January 25, 2008 09:30 ET

ABV Gold Releases Open Letter to Shareholders

MONTREAL--(Marketwire - January 25, 2008) - ABV Gold Inc. (PINKSHEETS: ABVG) (FRANKFURT: AB8), is pleased to release an open letter to shareholders.

Dear Shareholders,

Your company has been the subject of intense scrutiny by certain websites claiming to be news organizations. We are investigating our options in terms of addressing the content and motivation behind these articles. This letter is meant to address certain issues brought up by these articles.

The company has been the target of shorting in the past year. It seems a strange coincidence that the recent attacks on the internet come after the stock of the company has moved much higher from a December low. Naked short selling is a well known problem on the pinksheets and we intend to fight any naked short selling of our stock with concerted efforts in the coming months. These attacks in the "press" will not deter us from our efforts.

ABV Gold Inc. is involved in multiple business deals in Russia which have significant blue sky potential. These business deals are all resource related and involve numerous partners and intermediaries in Russia and other parts of the world.

The company is disclosing information on a timely basis in order to give shareholders the opportunity to properly value the company. As stated in previous releases our goal is to build the asset value of the company without diluting the share structure. The business plan for the company is targeting a valuation of ABV Gold Inc. of between $10 to $20 million. This amount cannot be guaranteed but we feel with proper planning and execution we can expect to come close to our targets.

The company has managed to secure certain projects and properties and expects to make more announcements in short order. Any costs related to the previous acquisitions were paid through shareholder advances. This benefited current shareholders since we did not dilute the stock of the company. The company has secured a source of funding which we intend to exercise once we realize a much higher valuation for the company on the market.

The company is presently working on some new Russian projects. This story is still developing and shareholders can expect more news.

As shareholders may recall we have another project in Russia which is operated under a partnership consisting of two companies, Kamsas and DRSU. Both Kamsas and DRSU maintain legal addresses in Kransnoyarsk county, Nagarov city, municipality Promyshleny Uzel. Kamzas is licensed to extract gold in the Balyks River Valley, located in the Republic of Hakasiya, 10 km East of Balysk. The areas are located near the villages of Balyks, Neojidany (sic) and Nikolaevka in the Republic of Haskasiya.

The company will hold an investor conference call @ 4:30 P.M. EST on February 8, 2008 to allow investors to voice their concerns. Shareholders are invited to call (712) 432-1100 with an access code: 696644#.

ABV Gold Inc. is committed to an open dialogue with all investors.

Best Regards,

Daniel Ryan
President and CEO
ABV Gold, Inc.

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 events and conditions.

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