SOURCE: Grenville Gold Corporation

June 12, 2007 09:15 ET

Grenville Hires MidSouth Capital for US Markets

VANCOUVER, BC--(Marketwire - June 12, 2007) - Grenville Gold Corporation ("Grenville" or "the Company") (TSX-V: GVG) (PINKSHEETS: GVLGF) is pleased to announce that it has entered into a consulting agreement with MidSouth Capital Inc. ("MS"), a Georgia Company to assist Grenville with listing and awareness campaigns in the US markets.

The investor relations' activities will focus on securing market makers, arranging meetings with brokers and NASD Broker Dealers in the United States. In consideration for its services, Grenville will pay SCI a fee of $ 16,500 USD for services provided to be vested upon a clearance letter from the NASD approving a listing.

"It is important for Grenville to have exposure to the US markets as investors in that country are waking up to the commodity bull market," stated A. Paul Gill, President & CEO. "We look forward to creating a strong following in the United States, Germany and in Peru for Grenville."

At present, Grenville is currently listed on the Frankfurt Exchange and is working on its listing on the Lima Stock Exchange. Grenville will provide additional information on developments in South America as soon as information is available.

About Grenville Gold Corporation

Grenville Gold is a junior resource company seeking prospective properties in Peru and Ecuador. The company has three subsidiaries: 90% owned Inversiones Mineras Alexander S.A.C. in Peru which owns the Silveria Property, Espanola Property and the Chorobal Property, Minera MineGreville S.A. in Ecuador which owns 100% of the 80,000 Ha Rio de Oro Project and has an option to acquire the La Tigrera Project and Parkman Diamond Corp. in Ontario, Canada which owns the Parkman Diamond Prospect. Grenville Gold plans to leverage the experience of its Board and Management in exploration and mining to develop its growth strategy in North and South America.

On behalf of the Board of Directors,

"A. Paul Gill"
President & CEO
Ph. 604-669-8842
We Seek Safe Harbour

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.

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