Blackstone Grants Options

  Blackstone Ventures Inc. (TSX VENTURE: BLV) has, subject to regulatory approval, granted 2,333,000 five year common share purchase options with an exercise price of $0.165 to employees, directors and consultants to the company.

On behalf of Blackstone Ventures Inc.

Dean MacEachern, President

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Blackstone Ventures Inc. Investor Relations 604-687-3929 www.blv.ca