GSW

Green Swan Capital Corp. (TSX VENTURE:GSW) ("Green Swan") is pleased to provide
an update on its direct shareholding in Winston Resources Inc. (CNSX:WRW)
("Winston"). Green Swan owns 1,200,000 common shares in Winston's capital.


Green Swan's business strategy calls for it to combine mineral exploration
activity on its British Columbia assets with M&A activity to deliver real
shareholder value. In executing that strategy, Green Swan recently sold its
interests in its two Ring of Fire properties to Winston, in exchange for
1,200,000 common shares of Winston and 400,000 common share purchase warrants
(see Green Swan's press release of June 25, 2012 for details.) This transaction
gives Green Swan ongoing exposure to Winston's operations.


One of the reasons for effecting this transaction was that Green Swan felt that
Winston's management team, headed by Mr. Danny Wettreich, would be able to
effect further accretive transactions, which would provide Green Swan with the
opportunity to directly participate in Winston's capital growth at no further
cost to Green Swan.


Winston recently announced what it believes is such a transaction, namely, that
it intends to acquire 100% of the Etamame Lake Nickel Project ("Etamame"),
together with the data of a March, 2011 VTEM AEM geophysical airborne survey
(the "Airborne Survey") carried out over Etamame. The total acquisition price
was $372,500 payable in a combination of cash and Winston treasury shares at a
deemed price of $0.25 per share.


According to Winston, Etamame is located in the Lingman Lake greenstone belt,
near Sachigo Lake in Northwestern Ontario. Etamame consists of 10 claim blocks
totalling 142 claim units that have not previously been drilled. The Airborne
Survey identified numerous prospective targets associated with strong magnetic
anomalies. Winston believes that Etamame represents a highly prospective
potential nickel deposit that justifies a drilling program.


On closing of the Etamame transaction, Winston will own 100% of the Elmtree Gold
Project, 100% of Etamame and related Airborne Survey, and an option to acquire
up to 70% of two highly prospective properties in Ontario's Ring of Fire.


Green Swan believes its holdings in Winston represent a significant opportunity
for growth and validation of Green Swan's business plan.


About Green Swan Capital Corp.

Green Swan Capital Corp. is a Canadian company engaged in the business of
acquiring, exploring and dealing in mineral properties in Canada. Green Swan
intends to deliver value through exploration and through corporate M&A
activities.


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. GSW 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 GSW currently foresees. Discussion of the various
factors that may affect future results is contained in GSW's recent filings,
available on SEDAR. GSW 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. Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. 


On Behalf of the Board of Directors

GREEN SWAN CAPITAL CORP.

Peter M. Clausi, President, CEO and Director

Green Swan Capital Corp. (TSXV:GSW)
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