Bluerock Resources Ltd.
TSX VENTURE : BRD

Bluerock Resources Ltd.

July 17, 2007 10:24 ET

Bluerock Resources Increases Private Placement to Raise Up to $6.7 Million

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2007) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA US NEWSWIRE SERVICES

Bluerock Resources Ltd. (TSX VENTURE:BRD) (the "Company") announces an increase to their private placements, previously announced July 3, 2007, to now issue up to 14,000,000 units to raise up to C$6,720,000. The non brokered portion of the offering has been increased to 5,900,000 units and the over allotment option of the brokered private placement has been increased to 3,100,000 units.

All other terms of the private placement will remain the same. This private placement is subject to regulatory approval.

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

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, CEO, President and Director

Statements contained in this document that are not historical facts are forward looking statements as that term is defined in the private securities litigation reform act of 1995. Such forward -looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filing with the B.C. Securities Commission. We seek safe harbour.

This news release, required by applicable Canadian laws, is not for distribution to U.S. news wire services or for dissemination in the United States and does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available.

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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