SOURCE: ABV Gold

August 09, 2007 15:00 ET

ABV Gold, Inc. Updates Shareholders

MONTREAL--(Marketwire - August 9, 2007) - ABV Gold, Inc. (PINKSHEETS: ABVG) (FRANKFURT: AB8) is pleased to update shareholders on recent corporate activity.

"Due to the recent volatility of ABV Gold's stock price, we felt it was appropriate to give shareholders an update of our recent corporate activity," stated Daniel Ryan, President of ABV Gold, Inc. "Since taking over the helm as CEO, I have moved aggressively to restructure the company. It has been a drawn out process and we are getting ready to announce to shareholders a series of strategic endeavors and acquisitions to maximize shareholder value. We firmly believe that the asset base of the company is not reflected in the current stock price and we intend to announce steps to rectify the perceived discount."

"Past experience with other projects has given us the roadmap to success for ABV Gold, Inc." stated Mr.Ryan. "Our intention is to make this roadmap clear to shareholders during the next month. Our investor awareness effort will begin in earnest next week. Members of the team have been in Europe and New York City meeting with potential investors during the past month. Overall we are in great shape and I expect we should see a marked improvement in the situation for all shareholders."

About ABV Gold

ABV Gold is a publicly traded, junior mining-exploration company headquartered in Montreal, Canada. The company pursues the acquisition and development of mining properties known to contain significant mineral assets, principally uranium and or gold. For additional information, please visit the corporate website at www.abvgoldinc.com.

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