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April 1, 2008

Ringbolt Ventures Ltd.: Non-Brokered Private Placement Completed

Ringbolt Ventures Ltd. has submitted all necessary documents to approve the non-brokered private placement of two million units at a price of 50 cents per unit reported in Stockwatch news dated Feb. 29, 2008. Each unit will consist of one share and one-half share purchase warrant exercisable into one common share for a period of one year at a price of 75 cents. These securities will be restricted as per resale regulation.

On behalf of the Board of Directors

Jason Walsh, Director

We seek Safe Harbor.

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