Freewest Resources Canada Inc. (TSX VENTURE:FWR) announces that its Board of
Directors has enacted technical amendments to Freewest's 1997 Stock Option Plan
and 2003 Stock Option Plan, to give holders of vested "in-the-money" options the
right to elect to be paid in cash, under the Stock Option Plans, the same amount
that they would otherwise be entitled to receive pursuant to the proposed Plan
of Arrangement between Freewest and Cliffs Natural Resources Inc.


Any such election by an option holder will become effective only upon acceptance
in writing by Freewest. Upon acceptance by Freewest, the options will be
immediately cancelled and an optionee will have no further rights with respect
to such options, other than the right to be paid for them. Payment will be made
by Freewest no later than three business days after acceptance by Freewest of
the notice.


The amendments to the 1997 Stock Option Plan and 2003 Stock Option Plan are
subject to approval by the TSX Venture Exchange.


About Freewest 

Freewest is a mineral exploration company actively exploring for gold,
base-metals and chromite within eastern Canada. Corporate information can be
accessed on the Internet at www.freewest.com. Freewest's shares are listed on
Tier 1 of the TSX Venture Exchange under the symbol FWR.


Forward-Looking Statements

This news release contains statements that constitute "forward-looking
information" or "forward-looking statements" within the meaning of applicable
securities legislation. This forward-looking information is subject to numerous
risks and uncertainties, certain of which are beyond the control of Freewest
Resources Canada Inc. ("Freewest"). Actual results or achievements may differ
materially from those expressed in, or implied by, this forward-looking
information. No assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, or if any of them do so,
what benefits that Freewest will derive therefrom. In particular, no assurance
can be given as to whether the proposed plan of arrangement with Cliffs Natural
Resources Inc. will be completed. Forward-looking information is based on the
estimates and opinions of Freewest's management at the time the information is
released and Freewest does not undertake any obligation to update publicly or to
revise any of the forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by applicable
securities laws.


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