VANCOUVER, BRITISH COLUMBIA - Douglas L. Mason (“Mason”) has acquired 500,000 flow-through units of Consolidated Venturex Holdings Ltd. (the “Company”) at $0.15 per unit pursuant to a private placement by the Company.  Each unit consists of one flow-through common share and one non flow-through common share purchase warrant (and each warrant entitles the holder to purchase one additional common share at a price of $0.17 for one year from the closing date).  As a result of such acquisition, Mason, directly and indirectly, currently owns a total of 2,609,000 common shares of the Company, stock options exercisable into 1,275,000 common shares and share purchase warrants exercisable into 500,000 shares of the Company.  Upon the exercise of the stock options and the share purchase warrants in their entirety, Mason, directly and indirectly, would hold 4,384,000 common shares of the Company, representing approximately 13.9% of the issued and outstanding share capital of the Company.  The securities of the Company owned by Mason are held for investment purposes.  Further securities of the Company may be acquired by Mason in the market or privately from time to time.

  “Douglas L. Mason”  
Douglas L. Mason