Wyn Developments announces Annual General Meeting

PROPOSES RESTRUCTURING AND NAME CHANGE

(TSX-V: WL.V) (OTC-BB: WYDPF) (FRANKFURT: YXE.F)

VANCOUVER, March 27 /CNW/ - Wyn Developments Inc. (the "Company" or "Wyn") announces the Annual General and Special Meeting ("AGM") of the shareholders will be held on April 30th, 2008, at 10am in Vancouver, British Columbia. Information circulars are anticipated to be mailed to shareholders on or before April 5th, 2008. Shareholders of record on or before April 2nd, 2008 will be entitled to vote on the resolutions of this AGM.

This shareholder meeting will NOT include the previously announced potential amalgamation of the Company with Bighorn Petroleum Ltd., Flying A Petroleum Ltd. and Tenaka Drilling Consortium Ltd. (collectively, the "Participants"). To date, the Participants have consistently missed agreed upon timetables to execute the amalgamation. Management is disappointed with the progress of the proposal to date, in spite of the Company's significant and sustained efforts to reach this goal, and has consequently elected to proceed with its own corporate restructuring in the best interests of the Company's shareholders. Such restructuring will facilitate either the timely completion of the proposed amalgamation or a realignment of the Company's mergers, acquisitions, exploration and development strategy. The Company is quite prepared to resume its efforts to complete the proposed amalgamation on terms and timing that is acceptable to the Company's Directors and shareholders, including, namely, the establishment and execution of a firm timetable to completion, but is also equally prepared to proceed with other alternatives should progress on the amalgamation remain elusive.

At the meeting of April 30th, 2008, the Company's Board of Directors propose shareholders on the record date vote in favor of, among other items, a "spin out" of the Company's mineral assets to Wyn Metals Inc., a consolidation of Wyn's shares and a name change.

Each shareholder of record will receive 1 new share of Wyn Metals Inc. for each 11 shares of Wyn. Wyn will then also consolidate on a 5 old for 1 new share ratio and, as the rights and title holder of the brand, will rename the Company "Canada Gas Corp." Shareholders of record will then own both Wyn Metals Inc. and Canada Gas Corp. A summary of these restructurings is as follows:

    
                                      Canada Gas Corp.       Wyn Metals Inc.

    Reverse Split Ratio              5 old shares for     11 old shares for
                                          1 new share           1 new share

                   Wyn Developments Inc.  Canada Gas Corp.   Wyn Metals Inc.

    Issued Shares           101,157,609        20,231,522         9,196,146
    Warrants                 38,711,729         7,742,346         3,519,248
    'B' Warrants              1,190,000           238,000           108,182
    Options                   1,150,000           230,000                 0
    Fully Diluted           142,209,338        28,441,868        12,823,576
    

More information will be provided in the Company's information circular to be mailed on or before April 5th, 2008.

All of the above is subject to court, shareholder, and regulatory approval.

For more information on the Company or to sign up for our email list, please visit www.wyndevelopments.ca.

On Behalf of the Board,

WYN DEVELOPMENTS INC.

"David McMillan"

--------------------------------

David McMillan

President & CEO

FORWARD LOOKING STATEMENTS

This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Chad McMillan
(604) 685-5851 or Toll Free: (888) 685-5851
Fax: (604) 685-7349
Email: chad@urg.ca

www.wyndevelopments.ca

520-700 West Pender Street
Vancouver
British Columbia
Canada
V6Z 2X2