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Bluerock Ventures Corp.

09:51 AM EST - Bluerock Ventures Corp. : Has entered into a letter of intent with Tombill Mines Ltd. pursuant to which Bluerock proposes to acquire all of the issued and outstanding shares of Tombill Mines in exchange for the issuance of shares of Bluerock. The Transaction will result in a reverse take-over of Bluerock where the existing shareholders of Tombill Mines will own approximately 90% of the outstanding common shares of Bluerock upon completion of the Transaction but prior to the financing described below. Bluerock, after completion of the Transaction, is referred to in this news release as the "Resulting Issuer". Upon completion of the Transaction, it is anticipated that the Resulting Issuer will be a Tier 2 Resource Issuer. Bluerock Ventures Corp. shares V.BCR.H are trading unchanged at $0.16.