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December 18, 2003______________________________________


Bard Ventures Ltd. (the "Company") wishes to amend the price of the non-brokered private placement announced on December 12, 2003. The Company has arranged a non-brokered private placement of 1,666,667 flow-through units now priced at $0.18 per unit. All other terms remain unchanged, that being each flow-through unit will consist of one flow-through common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional non-flow-through common share at a price of $0.25 at any time for twelve (12) months from the closing date.

The Company intends to use the proceeds from the private placement to fund exploration on the North James River project. The private placement is subject to regulatory approval.

On behalf of:
Bard Ventures Ltd.

"Eugene Beukman"

Eugene Beukman