Bridgeport Ventures Inc.

Bridgeport Ventures Inc.

September 29, 2010 13:08 ET

Bridgeport Ventures Inc. Announces New President and Chief Executive Officer

TORONTO, ONTARIO--(Marketwire - Sept. 29, 2010) - Bridgeport Ventures Inc. (TSX:BPV) ("Bridgeport") is pleased to announce the appointment of Shastri Ramnath as its new President and Chief Executive Officer. Ms. Ramnath has spent the past eight years with FNX Mining and more recently with QuadraFNX. She is a Professional Geologist and holds a BSc. Hons in Geology from the University of Manitoba and a MSc. in Exploration Geology from Rhodes University in South Africa. She is also a candidate for an MBA at Athabasca University. It is expected that Ms. Ramnath will be appointed to Bridgeport's board of directors following its annual meeting of shareholders scheduled for October 14, 2010.

Concurrent with Ms. Ramnath's appointment, Hugh Snyder has resigned as Chief Executive Officer, but remains Chairman of the Board of Directors of Bridgeport.

Hugh commented, "Shastri has participated in one of the outstanding Canadian exploration and development success stories of the past few years, and this experience, together with her enthusiasm and energy, will ensure that Bridgeport will have the opportunity to evaluate and participate in high quality opportunities in the mineral industry".

Forward Looking Statement — Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. There forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Bridgeport.

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