CanWest Petroleum Corporation - NEWS - (OTC BB:CWPC.OB - News) - <img src=http://www.canwestpetroleum.com/i/common/uraniumlogo3.jpg> announces the closing of the private placement - of common shares issued on a flow-through basis - announced on June 13, 2006. A total of 5,668,100 common shares were issued on a flow-through basis at a price of C$6.60 per share for gross proceeds of C$37,409,460. <A HREF="http://www.investorshub.com/boards/board.asp?board_id=5409" target="_blank">http://www.investorshub.com/boards/board.asp?board_id=5409</A> <A HREF="http://www.investorshub.com/boards/quotes.asp?ticker=cwpc&qm_page=7576&qm_symbol=CWPC" target="_blank">http://www.investorshub.com/boards/quotes.asp?ticker=cwpc&qm_page=7576&qm_symbol=CWPC</A> <A HREF="http://www.investorshub.com/boards/quotes.asp?ticker=cwpc&qm_page=68900&qm_symbol=CWPC" target="_blank">http://www.investorshub.com/boards/quotes.asp?ticker=cwpc&qm_page=68900&qm_symbol=CWPC</A>