Bridgeport Ventures Inc.
TSX VENTURE : BPV

Bridgeport Ventures Inc.

December 14, 2009 09:36 ET

Bridgeport Ventures Inc. Announces Completion of Acquisition of Rosario Copper-Gold Property in Chile

TORONTO, ONTARIO--(Marketwire - Dec. 14, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Bridgeport Ventures Inc. (TSX VENTURE:BPV) ("Bridgeport") is pleased to announce that on December 11, 2009 it completed its previously announced acquisition of all of the issued and outstanding shares of Rio Condor Resources S.A. ("Rio Condor"), a private Chilean corporation, for a purchase price of US$2,000 and 1,200,000 common shares of Bridgeport. Rio Condor's principal asset is a right to acquire a 100% interest in the Rosario property located in Chile.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Bridgeport, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with mining activities, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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 release.

Contact Information

  • Bridgeport Ventures Inc.
    Mr. Hugh Snyder
    Chairman
    (416) 350-2356