GREENANGEL ENERGY CORP
(preliminary website)

    
Angelwest Capital Corp announces Qualifying Transaction

News Release: June 12, 2009: Qualifying Transaction

All Corporate Filings are on www.sedar.com

Private Placement Info: Accredited Investors

Investors:  Presentation

Update: Technologies & Companies

Angelwest Capital Corp (name to be changed to GREENANGEL ENERGY CORP) is a Green Energy Investment Company that trades on the TSX Venture Stock Exchange under the symbol AWC.P.

Angelwest expects to make the transition from being a capital pool company to a regular listed company after the completing of its qualifying transaction in July, 2009. The Company expects trading to resume in September, 2009 under the name, Greenangel Energy Corp and symbol GRN.

The Company invests in emerging ventures that focus on the production of energy (or energy efficiency improvements) using renewable energy renewable resources such as water, wind and solar. These firms develop, deploy or manage technologies that reduce greenhouse gas (GHG) emissions.

Angelwest provides management services, support and financial assistance (direct investment and raising capital) to young companies with a view to obtaining equity positions that can be liquidated through acquisitions or public trading as these ventures mature.

The portfolio approach gives investors a vehicle through which they can invest in young companies that address opportunities in green energy. By investing at the very early stages of development when company valuations are relatively low, it is possible for investors to achieve substantial gains.

Why Green Energy?

Concerns about GHG emissions and global warming coupled with the fact that oil reserves and other non-renewable resources are being rapidly depleted are driving innovation in what is likely to be one of the hottest sectors of the economy in the current decade.

Thomas Freidman, author of "Hot, Flat & Crowded" talks about the fuels from Hell: oil, natural gas, coal and the fuels from Heaven: hydropower, wind, solar, geothermal, wave, etc.

Jeff Rubin (ex-chief economist at CIBC), in his latest book, "Why your World is About to get a whole lot Smaller" says that oil demand - not the subprime crisis - is the cause (not effect) of the current recession by driving prices up to unaffordable levels, thereby stalling
the economy.

In the 80's, we saw the emergence of desktop computers and software and their absorption into everyday life. In the 90's the internet emerged as the next great leap in technological adoption. Now, in the 00's, "green" technologies will be the next frontier for investors and entrepreneurs.

Contact Information:

Mike Volker: mike@volker.org
(604)644-1926


26/Aug/2009