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WRONG Eik - ABV Gold Inc. Reports on the Closing of the Purchase of a Mining Interest From Red Tarmac Inc.
Monday February 11, 10:55 am ET


MONTREAL--(MARKET WIRE)--Feb 11, 2008 -- ABV Gold (Other OTC:ABVG.PK - News) (Frankfurt:AB8.F - News), a gold and other precious metals mining company, is pleased to announce that it has scheduled a closing on February 22, 2008, for the acquisition of a mining interest from Red Tarmac Inc. Representatives of ABV Gold Inc. will be in Europe on that date to close with Red Tarmac Inc. This acquisition was announced as an LOI on January 18, 2008.


"We are pleased that our deal with Red Tarmac Inc. is scheduled to close on time. The working interest of 12% in this mine represents a value of $396 million for ABV Gold Inc. shareholders. The mine has enormous reserves and should prove to be a great long-term investment. The project is going to be a centerpiece for ABV Gold Inc. Shareholders can expect more updates in a timely manner," said Daniel Ryan, CEO of ABV Gold Inc.