News release via Canada NewsWire, Toronto 416-863-9350

Attention Business Editors:

Cogitore Resources Inc. Completes Non-Brokered Portion of Private Placement

Cogitore Resources Inc. (the « Company ») (WOO, TSX-V) is pleased to announce that on April 23, 2007 the Company completed the non-brokered portion of its previously announced private placement of 2,500,000 Flow-Through Units to raise $2,000,000 and 1,314,860 Units to raise $920,402 for aggregate gross proceeds of $2,920,402.

As previously announced, the Flow-Through Units were priced at $0.80 and the Units were priced at $0.70. Each Flow-Through Unit consists of one Flow-Through Common Share and one half Common Share Purchase Warrant. Each whole Common Share Purchase Warrant that is part of the Flow-Through Unit will entitle the holder to purchase one additional Common Share at a price of $1.05 for a period of two years after the closing of the private placement. Each Unit consists of one Common Share and one half Common Share Purchase Warrant. Each whole Common Share Purchase Warrant that is part of the Unit will entitle the holder to purchase one additional Common Share at a price of $0.90 for a period of two years after the closing of the private placement.

As previously disclosed, when accepted by the Company, the Company protected offers received from registered investment dealers. The Company protected offers from Haywood Securities Inc., Jones, Gable & Company Limited, Laurentian Bank Securities, Jennings Capital Inc., Canaccord Capital Corp. and BMO Nesbitt Burns Inc. As consideration for their services, these investment dealers were paid a 6% commission for an aggregate total of $76,224.

The Common Shares issued at closing are, and the Common Shares issued upon exercise of the Common Share Purchase Warrants will be subject to resale restrictions pursuant to applicable securities laws requirements and notably to a hold period of four months plus one day from the closing date.

The proceeds of the Flow-Through portion of the financing will be used to fund the Company’s 2007-08 exploration program, while the non-Flow-Through portion of the financing will be used for the Company’s 2007-08 exploration program and for general corporate purposes.

The Company expects the brokered portion of the financing to be completed on or about April 25, 2007.

The Company now has 26,603,733 common shares issued and outstanding.

The Company has developed a strategic focus on base metal exploration in prospective areas that also feature infrastructure favourable for mining development. Accordingly, it will focus its work in the Abitibi Belt of Quebec and Ontario, and in the Central Belt of Newfoundland.

On Behalf of the Board of Directors:

Mark Goodman, Chairman of the Board
Telephone: 416-924-9893
www.cogitore.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SEDAR: 00020132E. CNW 23-APR-07 ©2007 Cogitore Resources Inc.