Fortune Valley Resources Inc. (TSX VENTURE: FVX) announces that it has issued 4,984,400 common shares in the Company pursuant to a shares for debt agreement with two of its directors and a shares for debt agreement with Pacific Opportunity Capital Ltd., a company of which an officer of the Company is president.

The shares for debt agreements extinguished $249,220 of the Company's debt for the issuance of 4,984,400 common shares at $0.05 per share.

The Board of Directors

Fortune Valley Resources Inc.

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: CHF Investor Relations Robin Cook Senior Account Manager (416) 868-1079, Ext. 228 (416) 868-6198 (FAX) robin@chfir.com www.fortunevalleyresources.com

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