Shear Wind Moves Forward in NS and NB

Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX) has secured a new project site
in Nova Scotia which will fit well into Shear Wind's strategy for future
development and growth. 


The new location, named Canaan Mountain, is on the west side of the province,
and the project land has been secured with the local landowners. Shear Wind has
initiated an interconnection application with Nova Scotia Power to ensure access
to transmission for future development. Two meteorological towers will be
erected immediately to collect wind data necessary to assess which turbine
technology best suits the site. 


Advancement of the Benjamin River project site which was secured a few years ago
in northern New Brunswick is another priority for Shear Wind. Wind assessment
will commence this summer with the erection of a meteorological tower on site. 


Mike Magnus, President and CEO, stated, "Our business strategy is to be ready to
answer calls for renewable energy generation facilities from the public
utilities in both Nova Scotia and New Brunswick. We are excited to add Canaan
Mountain to our portfolio, as it has the potential for a valuable wind farm for
us and for the community, and provides an excellent export option because of the
location. We are rapidly moving forward with development work on these two
projects, in both provinces." 


Shear Wind has a pipeline of projects in Nova Scotia, New Brunswick,
Saskatchewan and Alberta. Most recently the 62.1 Megawatt Glen Dhu Wind Facility
was completed in March 2011, with plans to expand that facility in the future. 


This news release shall not constitute an offer to sell or the solicitation of
an offer to buy any securities of Shear Wind in any jurisdiction.


About Shear Wind

Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is
engaged in the exploration and development of renewable wind energy properties
in Canada. Shear Wind is focused on building a strong company based on a secure
and sustainable supply of clean wind energy. Shear Wind is committed to building
shareholder value governed by environmental stewardship. Inveravante Inversiones
Universales, S.L., an international corporation based in Spain, indirectly owns
62% of Shear Wind on a fully-diluted basis and 49% of Glen Dhu Wind Energy
Limited Partnership through Genera Avante Holdings Canada Inc., following its
investment in Shear Wind in November 2009.

Additional information on the various projects may be viewed on Shear Wind's
website: www.shearwind.com.


Forward-Looking Statements / Information

This news release may include certain forward-looking information, including
statements relating to business and operating strategies, plans and prospects,
using words including "anticipate", "believe", "could", "expect", "intend",
"may", "plan", "potential", "project", "seek", "should", "will", "would" and
similar expressions, which are intended to identify a number of these
forward-looking statements. Forward-looking information reflects current views
with respect to current events and is not a guarantee of future performance and
is subject to risks, uncertainties and assumptions. Actual results may differ
materially from information contained in the forward-looking information as a
result of a number of material factors, including failure to secure adequate
financing to develop projects of Shear Wind. Shear Wind undertakes no obligation
to publicly update or revise any forward-looking information contained in this
news release, except as may be required by applicable laws, rules and
regulations. Readers are urged to consider these factors carefully in evaluating
any forward-looking information.


Shear Wind Inc. trades on the TSX Venture Exchange under the symbol "SWX".