a wind power project on approximately 8,500 acres of land located in southwestern Saskatchewan. The company has completed wind resource assessments on the property and is proposing the construction of a 150 megawatt facility.

Keewatin's Board of Directors anticipates that the fairness opinion will support the terms of the proposed acquisition whereby it will issue 1.5 shares of its common stock for each currently issued share of Sky Harvest, representing an aggregate of 17,343,516 shares. The advanced stage of the Sky Harvest project was considered in management's valuation. Both companies are prepared to complete the acquisition immediately following the receipt of the fairness opinion and the completion of an audit of Sky Harvest's financial statements. Current directors of Keewatin own 53% of Sky Harvest's issued and outstanding shares.

Chris Craddock, President
For information on Sky Harvest Windpower, see
Safe harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and other factors over which Keewatin Windpower Corp. has little or no control.

Chris Craddock President Investor Relations 1-877-700-7021 toll free

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