WINNIPEG, MANITOBA--(Marketwire - July 14, 2011) -


Legumex Walker Inc. ("LWI" or the "Company") is pleased to announce the completion of its initial public offering ("IPO") of 7,225,000 common shares and concurrent private placement of 555,556 common shares at a price of $9.00 per share for gross proceeds of $70,025,004 (the "Offering"). LWI's common shares begin trading today on the Toronto Stock Exchange under the symbol "LWP".

The IPO was completed through a syndicate of underwriters led by Cormark Securities Inc. and including CIBC World Markets Inc., Macquarie Capital Markets Canada Ltd., Scotia Capital Inc. and HSBC Securities (Canada) Inc. LWI has granted the underwriters an over-allotment option, exercisable in whole or in part at the sole discretion of the underwriters at any time within the next 30 days, to purchase up to an additional 1,083,750 common shares at a price of $9.00 per share. If the over-allotment option is exercised in full, the gross proceeds of the Offering will be $79,778,754.

The Company intends to use the net proceeds of the Offering for construction of a canola oilseed processing facility in Washington State; debt repayment; the cash portion of the purchase price payable by LWI to the shareholders of Roy Legumex Group of Companies and Walker Seeds Ltd. and for general corporate purposes.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption there from.

About Legumex Walker Inc.

LWI is a growth oriented processor and merchandiser of pulses (lentils, peas, beans and chickpeas), other special crops and canola products. As a result of the combination of the Roy Legumex Group of Companies and Walker Seeds Ltd., the Company is one of the largest processors of pulses and other special crops in Canada with nine processing facilities strategically located in key growing regions throughout Saskatchewan and Manitoba, a global sales, logistics and distribution platform and access to multimodal transportation capabilities. Through its 85% interest in Pacific Coast Canola, LLC, a company which will construct and operate an 1,100 metric tonne per day canola oilseed processing facility in Washington State, the Company will expand into canola processing, further increasing geographic and product diversification.

This press release contains "forward-looking information" within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to the Company's use of proceeds from the initial public offering, the construction of the canola oilseed crushing facility and business plans. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the final prospectus. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

Contact Information:

Legumex Walker Inc.
Joel Horn
President & Chief Executive Officer
(206) 547-1078