Fortune Valley Resources Inc.

Fortune Valley Resources Inc.

December 29, 2009 20:11 ET

Fortune Valley Announces Securityholders Vote in Favour of Plan of Arrangement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 29, 2009) - Fortune Valley Resources Inc. (TSX VENTURE:FVX) is pleased to announce that those securityholders voting in person or by proxy at a special meeting held today to consider the proposed Plan of Arrangement previously announced with Uruguay Mineral Exploration Inc. voted unanimously in favour of the Plan of Arrangement.

Completion of the Plan of Arrangement is subject to, among other things, the acceptance of the TSX Venture Exchange and the approval of the BC Supreme Court.

The Board of Directors

Fortune Valley Resources Inc.

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.

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