SOURCE: Cambodian Ventures Limited

May 23, 2006 13:24 ET

Cambodian Ventures Engages Tiger Capital for Comprehensive Investor Relations Program

LOWELL, MA and PHNOM PENH, CAMBODIA -- (MARKET WIRE) -- May 23, 2006 -- Cambodian Ventures Limited (PINKSHEETS: CMBV) is pleased to announce that it has engaged Tiger Capital Corporation of Toronto, Canada to develop and execute a comprehensive Investor Relations program.

Tiger Capital Corporation was established in June 2000 to assist companies, typically micro-cap and small-cap, with their specific Investor Relations and corporate finance needs. President and founder Trevor Burns has twenty years of diverse experience in the financial markets and has assembled a team of talented individuals who specialize in investing, financing and various aspects of Investor Relations. Collectively, Tiger Capital is able to assist each client with creating a professional image, establishing a strong market presence with a wide audience, and increasing shareholder value. Recently, a second office was established in Singapore to better serve clients operating in Asia.

"We are delighted to have Tiger Capital join our team," stated President of Cambodian Ventures, Gary Fineberg. "Tiger Capital brings to us a unique set of skills and capabilities that will be valuable and important to the ongoing success of our Company. With our attention now focused on the tremendous mining opportunities in Cambodia, we will rely on Tiger Capital to assist and guide Cambodian Ventures with its corporate communications, to ensure maximum awareness within the investment community and to enhance shareholder value."

The Company is also pleased to announce that a new corporate web site has been created and will be launched shortly to allow investors greater access to company information. Investors are encouraged to visit the site at www.cambodianventures.com.

About Cambodian Ventures

The mission of Cambodian Ventures (PINKSHEETS: CMBV) is to obtain under the prevailing mining laws of the Kingdom of Cambodia, licenses for the exploration and mining of precious minerals. The Company intends to carry out exploration activities in regions of Cambodia that contain gold and other precious minerals. In addition to mining and exploration, Cambodian Ventures has a business strategy that takes advantage of the many diverse business and investment opportunities in Cambodia and Southeast Asia. For further information on Cambodian Ventures, please visit the Company's web site at www.cambodianventures.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.

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