Blackstone Files Amended Financials for First Quarter 2011

August 15 18:35 2011

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/15/11 — As a result of a continuous disclosure review conducted by the British Columbia Securities Commission („BCSC“), Blackstone Ventures Inc. („Blackstone“ or the „Company“) (TSX VENTURE: BLV) is issuing the following press release to clarify its disclosure.

The Company has filed Amended and Restated financial statements for the three months ended March 31, 2011 („Amended Financials“). Reasons for filing the Amended Financials are as follows:

For further information on this news release please call investor relations at 604-687-3929.

On behalf of Blackstone Ventures Inc.

David M Douglas, CA, Chief Financial Officer

Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Blackstone Ventures Inc.
David M. Douglas, CA
Chief Financial Officer
604-687-3929
604-682-3727 (FAX)

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