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April 4, 2008

Ringbolt Ventures Two-Million-Share Financing

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 29, 2008.

Shares: two million

Purchase price: 50 cents

Warrants: one million share purchase warrants to purchase one million shares

Warrant exercise price: 75 cents for a one-year period

Hidden placees: 25

Pro groups: Andrew Williams 50,000; Garry Henry 50,000

Finders' fees: Fort House Inc. (Dennis Wing) receives $20,000. Haywood Securities Inc. receives $5,000. Fast Marine Group (Shane Ivanco) receives $17,500. Jim Pettit receives 65,000 units with the same terms as the above private placement. Canaccord Capital Corp. receives 25,000 units with the same terms as the above private placement. Sama Enterprises Inc. (Gavin Van Burren) receives 15,000 units with the same terms as the above private placement.

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