BLV

At the request of IIROC, Blackstone Ventures Inc. (TSX VENTURE:BLV)
("Blackstone" or the "Company") wishes to confirm that the Company's management
is unaware of any material change in the Company's operations that would account
for the recent increase in market activity.


About Blackstone

Blackstone is a mineral exploration company currently undertaking a focused
effort to identify, review, and assess exploration and resource assets. The
Company's plans include a consolidation of share capital followed by an equity
financing. Existing cash and short term investments will be utilized to complete
this reorganization.


On behalf of Blackstone Ventures Inc.

Donald McInnes, Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the business
and anticipated financial performance of the Company. These statements are
subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements. The Company
does not undertake to update any forward looking statements, oral or written,
made by itself or on its behalf.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Blackstone Ventures Inc.
Investor Relations
604-619-3575
www.blv.ca

Blackstone Ventures Inc. (TSXV:BLV)
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