ATW Closes Second Tranche of Financing for Proceeds of $1,781,250 Raising a Total of $10,978,105

April 1, 2008

ATW Venture Corp (ATW: TSX-V) (Frankfurt: A3N) , ("ATW" or "the Company"), is pleased to announce that it has closed the second tranche of the Company's financing (the "Offering") of up to 12,000,000 units (the "Units") at a price of $0.95 per Unit.  The Offering was first announced on February 29, 2008. 

PI Financial Corp. acted as agent to the Offering (the "Agent").

The total proceeds raised by the Company was $10,978,105.  The Offering was closed in two tranches, with the first tranche of 9,680,900 Units for proceeds of $9,196,855 closed on March 27, 2008 (the "First Closing Date") and the second tranche of 1,875,000 units closed today, April 1, 2008 (the "Second Closing Date") for proceeds of $1,781,250.

Each Unit consists of one common share (a "Share") and one transferable common share purchase warrant (a "Warrant"). Each Warrant is exercisable into one additional common share ("Common Share") of the Company for two years at an exercise price of $1.35 per common share for the first year and for $1.50 for the second year.

For the second Tranche of the Offering, The Agent and the Special Selling Group (the members of which were listed in the Company's news release of March 27, 2008) received a commission of 7.0% of the gross proceeds of the Offering, equal to $121,362.50 in cash.

In addition, the Agent and the Special Selling Group received compensation options (the "Agent's Options") equal in number to 8.0% of the number of Units sold under the Offering; Agents Options totaling 146,000.  Each compensation option entitles the holder to purchase one common share at a price of $1.05 for a period of two years.

The Shares comprising part of the Units and the Shares underlying the Warrants and the Agent's Options are all subject to a four month hold period expiring four months from the First Closing Date and the Second Closing Date (depending on which tranche they were issued pursuant to).

Net proceeds of the Offering are to be used primarily to fund the Company's exploration of the Burnakura Mine Project, for other exploration and development, for possible future acquisitions and for working capital purposes.

The Offering is subject to its final acceptance for filing with the TSX-Venture Exchange.

For more information, please visit the Company website at www.atwventure.com   or contact Luke Norman at 604 662-8184.

ATW VENTURE CORP.

 "Brent Butler"

Brent Butler
President & CEO

"The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."

"This news release may contain forward -looking statements.  Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties.  Actual results may differ materially from those currently anticipated in such statements."

"This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "US Securities Act") or any state securities laws and may not be offered or sold within the United States or to US Persons unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available."