|May 18, 2007|
Acquisition of Grouse Mountain Property, Omineca Mining Division BC
Bard Ventures Ltd. ("Bard" or the "Company") is pleased to announce that further to its news release dated May 9, 2007, the Company has received TSX Venture Exchange (the "Exchange") approval of an agreement with Stephen Bjorn Soby to acquire a 100% interest in the Grouse Mountain Property (the "Property"), which is approximately 19 kilometers north-northwest of Houston, BC, and is situated in the Omineca Mining Division. To earn its interest, the Company must pay $10,000, issue an aggregate 400,000 common shares on or before October 31, 2011, of which 20,000 common shares are issuable within ten business days of Exchange approval and incur $250,000 in exploration expenditures by October 31, 2011.
Exploration work on the Property is being conducted under the supervision of Qualified Person Jim Miller-Tait, P. Geo.
On behalf of:
Bard Ventures Ltd.
Eugene Beukman, President
For further information please visit our website at www.bardventures.com
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.
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