SOURCE: Grenville Gold Corporation

February 26, 2007 13:31 ET

Grenville to List on the Lima Stock Exchange

VANCOUVER, BC -- (MARKET WIRE) -- February 26, 2007 -- Grenville Gold Corporation (TSX-V: GVG) (PINKSHEETS: GVLGF) ("Grenville" or "the Corporation") is pleased to announce it has taken steps to begin the listing and trading of the company securities on the Peruvian stock exchange. The Bolsa De Valores De Lima (BVL) was founded in 1971, with the vision to be a leader in trading services, to facilitate funding and investment in the Peruvian capital market, with full integration into the international market.

The BVL currently lists over 250 companies, with over 1,300 average transactions per day. The exchange reached a market capitalization of over $60 million USD, in 2006. This marks an increase of over 165% from 2005.

Mining companies on the BVL make up over 25% of the current listings, with a market capitalization of over $15.7 million USD in 2006.

Grenville Gold Corp. is working with Intercapital Society of Peru, a registered agent of BVL, to complete the listing on behalf of the Corporation.

About Grenville Gold Corporation

Grenville Gold www.grenvillegold.com is a junior resource company seeking prospective properties in Peru and Ecuador. The company has three subsidiaries: Inversiones Mineras Alexander S.A.C. in Peru, Minera MineGrenville S.A. in Ecuador and Parkman Diamond Corp. in Ontario, Canada. 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. For further information contact 604-669-8842.

On behalf of the Board of Directors

"A. Paul Gill"
 President & CEO
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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