June 11, 2007 10:30 ET

ABV GOLD INC.: ABV Gold to Acquire Nevada-Based Gold Project

LITTLETON, CO--(Marketwire - June 11, 2007) - ABV Gold Inc. (PINKSHEETS: ABVG) (FRANKFURT: AB8) announced today that it has signed a letter of intent to acquire 100% of Vector Mining Inc. and its alluvial gold project called the Dun Glen Project. The Dun Glen Project is located in the mining district of Pershing County, Nevada.

The companies expect to sign a definitive acquisition agreement on or before June 15, 2007 and close the transaction on or before June 31, 2007.

"The Dun Glen project is a great addition to our project portfolio at ABV Gold Inc.," said Daniel F. Ryan, President of ABV Gold Inc. Furthermore, Mr. Ryan added, "Dun Glen is a past producer. We should be able to move back into production within three months. ABV's business strategy is to build a portfolio of properties balancing production and exploration upside. Dun Glen fits both criteria for acquisition."

About ABV Gold:

ABV Gold Inc. is a gold and precious metals mining company founded as an exploration company to locate, explore and mine world-class deposits. ABV Gold Inc. is publicly traded on the Over the Counter Pinksheets Market.

Important Information About Forward-Looking Statements:

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Contact:
    Daniel Ryan

    Alex Barta
    Investor Relations