NOT FOR DISSEMMINATION IN THE UNITED STATES OR VIA US NEWSWIRE SERVICES

Bluerock Resources Ltd. (TSX VENTURE:BRD) (the "Company") announces a
non-brokered private placement to issue up to 5,400,000 units to raise up to
C$2,700,000 (the "Offering") with a 10% overallotment.


Each unit will be priced at $0.50 and will consist of one common share and one
half transferable share purchase warrant. Each full warrant will entitle the
holder to purchase one additional common share, exercisable for one year from
the closing date, at a price of $0.85 per share. A 5% finders fee will be
payable in association with part the financing.


The Company will use the private placement funds to further the development of
its Colorado mining projects to develop uranium production in order to take full
advantage of toll milling capacity reserved for Bluerock Resources in our toll
milling agreement with Denison Mines (USA) described in our press release of
January 16, 2008.


Bluerock Resources Ltd. is a uranium mining company focused on developing
tomorrow's energy today through the acquisition and development of conventional
uranium resources in Utah and Colorado.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, CEO, President and Director

Statements contained in this document that are not historical facts are forward
looking statements as that term is defined in the private securities litigation
reform act of 1995. Such forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ materially from
estimated results. Such risks and uncertainties are detailed in the Company's
filing with the B.C. Securities Commission. We seek safe harbour.


This news release, required by applicable Canadian laws, is not for distribution
to U.S. news wire services or for dissemination in the United States and does
not constitute an offer to sell or a solicitation of an offer to sell any of the
securities in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or sold
within the United States or to U.S. Persons (as defined in Regulation S under
the U.S. Securities Act) unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from registration is available.


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