2010 News

News

Ringbolt Ventures 2.78-million-share private placement

March 26, 2010

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 13, 2010.

Shares:2.78 million Purchase price:10.5 cents Warrants:2.78 million share purchase warrants to purchase 2.78 million shares Warrant exercise price:25 cents for a five-year period Hidden placees:14 Insider:Yvonne Yeung 50,000 Pro group:Anthony Chow 50,000 Finder's fee:$21,375 cash payable to Li Wei.

Disclaimer and Cautionary Statement Regarding Forward-Looking Information

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 press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.

Ringbolt Ventures Ltd. seeks safe harbor.

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