The shares will trade in Canadian dollars.
Ventures is an international mineral exploration company with projects principally in Alaska.
Proceeds are being applied to the exploration of the company's extensive land holdings in Alaska. Peter N. Thomson, formerly an officer of Nesbitt Thomson and Vice-Chairman of Power Corporation of Canada, is the Chairman of the Board of Ventures Resource. R. Greg Sheardown, formerly a mine engineer and investment banker, is the President, Chief Executive Officer and Director of the company. The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.