Blackstone Ventures Inc. (TSX VENTURE:BLV) recently held its 2010 Annual General
Meeting ("AGM") in Vancouver. Resolutions passed at the meeting included the
re-appointment of Hay and Watson as auditors of Blackstone, approval of
Blackstone's incentive stock option plan, and the election of the following
Directors:




--  Donald A McInnes 
--  John Greig 
--  Michael Knuckey 
--  Tor Falck 
--  Donald Njegovan 
--  Dean MacEachern 



Stuart Angus and Kelvin Dushnisky announced their retirement from the Board and
did not stand for re-election at the AGM. Subsequent to the AGM, Michael Knuckey
also announced his retirement from the Board. Blackstone wishes to thank Mr.
Angus, Mr. Dushnisky, and Mr. Knuckey for their many years of service to the
company. Blackstone also wishes to welcome Mr. Don Njegovan to the Board of
Directors. Mr. Njegovan is currently a Director of Investment Banking at Scotia
Capital Inc. in Toronto.


About Blackstone

Blackstone is a mineral exploration company currently focused on base and
precious metals in Scandinavia. The Company is actively pursuing exploration
programs at Uma as well as its Norbotten Iron Oxide-Copper-Gold (IOCG) project
in northeastern Sweden. Blackstone's primary assets are extensive nickel-copper
holdings in Sweden and Norway including six deposits with current NI
43-101-compliant resources.


On behalf of Blackstone Ventures Inc.

Donald McInnes, Chairman

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.


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