Bluerock Resources Ltd.
TSX VENTURE : BRD

Bluerock Resources Ltd.

October 31, 2007 18:39 ET

Bluerock Resources Ltd. Issues Incentive Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - Bluerock Resources Ltd. (TSX VENTURE:BRD) announces that 520,000 incentive options have been awarded to Directors and Officers of the Company. These incentive options are priced at $0.73 per share and expire October 31st, 2012. A further 240,000 incentive options have been awarded to employees and contractors of Bluerock Resources Ltd. and it's wholly owned U.S. subsidiary Bluerock Energy Corp. These incentive options are priced at $0.65 per share and expire October 31st, 2012.

Bluerock Resources Ltd. is a uranium exploration company focused on developing tomorrow's energy today through the acquisition and development of conventional uranium resources.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President

Bluerock Resources Ltd.

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

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