Fortune Valley Resources Inc. (the "Company") (TSX VENTURE:FVX) announces that
the TSX Venture Exchange has accepted for filing the documents relating to the
$250,000 convertible debenture that the Company announced on October 5th it was
issuing to Uruguay Mineral Exploration Inc. and that the financing has closed.
The debenture is subject to a hold period that expires on February 6, 2010.


Fortune Valley Resources Inc. is a mining company focused on creating
shareholder wealth through the development of high quality gold assets in Chile
and Argentina.


The Board of Directors

Fortune Valley Resources Inc.

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