BV.H

Blue Vista Technologies Inc. (TSX VENTURE:BV.H) ("the Company") is pleased to
announce that pursuant to its December 2, 2010 news release, all the resolutions
proposed at the Annual and Special Meeting of Shareholders held on December 30,
2010 were duly passed. In particular, the Company has attained shareholder
approval for the proposed private placement (the "Offering") of up to 10,000,000
units at a price of $0.10 per unit for total gross proceeds of up to $1,000,000.


Proceeds of the offering will be used for working capital, acquisitions,
incurring Canada exploration expenditures (within the meaning of the Income Tax
Act (Canada)), to settle debt with cash and bring the continuous disclosure
record of the Company up to date.


In addition, the shareholders have approved the Company's proposal to settle
(the "Debt Settlement") an aggregate of up to $1,100,000 of indebtedness through
the issuance of up to 22,000,000 common shares of the Company. The debt
settlement will substantially strengthen the Company's balance sheet.


The securities issued pursuant to the Offering and the Debt Settlement are
subject to a four-month hold period. In addition, the Offering and the Debt
Settlement are subject to certain conditions including, but not limited to, the
receipt of all necessary approvals including the approval of the NEX.


The Company is investigating strategic alternatives, including the sale of its
assets and possible acquisitions, which may, or may not, involve a change of
business, in order to enhance shareholder value.


Except for historical information contained herein, this news release contains
forward-looking statements that involve risks and uncertainties. Actual results
may differ materially from those currently anticipated due to a number of
factors and risks. The forward-looking statements contained in this press
release are made as of the date hereof and the Company undertakes no obligation
to update publicly or revise any forward-looking statements or information,
whether as a result of new information, future events or otherwise, unless so
required by applicable securities laws.


Shares Outstanding: 22,615,576

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