ABC Mining Ventures Inc.

September 27, 2007 11:46 ET

ABC Mining Ventures Inc. Announces Completion of Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2007) - ABC Mining Ventures Inc. (TSX VENTURE:AMV.P) is pleased to announce that it has successfully completed its qualifying transaction with Dundee Mines Ltd. The Company also completed its previously announced private placement of 2,400,000 flow-through shares at $0.30 per share and 1,600,000 non flow-through shares at $0.25 per share for gross proceeds of $1,120,000. Completion of the qualifying transaction and concurrent private placement are subject to final TSX Venture Exchange acceptance. The Company's shares will be listed on the Exchange and, subject to final Exchange acceptance, the Company's shares are expected to commence trading shortly.

The Company has appointed Garth David Kirkham to the Board of Directors in conjunction with closing the qualifying transaction. Mr. Kirkham has significant experience as a 25 year veteran of the mining industry. He became a Professional Geophysicist with the Association of Professional Geologists, Geophysicists and Engineers of Alberta (APEGGA) in 1987, the Northwest Territories and Nunavut Association of Professional Engineers, Geologist and Geophysicists (NAPEGG) and a Professional Geoscientist with the Association of Engineers and Geoscientists of B.C. (APEGBC) in 2005. Mr. Kirkham is the principal of Kirkham Geosystems Ltd., a full-service provider of geoscience software, a director of Romios Gold Corp., a member of the advisory board for North American Tungsten, and on the Executive of the Geologic Association of Canada, Mineral Deposits Division.

On behalf of the Board of Directors,

Lawrence Page, Q.C., President, Director

ABC Mining Ventures Inc.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

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