Green Swan Continues With Acquisition Strategy in British Columbia and Commences Work at Mikayla

Green Swan Capital Corp. ("Green Swan") (TSX VENTURE:GSW) today announced it has
purchased, subject to regulatory approval, an additional three mineral tenures
(the "Adjacent Tenures") in southeast British Columbia, contiguous to Mikayla,
one of Green Swan's current tenures. Green Swan also announces that it intends
to immediately begin an exploration program on Mikayla and the Adjacent Tenures.


Location

Green Swan's current 519 hectare Mikayla property is located in the Okanagan
Valley, roughly 15 km south of Xstrata Canada's Brenda Mine. The Adjacent
Tenures cover 625 hectares and are to the east of Mikayla. On the closing of
this transaction Mikayla (including the current portion and the Adjacent
Tenures) will cover a total of 1144 hectares.


The Brenda Mine, to the north of Mikayla, was a low grade open pit in production
from 1970 to 1990, when it produced 278,000 tonnes of copper, 66,000 tonnes of
molybdenum in concentrate form, 125 tonnes of silver and 2 tonnes of gold (see
www.brendamines.ca).


Further, Mikayla is proximate to the Crowrea and Empress properties (Nevada
Clean Magnesium Inc. / Goldrea Resources Corp. joint venture). Both are
molybdenum properties. (www.nevadacmi.com ).


The Transaction and Exploration Work

Green Swan has purchased a 100% interest in the Adjacent Tenures in
consideration of the issuance of 50,000 shares (at an agreed price of $0.10 per
share), and $5,000 cash.


Green Swan intends to immediately begin exploration on Mikayla, including the
Adjacent Tenures, commencing with an airborne survey.


About Green Swan Capital Corp.

Green Swan is engaged in the exploration and, if warranted, development and
mining of its properties as well as the acquisition, exploration and potential
development of other mineral resource properties. The common shares of Green
Swan are listed on the TSX Venture Exchange under the trading symbol "GSW". Upon
closing of the transactions contemplated above, GSW will have roughly 19,700,000
shares outstanding.


Forward-Looking Statements

This news release may include statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. Green Swan cautions that actual performance will be affected by a
number of factors, many of which are beyond its control. Future events and
results may vary substantially from what Green Swan currently foresees.
Discussion of the various factors that may affect future results is contained in
Green Swan's recent filings, available on SEDAR. Green Swan assumes no liability
for repeating or referring to any facts, statements, releases, data or reports
disseminated by any other issuer. Any reference to any other issuer should be
cross-checked for accuracy and context by the reader.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Green Swan Capital Corp.
Peter M. Clausi
416 890 1232
[e-mail]