Firestone Ventures Inc.
TSX VENTURE : FV
FRANKFURT : F5V

Firestone Ventures Inc.

July 31, 2006 16:12 ET

Firestone Ventures Begins Trading on the Frankfurt Stock Exchange

EDMONTON, ALBERTA--(CCNMatthews - July 31, 2006) - Firestone Ventures Inc. (TSX VENTURE:FV)(FWB:F5V) is pleased to announce that its shares have commenced trading on the Frankfurt Stock Exchange under the symbol F5V. The German brokerage firm of Baader Wertpapierhandelsbank AG will be the market-maker. The ISIN number for Firestone Ventures Inc. is CA3183181021 and the German Security Code (WKN) is 892593.

"Since late last year, we have experienced tremendous support from the European investment community. The Company's listing on the Frankfurt Stock Exchange will significantly increase the profile of Firestone Ventures Inc. and increases exposure to worldwide capital markets. In addition, the move should further broaden our shareholder base and increase liquidity," says Lori Walton, President and CEO.

The Frankfurt Stock Exchange offers fully-electronic trading facilities and ranks among the world's largest stock exchanges, along with NYSE, Nasdaq and London. For more information on the Frankfurt Stock Exchange, please visit www.deutsche-boerse.com.

About Firestone Ventures Inc.

Firestone Ventures Inc. is a Canadian-based resource exploration and development company with projects in western Canada and Guatemala, Central America. Since 2003, the company has assembled a property portfolio focused on zinc, gold and uranium. The company is fully financed and well-managed.

In 2006, the Company conducted a Phase One drill program at the Torlon Hill high-grade zinc (oxide) property in Guatemala and is planning a Phase Two program for Autumn, 2006. Results from the Phase One drilling included significant intersections of high-grade zinc, including zones which are exposed on surface.

A drill program is planned for September, 2006 at the Company's Sonora copper-gold prospect in Yukon Territory, Canada. The intrusive-related gold-copper target areas are within 40 kilometres of Sherwood Copper's Minto copper-gold project, currently in development.

Firestone Ventures Inc. also has a 100% interest in more than 110,000 acres of land in southwestern Alberta, Canada that is prospective for sandstone-hosted "roll-front" uranium deposits. An initial economic and exploration assessment of southwestern Alberta for sandstone-hosted uranium deposits was completed in 2005, and the Company is proceeding with surface exploration in preparation for a drill program.

The Company also holds the Morris gold-silver-antimony property, located 120 km west of Williams Lake, British Columbia, Canada. The Morris quartz veins contain abundant antimony, up to 32.7%, in addition to gold and silver. The price of antimony has increased dramatically over the past five years; it is used in batteries and in compounds as a flame-retardant in textiles, plastics and building materials.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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