Duran Ventures Inc.
TSX VENTURE : DRV

Duran Ventures Inc.

March 25, 2008 09:00 ET

Duran Corporate Update

TORONTO, ONTARIO--(Marketwire - March 25, 2008) - George A. Brown, CEO of Duran Ventures Inc. (TSX VENTURE:DRV), announces that a cease trade order was issued against him personally by the British Columbia Securities Commission on February 6, 2008 for failure to file the required insider trading forms within the prescribed time. Mr. Brown has advised the board of directors that he does not intend to stand for re-election after completion of his current elected term as a director unless the cease trade order has been revoked.

Mr. Brown states: "I owned 1,446,934 shares at May 30, 2007 as disclosed in the Information Circular of that date. I purchased an additional 20,000 shares at $1.00 in the private placement as disclosed in the news release dated August 15, 2007. In November 2007 I exercised my 100,000 warrants at $0.35 that were disclosed in the news release dated February 15, 2007. I presently own 1,566,934 shares of Duran Ventures Inc. which are restricted under the cease trade order. I assured the BCSC immediately upon receiving the CTO that I would abide by it."

Mr. Brown further states: "I promptly notified my fellow directors of the CTO against me and expressed my regrets about letting the situation occur. I believe in Duran and have invested to reflect this. I am stepping down as a director in the best interest of Duran Ventures Inc. The board of directors of Duran will continue to receive my support as a significant shareholder."

Mr. Brown has agreed to continue to serve as CEO and looks forward to the pending transition for Duran to operating in Peru with a new full time President for Minera Aguila de Oro SAC (March 7, 2008 News Release).

Duran has terminated the consulting relationships with Mr. Tom James and Mr. Warren Manis effective March 18, 2008. These individuals no longer represent Duran Ventures Inc. in any official capacity. The 100,000 stock options granted September 5, 2007 to each individual are 30% vested and the 30,000 vested stock options will expire 30 days from their termination date as provided for in the terms of their respective Stock Option Agreements.

Duran Ventures Inc. is a Canadian resource company listed on the TSX Venture Exchanges: Symbol "DRV".

The TSX Venture Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this news release.

Contact Information